Buy, Sell Or Hold: Tech Mahindra, Indian Hotel, SAIL, Piramal Pharma — Ask Profit

Analysts also shared insights on whether to buy, sell or hold the stocks of Apollo Tyres and KPI Green Energy, among others.

Ensure Capital's Girish Sodani and Angel One's Rajesh Bhosale answered an array of investor queries on NDTV Profit's Ask Profit show. (Photo: NDTV Profit)

Should you buy shares of Tech Mahindra Ltd. at the current market price? Have you lost the opportunity to buy Apollo Tyres Ltd.'s shares? Is Steel Authority of India Ltd. a good choice from a long-term perspective? Piramal Pharma Ltd. or Laurus Lab Ltd.— which is the right pharmaceutical stock to invest in?

Girish Sodani, co-founder at Ensure Capital and Rajesh Bhosale, equity technical and derivative analyst at Angel One, answered these investor queries and more on NDTV Profit's Ask Profit show.

Piramal Pharma (CMP: Rs 226.72)

Sodani: Buy

  • The stock is a safe bet in the pharmaceutical sector.

  • Currently, it has a good upside for the next three-four quarter timeframe.

  • Good time to invest in the company.

Indian Hotels (CMP: Rs 828.55)

Bhosale: Hold

  • The stock is headed towards Rs 1,000-Rs 1,050 levels, making it recommendable to hold for the long-term.

  • From a short-term perspective, its the best time to book profit.

Ashiana Housing (CMP: Rs 300.35)

Sodani: Buy

  • This is a good stock to buy at the current levels.

Laurus Lab (CMP: Rs 615.15)

Bhosale: Buy

  • This is another pharmaceutical stock that is doing well.

  • Expecting Rs 850 to Rs 900 levels in the near term.

  • Right time to buy the stock.

KPI Green (CMP: Rs 425)

Bhosale: Hold

  • Hold the stock for short period.

  • From a short-term perspective, you need to keep a watch for two levels.

  • On the downside, Rs 400 could be stoploss.

  • If Rs 400 is breached, then the stock is poised for further downside.

  • On the upper side, Rs 455 to Rs 465 is the key resistance.

Tech Mahindra (CMP: Rs 1,455.5)

Sodani: Buy

  • A good pick in the technology sector.

  • Would suggest this stock from a long-term perspective.

  • The stock is placed under "very strong support level".

ITC (CMP: Rs 409.8)

Bhosale: Buy.

  • Bullish on this stock.

  • The stock has not fallen as much as the other FMCG stocks.

  • It is forming a good base around Rs 390-395.

  • The stock can be bought in a staggered manner as well.

Apollo Tyres (CMP: Rs 432.2)

Sodani: Buy

  • A good pick among tyre stocks.

  • Would suggest this stock from a long-term perspective.

  • We are seeing a good upside, that will last for the next one-and-a-half year.

SAIL (CMP: Rs 114.70)

Sodani: Hold

  • Hold your position as of now.

  • The steel and aluminum sector is in a turmoil due to import duties proposition.

  • We are bullish on the stock.

  • One must keep a long-term view of at least one or two years.

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.

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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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