Buy, Sell Or Hold: TCS, BEL, Mahindra Lifespaces, IDBI Bank— Ask Profit
Experts analysed TCS, BEL, Mahindra Lifespaces, and IDBI Bank shares on NDTV Profit’s Ask Profit show, providing insights on whether investors should buy, sell, or hold these stocks.
Should you buy the shares of Varun Beverages Ltd. at the current market price? Is Waaree Renewable Technologies Ltd. and Tata Consultancy Services Ltd. a good choice from a long-term perspective? Should you keep holding shares of Bharat Electronics Ltd.? Is it the right time to exit IDBI Bank Ltd.?
Aditya Arora, founder and Multi Asset Research Analyst at Adlytick.in and Prashanth Tapse, senior VP research analyst at Mehta Equities, answered these investor queries and more on NDTV Profit's Ask Profit show.
Varun Beverages (CMP: Rs 475.90)
Tapse: Hold
Do not buy at this level due to the valuations.
Hold the stock for sometime.
Anywhere between 350-380 levels, can be good valuations to buy the stock.
Waaree Renewable Technologies (CMP: Rs 868.75)
Tapse: Hold.
Hold on to the stock and can add more only for a long term investment.
For short term, there can be alot of pain still because of selling pressure.
One should wait and watch for better levels to buy for short term perspective.
BEL (CMP: Rs 253.40)
Arora: Buy.
The stock had a positive day at the stock market today.
I maintain bullish outlook for the stock.
Until and unless 240 is protected, which could be the stoploss. One should maintain bullish outlook.
The levels on the upside are 265-280.
TCS (CMP: Rs 3,781.35)
Tapse: Buy.
The stock is at an attractive price right now, as per the valuation.
TCS is a perfect stock for long term investment outlook.
Good level to buy would be around 3,500.
Healthcare Global (CMP: Rs 481.80)
Arora: Buy.
The stock had a positive day at the stock market today.
I maintain bullish outlook for the stock.
Until and unless 240 is protected, which could be the stoploss. One should maintain bullish outlook.
The levels on the upside are 265-280.
Mahindra Lifespaces Developers (CMP: Rs 352.60)
Tapse: Hold.
With respect to valuations and earnings this stock is at an expensive levels right now.
Short term will see a lot of pain.
Hold on the stock for now.
With a two year view, the stock can deliver a healthy returns.
IDBI Bank (CMP: Rs 73.16)
Tapse: Sell.
The stock has been underperforming for sometime.
Still negative on a smaller bank like IDBI Bank.
I would advise not to buy at this point.
Sell on rise for the stock.
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.
