Buy, Sell Or Hold: Tata Motors, M&M, NBCC, IREDA, PC Jeweller, RIL— Ask Profit

Should you buy shares of NBCC Ltd. and Mahindra & Mahindra Ltd. at the current price? Are Enviro Infra Engineers Ltd. and Jio Financial Services Ltd. good choices from a long-term perspective? Should you keep holding Tata Motors Ltd. and Zee Entertainment Ltd.? Is it the right time to exit IREDA Ltd. and PC Jeweller Ltd. to book profit? What is the medium-term outlook for Asian Paints Ltd.?

Mahesh M. Ojha, AVP of research and business development at Hensex Securities, and Ravi Singh, SVP of Retail Research at Religare Broking, answered these investor queries and more on NDTV Profit's Ask Profit show.

Mahesh: Hold.

• The share is fundamentally good, but the numbers are not positive.

• The downside in shares is due to lower sale numbers.

• The stock will see lower consolidation for a little while from Rs 750 to Rs 780 then Rs 785.

• However, in 3-6 months it will rise to Rs 850 levels.

• If you can hold it over a year, then it can touch Rs 952-1,000 level.

Mahesh: Buy during correction.

• The auto company is doing extremely good, sales number have also been good.

• The recent launches by the company have also been attractive and seen good response.

• If one wants to add then they should buy when the stock is in correction zone.

• Can expect the stock to reach Rs 3,800 levels in one year.

Ravi: Hold, wait to accumulate.

• The shorter period technical setup is suggesting a downward trend.

• It will take time to gain and will require over three months.

• With a longer time frame, it will touch Rs 1,400 levels.

• If one wants to exit, then can do at Rs 1,240 levels.

Ravi: Sell.

• On the chart, the stock is looking weak.

• Both the one week and one month chart it down.

• It will see short bounce back and once can exit at Rs 145 levels.

Mahesh: Hold.

• Down due to corporate governance issue.

• It is slowly resolving and will take 2-3 months more to resolve.

• If it stabilise at Rs 142 levels, then it may rise to Rs 165 levels.

• It is in mid zone currently and once can't decide exit point.

• Would suggest wait and watch strategy.

• Suggest holding for 3-6 months, it may see some upside.

Mahesh: Hold.

• There is a downtrend but right now it is having attractive levels.

• The stock will see a Rs 2,750 level bounce back.

• There will be some pain for shorter period.

• Would suggest holding for long term and see some recovery.

Ravi: Hold medium to long term.

• The stock is down due to new competition.

• The shares will see some upside in counter.

• Once it's settled down then it will see upward trend.

• After lower consolidation see upward trend to Rs 2,750 to Rs 2,800 levels in 6-9 month.

Ravi: Hold and add.

• Currently trading around 100 and this is attractive level.

• Can add more quantity as on longer term it will rise to Rs 150 to Rs 180 levels till April end or may.

Mahesh: Buy.

• One can add at Rs 90 to Rs 94 levels.

• Order book is also very good, and it is currently increasing.

Ravi: Hold and add.

• Looks very attractive and one can add as it has potential to achieve Rs 480 levels in one year.

• The chart is consolidating at Rs 325 to Rs 300 level.

• This is the opportunity to add.

Mahesh: Hold.

• The stock has potential to touch Rs 600 plus levels in 2-3 years.

• The company is currently repairing many things.

• However, it will take 1-2 quarter to go up.

Ravi: Hold six to nice months.

• Hold the stock as it will take 6-8 month to recover to Rs 260 levels.

Mahesh: Hold.

• Stock is only for long term.

• The management has already informed about projects for the next five years.

• The share may also see budget benefits.

Mahesh: Sell.

• The shares fell due to corporate issue and but now it is rising as it is completing settlement with banks.

• Would suggest one to book profit and exit at higher level.

Ravi: Sell.

• The share is not for long term as it will see high volatility.

Mahesh: Sell.

• The shares have given return in shorter time period because of factors like election.

• If one wants to hold then would suggest exit at Rs 1,350-1,380 levels.

• But notto exit on current levels.

Mahesh: Hold but watch earnings.

• The company is good, but it was recently listed and most recently listed IPO shares are doing well.

• It has already run up so for shorter time keep stop loss at Rs 314.

• Technically after 1-2 quarter a forward-looking approach or opinion can be given.

• Suggests hold for now.

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.