Negative impactCompany
DMart faces more time correction, Poonawalla Fincorp may rally 10-12%: Chola Securities' Dharmesh Kant
CNBC-TV18 1 hr ago·12 Oct 2026, 6:06 am
Chola Securities' Dharmesh Kant has identified Poonawalla Fincorp as a stock that could see significant upside, with a potential trading rally of 10-12%. This positive outlook comes as the company navigates the challenges of the broader NBFC sector, which has faced headwinds in recent months. Investors are watching the stock closely to see if it can sustain this momentum and break through key resistance levels.
While Kant remains optimistic about the stock's potential, he has also flagged DMart as a name facing continued pressure. He attributes this to the retailer's rich valuations, suggesting that despite operational changes, the stock may remain under pressure until the market revises its price targets. For investors, the key takeaway is to differentiate between stocks facing valuation concerns and those with strong growth potential in the current market cycle.
Excerpt from CNBC-TV18
Published On Oct 12, 2026 | 11:36 IST Last Updated On Oct 12, 2026 | 11:36 IST Chola Securities' Dharmesh Kant predicts DMart will face continued valuation pressure and potential time correction, while Poonawalla Fincorp may see a 10-12% rally. He also remains positive on defence leaders like HAL and Mazagon Dock, and…Read the original at CNBC-TV18
Affected stocks
Bearish2 stocks
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Poonawalla Fincorp (POONAWALLA).
- Category: Company.
- AI reads the tone as negative (potentially bearish) for the stock.
- Assessed as a significant, market-relevant update.
- Also mentions HAL.
Why it matters
A meaningful update for Poonawalla Fincorp worth tracking. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.
