Buy, Sell Or Hold: Tata Elxsi, Sagility India, ABB, Bandhan Bank — Ask Profit

Market analysts also shared insights for short-term and long-term investors on whether to buy, sell or hold the stocks of Yatharth Hospital, Anant Raj and SG Mart, among others.

Lancelot D Cunha of ValueX Wealth Connect and Amit Goel of Amit Ventures answered an array of investor queries on NDTV Profit's Ask Profit show. (Photo source: Freepik)

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.

Also Read: ABB India Q4 Results: Profit Up 56%, Revenue Rises 22%

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.

Also Read: Small FMCG Players Sprint Ahead As Giants Grapple With Urban Slowdown

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.

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WRITTEN BY
Shreya Sur
Shreya covers trending stories, business news and political news at NDTV Pr... more
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