Should you add shares of Ather Energy Ltd.? Should you hold shares of HDFC Bank Ltd. at the current market price? Have you lost the chance to buy Vikram Solar Ltd. at an attractive price?
Saurabh Jain, Equity Head, Research, SMC Global Securities, Gaurav Sharma, Associate VP & HOR Globe Capital, and Ajit Mishra, SVP-Research, Religare Broking, provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Ather Energy Ltd. (CMP: Rs 942.50)
Saurabh: Hold
- Valuations are on the higher side but company is not profitable.
- Stock is expensive because it is only player growing in the space.
- Don't park more than 2-3% of your portfolio in stock where valuations are this high.
HDFC Bank Ltd. (CMP: Rs 793.20)
Gaurav: Hold
- Stock's further rise to Rs 850 levels is seen in immediate terms.
- Levels close to Rs 900 are possible.
- Hold from short-term to medium term POV.
Vikram Solar Ltd. (CMP: Rs 218.35)
Saurabh: Buy
- Relatively new listing but good growth prospects.
- Valuations in multiples look comforting.
- Buy in staggered manner for long-term
Balu Forge Industries Ltd. (CMP: Rs 461.45)
Ajit: Accumulating in corrective phase
- Gradual recovery in the stock, close to the lower band.
- Start accumulating in staggered manner in Rs 400-450.
- If stock surpasses levels of Rs 550, then corrective phases has ended can be said.
Rapid Fire with Saurabh Jain and Gaurav Sharma
- Gail (India) Ltd. - Sell
- Asian Paints Ltd. - Hold
- Reliance Power Ltd.- Avoid
- UNO Minda Ltd. - Buy
- Sona Blw Precision Forgings Ltd. - Buy
- Info Edge (India) Ltd. - Sell
- Coforge Ltd. - Hold
- Tata Chemicals Ltd. - Hold
- Hindustan Aeronautics Ltd. - Hold
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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