Buy, Sell Or Hold: Bajaj Finance, Cochin Shipyard, RIL, PVR Inox, Natco Pharma — Ask Profit
Analysts also shared insights on share prices of Motilal Oswal, Kalyan Jewellers and Suzlon Energy.
Should you buy shares of Suzlon Energy Ltd. at the current market price? Have you lost the opportunity to buy stocks of Reliance Industries Ltd.? Is PVR Inox a good choice from a long-term perspective? Should you sell shares of Kalyan Jewellers India Ltd. at the current market price?
Avinash Gorakshakar, director of research at ProfitMart Securities, and Sundar Kewat, technical and derivatives analyst for Ashika Securities, provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Mahesh Ojha, assistant vice president of research at Hensex Securities, and Gaurav Sharma, head of equity research at Globe Capital, also answered queries for the show from a fundamental and technical perspective respectively.
Bajaj Finance (CMP: Rs 8,940)
Ojha: Hold From Long Term
Could book 50% profit and hold from a longer term perspective.
Not seeing much more upside but Rs 9,700–Rs 9,800 could be a level where the stock could be kept.
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Cochin Shipyard (CMP: Rs 1,544)
Sharma: Hold
Better to hold.
Things are favourable, it's a good stock.
Ongoing war-type situation is a "blessing in disguise" for the defence sector.
Major supplier to the Indian Navy.
Hold for one and a half years.
Reliance Industries (CMP: Rs 1,430)
Ojha: Hold For Long Term
All sectors are giving participation in the stock.
Stock is performing good.
Can't deny some consolidation from Rs 1,360–1,420 levels on shorter term.
Sharma: Hold
Trading in overbought territory.
A stock can trade higher in this territory as well.
Should not be the sole indicator for booking profits.
Stock achieved short-term targets.
Better to consider and take profits off the table.
Hold the remaining for the next targets close to Rs 1,500–1,550-odd levels.
Hold for six months.
PVR Inox (CMP: Rs 950.1)
Gorakshakar: Hold
No doubt that the company's business model is robust.
Largest multiplex player in the country.
Offered good quality and ambience to the viewers.
Good recovery in the business after recovery.
Opportunity very huge for the long term.
Hold a two year view for a decent risk reward.
Natco Pharma (CMP: Rs 855.95)
Gorakshakar: Hold
Need to see numbers getting reflected for the molecule they will be introducing in the US markets.
Fresh buying advisable only when investors get fourth-quarter numbers.
Trump tariffs will also affect pharmaceutical numbers.
Motilal Oswal Financial Services (CMP: Rs 696.3)
Gorakshakar: Hold
Broking companies reported poor numbers due to average daily volume issues.
Next two to three quarters to be good for capital markets.
Hold for 12–15 months.
Can still make money if he holds on.
Kewat: Buy On Rise
Stock has given a sign of trend reversal.
Stock looks positive on the charts.
Important short term and mid-term 20 and 50 moving averages positive.
As does the relative strength index.
Add when stock reaches about Rs 780.
Kalyan Jewellers (CMP: Rs 530.8)
Kewat: Hold
Recommend a hold.
If it breaks out above Rs 550 in the weekly timeframe, stock looks positive.
And in such a case, a near-term target would be Rs 750.
Stock is trying to close above the 20-week moving average, which is positive for the stock.
Gorakshakar: Don't Buy
First quarter of gold jewellery companies is going to be negative.
Gold prices increasing makes it difficult to expect customers to buy.
In the near term, gold jewellery companies are not going to have a good time.
But gold finance companies like Mannapuram and Muthoot will do well.
Better to stay away from gold jewellery companies.
Suzlon Energy (CMP: Rs 56.92)
Kewat: Not Positive On Buying
Stock has entered a tight range of Rs 57–49-odd levels.
If the stock closes above Rs 62 levels, then only can they dash up to Rs 75 levels.
If not, the money would be stuck into the frame.
Not positive on this level.
Gorakshakar: Hold
Already enjoys a record order book, so doesn't have a dearth of business.
Capital structure of the business is extremely disproportional.
Equity capital is large, having many investors and traders stuck at high levels.
Holding on for two years may give the investor a decent risk-reward.
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.
