Buy, Sell Or Hold: Apollo Hospitals, Torrent Pharma, M&M, IEX And Shakti Pumps — Ask Profit

Market experts shared their insights on fundamentals and technical levels for key stocks.

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Market experts shared their insights on fundamentals and technical levels for key stocks.
Photo Source: AI-generated
Quick Read
Summary is AI-generated, newsroom-reviewed
  • Apollo Hospitals is a recommended buy with potential 20% earnings growth and defensive prospects
  • Torrent Pharmaceuticals is suggested for buying on dips and is currently interesting
  • Indo-MIM is advised for accumulation via SIP due to market leadership and strong clientele
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Should you add shares of Apollo Hospitals Enterprise Ltd.? Should you hold shares of Torrent Pharmaceuticals Ltd. at the current market price? Have you lost the chance to buy shares of Coforge Ltd. at an attractive price? Should you sell shares of Mahindra & Mahindra Ltd.?

Rajesh Bhosale, Senior Technical Analyst, My Advisor Alpha and Avinash Gorakshakar, Director, Research Profitmart Securities provided insights on these investor queries and more on NDTV Profit's Ask Profit show.

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Apollo Hospitals (CMP: Rs 8,967)

Gorakshakar: Buy

  • Could be a very good defensive bet.
  • Earnings growth could be up to 20%
  • Promising space.

Torrent Pharmaceuticals (CMP: Rs 4,930)

Gorakshakar Buy

  • Can be considred on dips.
  • Looks interesting at this point of time.

INDO-MIM (CMP: Rs 984.55)

Gorakshakar: Buy

  • Market leader in metallic forging industry.
  • Has strong clientele.
  • Can accumulate via SIP approach.

ALSO READ: Steamhouse India IPO Ends Day 1: 0.42x Subscription; GMP Signals 24.69% Listing Gain

Mahindra & Mahindra (CMP: Rs 3,150)

Gorakshakar: Buy

  • Much better option compared to Maruti.
  • Gets benefit of utility vehicle business, EV portfolio.
  • Very positive on the stock.
  • Buy aggressively at current levels

Indian Energy Exchange (CMP: Rs 117.95)

Bhosale: Hold

  • Wouldn't suggest to add more.
  • On strong support.
  • Hold on for now.
  • Exit if it bounces to Rs 128.

Shakti Pumps (India) (CMP: Rs 467.80)

Gorakshakar: Buy

  • Can be accumulated.
  • Bigger trigger for the company going forward.

ALSO READ: SEBI Revises Position Limits For Commodity Derivatives, Caps Penalty At Rs 2 Lakh

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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