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Buy, Sell Or Hold: Unimech, Inox India, Hindalco, BEL, Enviro Infra, Jindal Saw, Niva Bupa — Ask Profit

Analysts also offered insights on the share price of IDFC First Bank.

<div class="paragraphs"><p>Analysts offered insights on share prices of Unimech, Inox India, Hindalco, BEL, Enviro Infra, Jindal Saw, Niva Bupa (Photo: Freepik) </p></div>
Analysts offered insights on share prices of Unimech, Inox India, Hindalco, BEL, Enviro Infra, Jindal Saw, Niva Bupa (Photo: Freepik)

Should you hold shares of Bharat Electronics Ltd. and Enviro Infra Engineers Ltd.? Should you add shares of Hindalco Industries Ltd. at the current market price? Have you lost the chance to add shares of Unimech Aerospace and Manufacturing Ltd. and IDFC First Bank Ltd.?

Avinash Gorakshakar, director of research at Profitmart Securities, and Kunal Kamble, senior research analyst at Bonanza Portfolio Ltd, provided insights on these investor queries and more on NDTV Profit's Ask Profit show.

Unimech Aerospace and Manufacturing (CMP: Rs 1,297.45)

Kamble: Buy on dips

  • I would suggest a buy on dips for the stock.

  • Overall, the current level is a bullish sign for the stock.

  • A dip towards Rs 1,210 levels will be a good buying opportunity.

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Inox India (CMP: Rs 1,202.45)

Gorakshakar: Hold

  • Hold on to the stock.

  • The stock will stablise soon.

  • Wait for at least a year to make some money.

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Hindalco Industries (CMP: Rs 650)

Gorakshakar: Hold

  • Hold on to the stock.

  • It is one of the most value-added companies.

  • The next 6–12 months are going to be very strong in terms of margin.

  • The next two quarters will hopefully be good and the stock could be re-rated.

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Bharat Electronics (CMP: Rs 386.8)

Gorakshakar: Hold

  • The growth potential is very strong for the company.

  • It is a net-cash-positive company that is sitting on a good order book.

  • Hang on to the stock for the next 12–18 months.

  • I would suggest taking a long term view and stay invested in the stock.

  • If the investors require, then they can book 20–25% profit.

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Enviro Infra Engineers (CMP: Rs 250.68)

Gorakshakar: Hold

  • The company is sitting on a good order book.

  • The investors must give time to the stock for 6–12 months.

  • Hold on to the stock for now.

Kamble: Hold

  • The stock is seeing a buying interest at current levels.

  • The stock might see some selling at Rs 230 levels.

  • Right now, the stock has opened the door for an upward momentum towards Rs 290 levels.

  • The investors can hold the stock for now.

  • The stoploss is at Rs 208 levels, for an upward momentum towards Rs 300.

Jindal Saw (CMP: Rs 213.7)

Gorakshakar: Hold

  • The company is sitting on a good order book.

  • If you are investing in the stock, make sure it's for the long-term perspective.

  • As most of the price increases are awarded after a year.

  • Hold on for now.

Kamble: Wait to enter.

  • Overall, the trend is negative.

  • Wait for the stock to correct.

  • We might see the stock coming towards Rs 190-odd levels.

  • If it breaks below Rs 190, at Rs 150 level, we might see some accumulation.

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Niva Bupa Health (CMP: Rs 92.35)

Kamble: Buy

  • Now, the momentum is there and the volumes are increasing for the stock.

  • Till the time the stock is holding above Rs 84 level, it is a good buy opportunity till the time it might go up to Rs 110 level.

  • It is a good stock to buy at current levels.

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IDFC First Bank (CMP: Rs 67.90)

Gorakshakar: Buy

  • The bank has an attractive CASA ratio.

  • In the short term, the stock might face a bit of pressure.

  • The stock is holding on pretty well.

  • Gradually invest in the stock, in a SIP manner.

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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