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Buy, Sell Or Hold: Trent, Kaynes Tech, M&M, CDSL, Tejas Networks, Tata Motors — Ask Profit

Analysts also shared insights on the share prices of Varun Beverages and NTPC.

<div class="paragraphs"><p>Analysts also shared insights on the share prices of Trent, Kaynes Technology India,&nbsp;Mahindra &amp; Mahindra (M&amp;M),&nbsp;Central Depository Services India (CDSL), Tejas Networks,&nbsp;Tata Motors, Varun Beverages, NTPC (Photo: Freepik) </p></div>
Analysts also shared insights on the share prices of Trent, Kaynes Technology India, Mahindra & Mahindra (M&M), Central Depository Services India (CDSL), Tejas Networks, Tata Motors, Varun Beverages, NTPC (Photo: Freepik)

Should you buy shares of Trent Ltd. at the current market price? Have you lost the opportunity to buy Central Depository Services India Ltd.'s shares? Is Varun Beverages Ltd. a good choice from a long-term perspective? Tata Motors Ltd. or Mahindra & Mahindra Ltd.— which is the best auto stock to invest in?

Mahesh Ojha, research analyst at Hensex Securities, and Vikas Jain, head of research at Reliance Securities, answered these investor queries and more on NDTV Profit's Ask Profit show.

Trent (CMP: Rs 5,054.70)

Ojha: Hold

  • Hold the stock for now.

  • We can see some more upside.

  • In the one-year horizon, we can see Rs 6,000 to Rs 6,400 levels.

  • If you want to buy further, add more when the stock is at dips around Rs 4,000.

Kaynes Technology India (CMP: Rs 5,036.40)

Jain: Hold

  • Hold the stock for sometime.

  • The stock can see some minor correction.

  • Rs 4,900 odd is the right time to enter the stock.

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Mahindra & Mahindra (CMP: Rs 2,774.70)

Ojha: Buy

  • This is another favourable stock in the auto sector and the large cap space.

  • The company's results in the last few quarters are really fantastic.

  • The price is expensive, but still a good stock to buy.

CDSL (CMP: Rs 1,235.55)

Jain: Buy

  • Wait for some more corrective action, before buying shares.

  • Can buy shares in two parts — one in current levels and another part near Rs 1,150–1,180-odd numbers.

  • On the higher side, the stock can test Rs 1,450 to Rs 1,500 in the next three–five months.

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Tejas Networks (CMP: Rs 822.85)

Ojha: Hold

  • Hold the stock for sometime.

  • Some more upmove likely in the stock.

  • Can expect upside in the stock up to Rs 1,200 from one-year horizon.

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Tata Motors (CMP: Rs 713.50)

Jain: Buy

  • The stock has announced a demerger plan, which is slated for October 2025.

  • The demerger value will add some kind of value to the commercial vehicle part of the business.

  • The stock has seen a strong amount of corrective action and now is recouping from the lower part of the range.

Ojha: Buy

  • This is a favourable stock in the auto sector.

  • The price is very reasonable.

  • Best time to buy the stock.

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Varun Beverages (CMP: Rs 531.10)

Ojha: Hold

  • Hold the stock for some time.

  • Stock can move well in the upcoming time as well.

  • If your horizon is more than one year, then you can hold the stock.

  • If you want to add in a lower level, Rs 510 or Rs 480 zone could be a perfect level to add more.

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NTPC (CMP: Rs 366.95)

Jain: Buy

  • Continue to hold the stock for now.

  • The stock would move higher further.

  • The stock has witnessed a good amount of small breakout from its 100-day average.

  • Minor reaction or pullback could come by 3–4%.

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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