Buy, Sell Or Hold: Godrej Properties, HAL, KFin Tech, Mahindra Lifespace, Nesco — Ask Profit

Should you buy shares of Bajaj Housing Finance Ltd. and Tata Technologies Ltd. at the current market price? Is Godrej Properties Ltd. a good choice from a long-term perspective? Should you keep holding shares of Hindustan Aeronautics Ltd. and Mahindra Lifespace Developers Ltd.?

Gaurav Sharma, head of technical and derivatives research at Globe Capital Market, and Prashanth Tapse, senior vice president of research at Mehta Equities, answered these investor queries and more on NDTV Profit's Ask Profit show.

Godrej Properties (CMP: Rs 2,008.35)

Tapse: Hold

• Fundamentals stand strong with respect to long-term growth story.

• Downside is very limited at the current point of time.

• Add more shares after a little more sell-off.

HAL (CMP: Rs 3,452.05)

Sharma: Hold

• Sees stock heading towards the Rs 4,000 level.

Tapse: Hold

• Preferred stock in the defence space due to strong order book and visibility.

• Share price may hit the Rs 5,000 level in the near future.

Kfin Technologies (CMP: Rs 929.55)

Sharma: Hold

• Recovery from current levels is very likely.

• See stock heading towards the Rs 1,250 level in the next six months.

Nesco (CMP: Rs 919.70)

Sharma: Hold

• Recovery can be seen in the immediate near term till Rs 960 to Rs 1,000.

Tapse: Buy

• Comfortable with both the price-to-book ratio and return ratios of the company.

• Advisable to add shares at current levels.

Tata Technologies (CMP: Rs 671.55)

Sharma: Sell

• Stock is trading at very unattractive levels with no respite or consolidation.

• Advisable to avoid investing in the stock.

Tapse: Sell

• Company's valuations and return ratios are unattractive at current levels.

• If not already acquired, avoid accumulating.

Mahindra Lifespace (CMP: Rs 343.55)

Sharma: Hold

• Stock is trading very close to crucial support levels.

• May consider buying shares at a stop loss of Rs 295 level.

Bajaj Housing (CMP: Rs 116.38)

Sharma: Buy

• Stock is at an attractive level.

• Witnessing consolidation at lower levels, which is a good indication.

• Accumulate stock once it crosses the Rs 120 as it will then stand a good chance of hitting Rs 135 soon.

Tapse: Buy

• Stock has high growth potential.