Should you buy shares of Coal India Ltd. and Rail Vikas Nigam Ltd. at the current price? Are Titan Company Ltd. and KPI Green Ltd. good choices from a long-term perspective? Should you keep holding Vodafone Ltd., and Indian Railway Catering and Tourism Corporation Ltd.? Is it the right time to exit Raymond Ltd. and Godfrey Phillips India Ltd. to book profit?
Vikas Jain, head of research at Reliance Securities and analyst Rakesh Singhal, answered these investor queries and more on NDTV Profit's Ask Profit show.
Coal India (Current Market Price: Rs 410.65)
Jain: Buy.
The stock continues to be the pioneer in the coal business segment.
The recent price selection offers great opportunities.
It continues to be a 'buy' at current levels.
RVNL (CMP: Rs 466)
Jain: Hold, accumulate at current prices.
The railway infrastructure project segment continues to be pretty solid.
The revenue share of RVNL remains pretty upbeat.
We can continue to add-on current levels.
Titan (CMP: Rs 3,509.05)
Singhal: Hold.
On the chart, the stock is looking pretty good.
The stock may see a resistance at 3,520 levels.
The stop loss for the stock is seen at 3380 levels.
KPI Green (CMP: Rs 792.90)
Jain: Hold.
The company's profitability has not been that great, compared to the last two quarters.
The stock has seen some sort of corrective action and in-terms of valuation wise it appears to be pretty high compared to its peers.
Wait for some clarity, and then look into the stock.
NCC (CMP: Rs 302.70)
Jain: Hold.
The company's order book is pretty strong.
The stock has been down by 15-17% from its purchase price.
Continue to hold on for a long term perspective.
IRCTC (CMP: Rs 835.15)
Singhal: Hold.
The stock will see a major resistance at 860 levels, and once its crossed that level, we might see 885 levels in the next couple of months.
For a short term perspective, 810 should be a stop loss.
Vodafone Idea (CMP: Rs 7.99)
Singhal: Buy, right time to add.
The stock us looking really weak on the technical chart.
But, still it is the right time to buy the stock.
One can also add more.
For a one-two year perspective the stock can tough Rs 17.
Kaynes Technologies (CMP: Rs 6,752.70)
Jain: Hold, wait to accumulate.
The stock's growth continues to remain pretty promising.
I would suggest a hold on the stock.
Its better to wait to accumulate this stock for the current price.
Raymond (CMP: Rs 1,819.45)
Jain: Hold.
The company has recently seen a transition phase.
The stock continues to remain upbeat.
The current demerger would improve the lifestyle brand business.
Continue to being invested in the current levels.
Trident (CMP: Rs 36.63)
Singhal: Hold for 1 year.
The purchase price for the stock is very high and it is trying to recover recently made low.
For the near term, Rs 40 is seen as real resistance.
Hold the stock for at least one year.
Godfrey Phillips (CMP: Rs 6,055.85)
Jain: Sell.
It is better to switch the stock to ITC Ltd., in terms of growth.
I would suggest to avoid the stock.
Watch Full Episode Here:
Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.
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