Buy, Sell Or Hold: RIL, Bajaj Finance, Kalyan Jewellers, NHPC, Zydus Lifesciences — Ask Profit

Analysts also shared insights on the share price of KPIT Technologies and Samvardhana Motherson, among other stocks.

Analysts also shared insights on the share price of KPIT Technologies and Samvardhana Motherson, among other stocks. (Photo: Copilot)

Should you add shares of Reliance Industries Ltd.? Should you hold shares of Bajaj Finance Ltd. at the current market price? Have you lost the chance to buy Kalyan Jewellers Ltd. stock at an attractive price?

Saurabh Jain, equity head, research at SMC Global Securities, and Aditya Agarwala, head of research at Invest4edu provided insights on these investor queries and more on NDTV Profit's Ask Profit show.

KPIT Technologies (CMP: Rs 1,172.60)

Agarwala: Hold

  • Continue to hold on to the stock.

  • Worst is over for IT sector.

  • Support zone is around Rs 1,140 level, which is also a good stoploss.

  • The stock can test levels of Rs 1,350-Rs 1,400 on the upside.

NHPC (CMP: Rs 82.80)

Jain: Hold

  • Quite positive on utility sector.

  • The stock has not performed due to lower electricity demand.

  • Many of the firm's projects will be operational in coming quarters.

  • Hold for one year.

Zydus Lifesciences (CMP: Rs 895.05)

Jain: Buy

  • It is recommended to buy as there is expectation of good growth on operational performance side.

Kalyan Jewellers (CMP: Rs 501.40)

Jain: Avoid

  • Difficult to take a call since gold prices are on the rise.

  • Maybe these jewellers may see moderation in business growth.

  • Jewellery stocks have come down from their peaks.

  • Best to avoid.

Also Read: Gold, Silver Rates On Jan 12— Check Prices In Mumbai, Delhi, Chennai, And Other Cities

Transformers And Rectifiers (India) (CMP: Rs 267.50 )

Agarwala: Sell

  • Charts are a bit weak.

  • No point in holding on to the stock.

  • Look to exit.

  • If you wish to continue to hold, put stop-loss at Rs 230.

Samvardhana Motherson (CMP: Rs 115.24 )

Jain: Hold

  • Hold for long term.

  • Positive on automotive components industry.

Reliance Industries (CMP: Rs 1,483.20)

Jain: Buy

  • Always buy in a staggered manner.

Also Read: Reliance Halts Cell-Making Plans After Failed Bid For China Tech

Bajaj Finance (CMP: Rs 951.90)

Agarwala: Buy

  • Can make a fresh entry in a staggered manner

  • Enter with a long-term time frame.

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.

Also Read: Stock Market Today: Nifty, Sensex Snap Five-Day Slump As India-US Trade Deal Hopes Ignite Rebound

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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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