Should you buy shares of IndusInd Bank Ltd. at the current market price? Is Indian Hotels Co. a good choice from a long-term perspective? Should you keep holding shares of Kalyan Jewellers India Ltd.?
Avinash Gorakshakar, head of research at Profitmart Securities, and Vikas Jain, head of research at Reliance Securities, answered these investor queries and more on NDTV Profit's Ask Profit show.
IndusInd Bank (CMP: Rs 655.95)
Avinash: Hold
The bank's management has clarified on all business channels that the company can recover and come back stronger in fiscal year 2026.
The impact, which is around 2.35% of the net worth, will not affect the lender's growth in the medium to long term.
Despite the significant downturn, a recovery is expected.
In the next few quarters, the market will closely observe the precautions taken by the bank.
Being a large bank, it is not the end of the road. The bank has a robust balance sheet and franchise.
Can hold on to the stock as further rundown is unlikely for the stock.
GRSE (CMP: Rs 1314.10)
Fundamentally, Garden Reach Shipbuilders & Engineers Ltd. maintains a strong order book, ensuring visibility for the next two to three years.
New orders, including overseas orders, are being received.
Investors should be patient, as earnings momentum will take time to gather pace. A longer investment period is recommended for better risk-reward.
In the short term, the stock is expected to trade sideways.
Zydus Lifesciences (CMP: Rs 899.90)
Vikas: Remains positive on the stock
The sell-off in the pharma sector has been influenced by news regarding tariffs.
The sector has been overrated and oversold. A bounce back is possible.
Expects the stock to rise to Rs 980 levels in the next four to five weeks, as it is holding at its 100-week support line and has formed a double bottom.
Indian Hotels (CMP: 748.30)
Avinash: Opt for an SIP
The government has significantly boosted religious tourism, and the hotel industry is likely to grow in fiscal 2026.
The December quarter has been favourable for this sector, including this hotel.
Investors with a two-year plan can gradually accumulate the stock.
Given the market volatility, investors can opt for an SIP and have an investment timeframe of two to three years.
Kalyan Jewellers (CMP: Rs 422.70)
Vikas: Wait for price correction
Since January, the stock's unwinding positioning has been quite sharp.
The stock experienced a decline from the highs of Rs 720–730 and is currently at its 100-day support level.
While the price correction might be over, it is advisable to wait a bit longer for the time correction to settle.
Additionally, it is wise to wait for the quarterly results before making any decisions.
SJVN (CMP: Rs 86.18)
Avinash: Hold
The sell-off in SJVN stock has been driven by foreign portfolio investors.
It is advisable to hold onto the stock for a couple of years rather than booking a loss as the business has strong growth potential.
The government is also focused on promoting green energy.
If investors can commit to a longer investment period and average their holdings, they can expect a favourable risk-reward ratio.
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