The Market is expected to correct till around 7th April. however PSU banks are expected to correct further due to rise in NPAs.
The Market is in correction mode and as such Both the scrips you have mentioned are expected to decline further. However if you are willing to hold for 6 to 9 months, then you can accumulate both the scrips .
Because of large number of IPOs, the investors will continue to offload allotted shares of Heramb and the scrip for the timebeing is expected to witness correction. Wait for some time , till Q 4 results and you will get it at better valuation. Railtel may be accumulated in small lots. However donot be much enthu about any PSU stocks.
During last few sessions, the scrip has declined sharply and may be you get around Rs. 975
The scrip is at exorbitant valuation. So some profit booking is a good and safe move.
To touch Your cost, the scrip will take many many years. Not possible in next few months.
I am not much positive about this scrip and even if demerger of some of the businesses are announced, it will boost the price in any significant manner. It will be short lived.
Till second week of April, the Indian stock market is expected to show high degree of volatility. However the clear picture will emerge only after second week of April,whether we are in bear phase or we resume uptrend.The scrips mentioned by you are of good fundamentals,. However continuous correction will affect all the scrips.So be careful in investing
The scrip is good and yet as a practice 50% shares should be sold and profit booked. Due to many factors, the scrip may fall in the short term, so profit realisation is suggested as a practice
In Two months, I am not sure, however the scrip can show steady rise towards Rs. 900