Should you buy the shares of Tata Elxsi Ltd. at the current market price? Is Sagility India Ltd. and ABB India Ltd. a good choice from a long-term perspective? Should you keep holding shares of Bandhan Bank Ltd. and Anant Raj Ltd.? Is it the right time to exit Yatharth Hospital & Trauma Care Services Ltd. and book profit?
Lancelot D Cunha, chief investment officer at ValueX Wealth Connect and Amit Goel, founder of Amit Ventures, answered these investor queries and more on NDTV Profit's Ask Profit show.
Tata Elxsi (CMP: Rs 6,097.45)
Goel: Hold
The primary trend of the stock is upwards.
If bought at lower levels, one could make profit as a long-term investor.
If you have entered at around the current range, then hold with technical stop of Rs 5,500 levels.
ABB India (CMP: Rs 5142.05)
Cunha: Buy
The longer term growth for the stock is "very strong".
Would suggest to buy some quantity at this level.
Bandhan Bank (CMP: Rs 130.31)
Goel: Exit
The stock is technically weak.
Move out of and look for other stocks in the banking sector.
SG Mart (CMP: Rs 294.70)
Cunha: Exit
With slowdown in urban consumption, its basically rural segment supporting the retail segment.
Its better to pick the market leaders when the industry is in downturn.
Stay invested in the market leaders.
Goel: Exit
This is a weak stock and has hit an all-time low.
It does not show any sort of reversal in the making.
The share price might get cheaper as we go along.
If somebody has entered now, maybe Rs 276 level can be a technical stop loss for them.
Yatharth Hospital (CMP: Rs 377.90)
Cunha: Exit
Exit the stock.
Invest in hospitals that are following an asset-light model.
One can invest in stocks like Apollo Hospitals Enterprise and Narayana Hrudayalaya — only if the aim is to stay invested for a longer period.
Anant Raj (CMP: Rs 509.10)
Goel: Hold
Stay invested in the stock for now.
Keep a strict stoploss for the time being at Rs 475 level.
Sagility India (CMP: Rs 46.59)
Goel: Hold
The stock has been on a sideways trajectory from the beginning of this year.
I would suggest to hold the stock for now.
If it closes below Rs 44-42 levels, then one can take a technical stop and exit.
RECOMMENDED FOR YOU

Buy, Sell Or Hold: Lupin, Prestige Estates, Praj Industries, Afcons Infra, Nalco — Ask Profit


Buy, Sell Or Hold: Vedanta, Zee Entertainment, NMDC, Ireda, CDSL — Ask Profit


Buy, Sell Or Hold: Strides Pharma, Bank Of India, Saregama India, Gulf Oil — Ask Profit


Buy, Sell Or Hold: Thangamayil Jewellery, Chennai Petroleum, Gravita India, Castrol — Ask Profit
