Buy, Sell Or Hold: Bajaj Finance, Eternal, JSW Steel, Vishal Mega Mart, BEL And Hindustan Copper — Ask Profit

Market experts shared buy, sell and hold recommendations for an array of stocks including Bajaj Finance, Eternal, JSW Steel, Vishal Mega Mart, BEL.

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Read Time: 2 mins
Market experts shared buy, sell and hold recommendations for an array of stocks.
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Should you add shares of Bajaj Finance Ltd.? Should you hold shares of Eternal Ltd. at the current market price? Have you lost the chance to buy JSW Steel Ltd. stock at an attractive price? Should you sell shares of Vishal Mega Mart ​​​​​​Ltd.?

Sachin Janardan Sarvade, Independent Market Expert and Nandish Shah, AVP– PCG Research & Advisory, Wealth Management, Motilal Oswal Financial Services provided insights on these investor queries and more on NDTV Profit's Ask Profit show.

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Bajaj Finance (CMP: Rs 926)

Shah: Buy

  • Very positive view.
  • Succession issue with Rajiv Jain along with pressure from insurance commision could affect it on short term.
  • Accumulate it on declines.

Eternal (CMP: Rs 312.35)

Sarvade: Wait And Watch

  • Would wait and watch.
  • Overall, on a longer timeframe, support levels are at Rs 291-Rs 278 levels.
  • If there is a good bullish candle and follow up buying near support levels, if that is happening, trade on a positive side.

JSW Steel (CMP: Rs 1,222.90)

Shah: Buy

  • Very positive on this stock.

ALSO READ: M&M Financial Flags Cost-Of-Funds Spiral Despite 55% PAT Surge, Bets On Diversification For Alpha

Vishal Mega Mart (CMP: Rs 90)

Shah: Hold

  • A very sharp decreases in gross margins and Ebitda.
  • Some change in festive season.
  • SSG growth has been as per street expectations.
  • Numbers below expectations.
  • Have positive view on the counter.

Bharat Electronics (CMP: Rs 371.20)

Shah: Buy

  • Can  accumulate at these levels.

Hindustan Copper (CMP: Rs 420.85)

Shah: Wait And Watch

  • Wait but do not add.

ALSO READ: HDFC Bank Says Probe Into Confidential Information Leak Is Underway

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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