Buy, Sell Or Hold: HAL, Bharti Airtel, SBI, BHEL, Zomato, Titan, Trent — Ask Profit

Market analysts also shared insights for short-term and long-term investors on whether to buy, sell or hold shares of ABB India and Dr Reddy's Laboratories.

Prashant Tapse, financial analyst at Mehta Equities and Kushal Gandhi, technical analyst at Stoxbox answered queries on several stocks on NDTV Profit's Ask Profit show. (Photo Source: Envato)

Should you buy shares of Hindustan Aeronautics Ltd. at the current market price? Is Bharat Heavy Electricals Ltd. a good choice from a long-term perspective? Should you keep holding Trent Ltd.? Is it the right time to exit State Bank Of India and book profit?

Prashant Tapse, financial analyst at Mehta Equities and Kushal Gandhi, technical analyst at Stoxbox answered these investor queries and more on NDTV Profit's Ask Profit show.

HAL (CMP: Rs 3,771.9)

Gandhi: Hold

  • Hold with a strict stoploss of Rs 3,500.

SBI (CMP: Rs 752.25)

Gandhi: Hold

  • Levels of Rs 730-Rs 725 acting as strong support zone.

  • Not expecting momentum in short term.

  • Hold with a stoploss near Rs 725.

Also Read: SBI Q3 Results: Net Profit Meets Estimates, Asset Quality Improves

Trent (CMP: Rs 5,277.1)

Tapse: Sell

  • Stock will decline more before it settles.

  • Valuations being stretched.

Gandhi: Sell

  • Steepest decline since March lows.

  • Stock may succumb to profit booking.

  • Sell at current market price.

ABB India (CMP: Rs 5,681.4)

Gandhi: Sell

  • Best to exit on some rise.

Bharti Airtel (CMP: 1,619.75)

Tapse: Hold

  • Positive opening expected on Friday, after robust third quarter results.

  • Expecting lots of changes in one to two years.

Also Read: Bharti Airtel Q3 Results: Profit Jumps Over Fourfold On Exceptional Gain

Dr Reddy's Laboratories (CMP: Rs 1,236.65)

Tapse: Hold

  • Stock is at good levels.

  • One should accumulate for more than five years.

Titan Co. (CMP: Rs 3,410)

Tapse: Sell

  • There are valuation concerns at this point of time.

  • Avoid or sell.

  • Only consider this stock for long-term investment.

BHEL (CMP: Rs 204.84)

Gandhi: Sell

  • Under profit-booking after substantial rise.

  • Distribution may turn into sustained selling pressure.

  • Book profits.

Zomato  (CMP: Rs 229.05)

Tapse: Sell

  • In the short-term, there will be lots of pain in this stock and sector.

  • Only risk-taking investors should consider buy on dips.

Gandhi: Sell

  • Have a negative view of stock at current market price.

  • Stock might see further decline.

  • Best to avoid or sell 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.

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WRITTEN BY
Prajwal Jayaraj
Prajwal Jayaraj covers business news for NDTV Profit. He holds a postgradua... more
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