Force Motors Ltd., Grindwell Nortan Ltd. and Time Technoplast Ltd. are three midcap stocks with 'buy' recommendations on Thursday.
Independent market expert Shahina Mukadam and Kush Bohra, founder at Kushbohra.Com, shared their insights with NDTV Profit.
Mukadam sees Grindwell Nortan as a pick for long term investment, and suggests to hold the stock. "The balance sheet is very strong, so if we have a 10 year horizon, I would suggest a 'hold'. The chart shows that, there is going to be a bounce as well," she said.
Kush Bohra's top pick is Force Motors. He suggests a hold on the stock and advises to book some profit as well. The stoploss is at the Rs 14,600-mark. If the stock slips below that then he advises to offload some more. "It is not a bad idea to take some money off the table, as the stock had a stellar run," he said.
"My suggestion is to hold the stock and not exit it completely. Book partially around 25-30%, but hold on to the rest," said Bohra.
Time Technoplast is another pick by Bohra in the midcap segment. "Its been a multi-bagger and now it is consolidating. I would suggest to stay invested in the stock. Above the level of Rs 455 level, the stock could get a new round or new move of upmove.
"On upside, look for target of Rs 485 and the second target of Rs 525 as well," said Bohra.
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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