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Ganesh Dongre’s 3 Stock Picks for 9 June 2025 — Buy or Sell?

Ganesh Dongre’s Top 3 Stocks for Next Week—Worth Your Money?

Let’s be honest—the stock market moves fast. One day you’re up, next day you’re questioning all your life choices. That’s where guys like Ganesh Dongre come in. Senior Technical Analyst at Anand Rathi, he’s just dropped his three stock picks for 9th June 2025: Bharat Forge, Mazagon Dock, and NALCO. But here’s the real question—should you actually put your money there? Let’s break it down properly.

Who Even Is This Ganesh Dongre Guy?

Okay, so Dongre isn’t some random guy shouting stock tips on YouTube. He’s been in the game for 15+ years, which in market years is like a century. Works at Anand Rathi—big, respectable firm. What I like about him? He doesn’t just chase trends. Looks at both short-term momentum and long-term fundamentals. Rare these days when everyone’s trying to make quick bucks.

What’s Cooking in the Market Right Now?

June 2025’s starting with this weird mix of hope and nervous energy. Nifty’s near all-time highs—which is great—but then you’ve got global stuff messing with our heads. Commodity prices doing the cha-cha, some geopolitical drama always lurking. Defense and metals sectors? Holding up surprisingly well. Auto components too, thanks to exports. And guess what? Dongre’s picks line up perfectly with these trends. Coincidence? I think not.

Dongre’s 3 Picks: The Good, The Solid, and The “Wait-And-See”

He’s gone for three completely different sectors—auto parts, defense, metals. Smart move. Doesn’t put all eggs in one basket. Here’s my take on each:

1. Bharat Forge: The High-Reward Play

What They Do: Big name in forging stuff—car parts, defense equipment, you name it. Revenue’s grown 18% year-on-year. Not too shabby.

Dongre Says: Buy. Target ₹1,450 (that’s 12% up from now). Why? They’ve bagged defense orders worth ₹3,200 crore. Plus, this whole EV wave? They’re making parts for that too.

But Here’s The Catch: P/E’s 28—a bit pricey compared to others. RSI at 58 shows decent momentum though. Just watch those raw material costs—they can mess things up fast.

2. Mazagon Dock: The Steady Eddie

What They Do: Government-owned shipbuilder. Basically builds stuff for our navy. Order book’s packed—₹10,000 crore worth.

Dongre Says: Another buy. Target ₹2,100 (15% upside). New submarine contracts coming, budget money flowing in—all good signs.

Reality Check: No debt. Like, zero. ROE’s 22% which is sweet. But government projects? They move at their own… leisurely pace. Delays could happen.

3. NALCO: The Wild Card

What They Do: India’s aluminum king. Global prices are up, our infrastructure’s booming—good times.

Dongre Says: Hold. Target ₹120. Aluminum’s doing well, but energy costs are unpredictable. Plus, China’s always dumping cheap exports.

Honest Opinion: 3.5% dividend yield is nice if you’re conservative. But that ₹115 level? Stock’s been hitting its head there repeatedly.

How These Three Stack Up

Bharat Forge is your high-growth-but-expensive option. Mazagon Dock? Safer, government-backed. NALCO’s more of a cyclical play. Mixing them could actually balance your risk. Who knew?

So What Should You Actually Do?

If you’re a trader: Bharat Forge could give you quick gains. But set a stop-loss—maybe 5% below your buy price.
Long-term investor? Mazagon Dock fits better. Sleep-well-at-night kind of stock.
NALCO? Only if you’ve got patience and can handle some drama.

Final Thoughts

Look, Dongre knows his stuff. Bharat Forge and Mazagon Dock look solid. NALCO? Meh. But markets have moods—what works today might not tomorrow. Stay sharp, keep learning, and maybe don’t bet your entire savings on this.