What to do with Heritage Foods, REC and 4 other stocks? Religare Broking’s Ravi Singh decodes

With a significant drop in implied volatility (IV) to around 16, the market shows increased stability. Investors should consider buying fundamentally strong companies now, Dr Ravi Singh, Senior Vice President, Retail Research at Religare Broking said. This analyst spells-out strategy in previous week’s major movers viz. Heritage Foods, REC, Amara Raja Energy and three more stocks. Here’s what he recommends:Edited excerpts:Indian markets shed the June 4 disappointment to close 3.6% up on…
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Source: https://m.economictimes.com/markets/expert-view/what-to-do-with-heritage-foods-rec-and-4-other-stocks-religare-brokings-ravi-singh-decodes/amp_articleshow/110853294.cms