Buy, Sell Or Hold: ONGC, Bank Of Baroda, KPIT Tech, Dabur — Ask Profit

Market analysts share insights for short-term and long-term investors on whether to buy, sell or hold shares of SJVN, SRF, Indraprastha Gas and more.

Experts answer investor queries on Dabur, SJVN, ONGC, Bank of Baroda and more on NDTV Profit's Ask Profit show. (Representative image. Source: Envato)

Should you buy shares of SJVN Ltd. at the current price? Is SRF Ltd. a good choice from a long-term perspective? Should you keep holding Oil and Natural Gas Corp., and is it the right time to exit KPIT Technologies Ltd. and book profit?

Manish Choudhary, head of research at Stoxbox and Ravi Singh, senior vice president for retail research at Religare Broking, answered these investor queries and more on NDTV Profit's Ask Profit show.

Dabur India Ltd. (CMP: Rs 521.15)

Choudhary: Hold for one year

  • Urban demand is saturating more, but rural recovery continues.

  • Welfare schemes may slowly increase consumption in rural space.

  • Hold the stock for at least one year.

SJVN (CMP: Rs 100.68)

Choudhary: Sell

  • Stock looks expensive on the valuation front compared to its historical averages.

  • Commissioning of power projects will take at least five to six years, so no immediate earnings surprises.

Also Read: SJVN, Bihar Government Partner For Rs 5,663-Crore Pumped Storage Project

KPIT Technologies (CMP: Rs 1,430.15)

Choudhary: Sell

  • Pain still visible in information technology sector earnings.

  • Recovery in sector still not visible.

  • Avoid IT, book profits and wait for a quarter to see an upturn.

GMR Airports Ltd. (CMP: Rs 76.08)

Choudhary: Avoid

  • Company still hasn't achieved profitability.

  • Better to avoid due to the debt it is accumulating each year.

  • Avoid until there is some clarity.

Indraprastha Gas Ltd. (CMP: Rs 419.50)

Singh: Buy

  • See a target of Rs 550 for the stock.

  • Buy with a stop loss of Rs 380.

Bank Of Baroda Ltd. (CMP: Rs 231.04)

Singh: Buy

  • Attractive at Rs 225-230 levels for a target of Rs 285.

  • Buy with a stop loss of Rs 280.

Also Read: Bank Of Baroda Q3 Updates: Domestic Deposits Climb 9.2% To Rs 11.6 Lakh Crore

SRF Ltd. (CMP: Rs 2,673.9)

Choudhary: Hold

  • Chemical prices are showing a trend of bottoming out.

  • Hold for two years.

ONGC (CMP: Rs 263.18)

Singh: Hold

  • Strong support at Rs 250 levels.

  • Technical parameters are supporting a 'buy' trend.

  • Hold for three months with a target of Rs 280.

  • For six months, the target will be at Rs 310 levels.

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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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