Buy, Sell Or Hold: Cyient, Adani Green, Titagarh Rail, Tata Motors, JSW Energy — Ask Profit

Analysts also shared insights on the share prices of Graphite India and Ola Electric Mobility.

Analysts shared insights on the share prices of Cyient, Adani Green Energy, Titagarh Rail Systems, Tata Motors, JSW Energy, Graphite India, Ola Electric Mobility (Photo: Envato)

Should you buy shares of Cyient Ltd. and Ola Electric Mobility Ltd. at the current market price? Is Graphite India Ltd. a good choice from a long-term perspective? Should you keep holding shares of Tata Motors Ltd. and JSW Energy Ltd.?

G Chokkalingam, founder at Equinomics Research, and Vikas Jain, analyst at Equirus Capital, answered these investor queries and more on NDTV Profit's Ask Profit show.

Cyient (CMP: Rs 1,275.15)

Jain: Buy

  • Stock is witnessing price and volume action from the lower part of the range.

  • Potential high targets for the stock include Rs 1,430 and Rs 1,600.

Chokkalingam: Buy

  • The stock's current valuation is very appealing.

  • The company is set for success in the semiconductor space, with its strong balance sheet.

Also Read: Cyient Appoints HCLTech Veteran Sukamal Banerjee As Chief Executive Officer

Adani Green Energy (CMP: Rs 845.95)

Jain: Buy

  • The stock's target on the higher side would be Rs 1,020.

  • The stock to see a fair amount of action.

Chokkalingam: Buy

  • Share price looks attractive in terms of long-term investment after a steep correction recently.

Also Read: Adani Green Energy Wins 1,250-MW Hydro-Storage Project From UP Power Corp

Titagarh Rail Systems (CMP: Rs 720.55)

Chokkalingam: Hold

  • Negative on the stock in the short term due to the negligible increase in railway outlay in the budget 2025.

  • Hold at current price for stock to hit Rs 1,000 in three to five years.

Also Read: Titagarh Rail's Target Price Cut On Execution Delay, Weak Order Inflow

Tata Motors (CMP: Rs 639.65)

Jain: Buy

  • Current levels are a good entry point.

Chokkalingam: Hold

  • Stock is underperforming severely as compared to competitors like Mahindra & Mahindra.

  • Unsure if stock will recover on a short to medium basis.

Also Read: Tata Motors Begins First Hydrogen Truck Trials In Breakaway From Diesel

JSW Energy (CMP: Rs 499.60)

Jain: Buy

  • Stock is witnessing strong upmove, expected to grow to Rs 620 over the next six to nine months.

Chokkalingam: Hold

  • Valuation seems stretched in terms of long term movement.

  • Consider buying if the stocks dips 10% to 15%.

Also Read: JSW Energy Raises Rs 1,200 Crore Via Non-Convertible Debentures

Graphite India (CMP: Rs 410.90)

Chokkalingam: Hold

  • Possibility of price recovery in the next one or two quarters.

  • Consider holding in a medium to long term perspective.

Also Read: Trade Setup For March 7: Nifty's Immediate Support To Be 22,240

Ola Electric Mobility (CMP: Rs 56.37)

Jain: Sell

  • Stock has been making 52-week lows, and it is advisable to avoid at current levels.

Chokkalingam: Sell

  • The EV two wheeler space is extremely competitive.

  • Consider exiting in case of a 10% to 15% recovery.

Also Read: Ola Electric Misses Deadline To Start Cell Manufacturing At Gigafactory

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WRITTEN BY
Divya Prata
Divya Prata is a desk writer at NDTV Profit, covering business and market n... more
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