- Siemens Energy India shares advised to be held due to sector tailwinds
- Tata Power stock recommended as a buy at current valuations
- Vodafone Idea shares suggested to hold with stoploss at Rs 12.50
Should you add shares of Siemens Energy India Ltd.? Should you hold shares of Tata Power Ltd. at the current market price? Have you lost the chance to buy Vodafone Idea Ltd.'s stock at an attractive price? Should you sell shares of HDFC Bank Ltd.?
Radha Raman Agarwal, managing director and chief executive officer of Swyom Advisors and Ruchit Jain, Vice President of Equity Technical Research at Wealth Management, Motilal Oswal Financial Services Ltd. provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Siemens Energy India (CMP: Rs 3,240.20)
Agarwal: Hold
- Continue to hold.
- Enough tailwinds in the sector.
- Better to hold on to the stock.
Tata Power (CMP: Rs 374.40 )
Agarwal: Buy
- Looks quite interesting at current valuations.
- Stick to larger ones in the power side.
Vodafone Idea (CMP: Rs 13)
Jain: Hold
- Technically support is at 12.60-12.70.
- Take a chance and hold on current levels.
- Stoploss at Rs 12.50
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Waaree Energies (CMP: Rs 2,702)
Jain: Sell
- Exit this stock.
- Trend is negative, forming lower-top, lower-bottom structure.
HDFC Bank (CMP: Rs 742.80)
Agarwal: Sell
- One can switch to ICICI Bank.
- ICICI is consistent with numbers.
- Can switch when the stock improves a bit.
JSW Energy (CMP: Rs 551.65)
Jain: Hold
- Still holding on to support of Rs 500-Rs 530.
- Can go long from a mid-term perspective.
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