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Among them is Alkyl Amines Chemicals, which delivered 131 per cent return in 2021, 253 per cent return in 2020, 35 per cent return in 2019, 20 per cent in 2018 and 119 per cent in 2017.

Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 148561.51 Crore) operating in Auto sector.

Axis Securities likes TCS, Coal India, SAIL and SBI, among others. Motilal Oswal Securities has a preference for a dozen stocks post recent selloff. Among them are HDFC, SBI, Wipro, HCL Tech, L&T and Tata Motors, among others.

“What we have witnessed in the last 10 years is a complete sweep out of leverage in every possible segment within the economy. So while there are some pockets here and there, some restructuring has happened, some guarantee schemes (some of that will fail) have come but we probably are not going to go back to anything that we have witnessed in the last three years and certainly not in the last six-seven years.”

A total of 42,384 shares changed hands on the counter till 12:28PM (IST).

Despite the recent rise, analysts are bullish on the counter on a technical basis, suggesting investors to buy it in the near term.

The Relative Strength Index of the stock stood at 39.11 on Thursday.

The stock traded at a P/E multiple of 53.75, while the price-to-book value ratio stood at 2.01.

As of 31-Dec-2021, promoters held 46.74 per cent stake in the company, while FIIs held 18.88 per cent and domestic institutional investors had 13.61 per cent.

“Don’t go all in but gradually nibble your way into a bank like ICICI Bank. I do not think it is wise to compare this geopolitical event with any other because we do not know how fluid the situation could be but the prices are getting more and more attractive for long-term investors and gradual accumulation is a far better approach. ”