Buy, Sell Or Hold: Tata Elxsi, Hero MotoCorp, GE Vernova, DLF, Motilal Oswal — Ask Profit

Analysts also shared insights for short-term and long-term investors on the share prices of JK Tyre & Industries and SJVN.

Analysts also shared insights on the share prices of Tata Elxsi, Hero MotoCorp, GE Vernova T&D India, DLF, Motilal Oswal, JK Tyre & Industries, SJVN (Buy, sell. Image: starline/Freepik)

Should you buy shares of DLF Ltd. at the current market price? Have you lost the opportunity to buy stocks of Hero MotoCorp.? Is Tata Elxsi Ltd. a good choice from a long-term perspective? Should you sell shares of GE Vernova T&D India Ltd. at the current market price?

Dinesh Saney, senior research analyst at Invest4edu, and Sundar Kewat, technical and derivatives analyst at Ashika Institutional Equity, answered these investor queries and provided more insights on NDTV Profit's Ask Profit show.

Tata Elxsi (CMP: Rs 5,214.6)

Saney: Hold

  • Currently, there are challenges in the IT sector.

  • There could be challenges in the next two–three months.

  • Hold for now.

  • Sell it only after.

Also Read: Powering India's Defence: Tata Elxsi, Garuda Aerospace To Establish CoE In Indigenised UAV Push

Hero MotoCorp (CMP: Rs 3,722.95)

Saney: Hold

  • Top-level exits are one of the concerns.

  • Hold the stock for now.

  • Accumulate only after quarter four.

Also Read: Hero MotoCorp Diversifies Into Electric Three-Wheelers With Euler Investment

GE Vernova (CMP: Rs 1,558.75)

Kewat: Hold

  • As of now, the stock trend is negative due to its averages.

  • Suggests a stop loss around Rs 1,280 on daily-close basis as this stock is highly volatile.

  • Apart from that, the indicators are also not that aggressive to go long as of now.

DLF (CMP: Rs 680.50)

Saney: Buy

  • They have given very strong guidance for the next five years.

  • Their outlook is very strong.

  • It is a good stock to buy at this time.

Also Read: DLF, Prestige Estates, Havells, Voltas Among UBS' Picks As Housing Cycle To Drive Demand

Motilal Oswal (CMP: Rs 615.35)

Kewat: Hold

  • The stock has corrected itself from Rs 1,000-odd levels.

  • Hold the stock, and add more after Rs 690 levels.

  • But, if the stock goes below the level of Rs 555, it is better to exit.

JK Tyre (CMP: Rs 277.45)

Kewat: Hold

  • Currently, the stock has picked up some momentum.

  • Hold for now.

  • I would suggest not to go aggressively long on the stock.

  • It is best to place a stoploss at Rs 245

SJVN (CMP: Rs 91.59)

Kewat: Exit

  • Every rise is an exit for the stock.

  • Currently, the support for the stock is at Rs 87–86.

  • As of now, the trend remains negative for the stock.

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.

Also Read: SJVN Inks Pact With Chhattisgarh Government For Rs 9,500-Crore Hydroelectric Project

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WRITTEN BY
Shreya Sur
Shreya covers trending stories, business news and political news at NDTV Pr... more
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