Mehul Kothari of Anand Rathi recommended three stocks to buy in the short term, all priced under ₹100, in a report published on June 13. The picks include IRB Infrastructure Developers, Rattanindia Enterprises, and NHPC. This recommendation comes amid a powerful rally on Friday that helped Indian benchmark indices close the week strongly, boosted by easing geopolitical tensions and falling crude oil prices, according to livemint.com.
The rally was driven by a decline in crude oil prices below $90 per barrel, which improved investor sentiment globally and encouraged a return to equities after a cautious week. Kothari's selections reflect sectors likely to benefit from this improved market environment. IRB Infrastructure Developers is positioned to gain from infrastructure growth, Rattanindia Enterprises has exposure to power and energy sectors, and NHPC is a major player in hydroelectric power generation, the report detailed.
These stock picks are significant as they offer affordable investment options amid volatile markets. The Indian stock market has seen fluctuations due to geopolitical risks and commodity price swings, but the recent easing of tensions in West Asia and lower crude prices have provided relief. Kothari's recommendations align with a broader trend of investors seeking value stocks with growth potential in infrastructure and energy, sectors critical to India's economic expansion.
The report was published on June 13, 2026, by livemint.com, highlighting these three stocks as short-term buying opportunities under ₹100, reflecting market optimism following the recent rally and improved global sentiment.