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.
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.
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.
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.
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%.
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.
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.
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