Buy, Sell Or Hold: Bajaj Finance, Trent, Crisil, JSW Energy, Coal India, Swiggy — Ask Profit

Should you buy shares of Coal India Ltd. at the current market price? Have you lost the opportunity to buy stocks of Reliance Infrastructure Ltd.? Is Bajaj Finance Ltd. a good choice from a long-term perspective? Should you sell shares of Crisil Ltd. at the current market price?

Nirav Asher, head of equity research at Latin Manharlal Securities, and Vaishali Parekh, assistant vice president of technical research and analysis at Prabhudas Lilladher, provided insights on these investor queries and more on NDTV Profit's Ask Profit show.

Bajaj Finance (CMP: Rs 8,635.7)

Nirav: Current setback should be considered as an opportunity

• The counter has encountered a temporary setback regarding its fourth-quarter earnings.

• The reduction in its AUM guidance has left many disappointed.

• While further challenges may arise, they should be seen as opportunities to add to or average the stock, rather than exiting the position.

Trent (CMP: Rs 5,173.4)

Nirav: Buy

• Purchase the stock, setting a stop loss at Rs 5,000.

• The stock is currently showing support, but a correction is likely if the Rs 5,000 level is breached.

• Aim for a target range of Rs 5,600 to Rs 5,800.

Crisil (CMP: Rs 4,453.75)

Vaishali: Hold

• The stock appears to be reaching its bottom.

• If the Rs 4,200 level holds strong on the chart, a rise to Rs 5,000 or Rs 5,200 is anticipated.

• Hold the stock, setting a stop loss at Rs 4,200.

JSW Energy (CMP: Rs 479.1)

Nirav: Hold

• Retain the stock as it holds significant potential.

• The outlook for the power sector appears to be promising.

Coal India (CMP: Rs 385.2)

Nirav: Wait

• Await the results before deciding whether to average the stock.

• Retain the current shares of the company for now.

Swiggy (CMP: Rs 316.1)

Nirav: Hold

• The investor is advised to retain their investment in Swiggy for a few quarters to observe how it performs.

Reliance Infrastructure (CMP: Rs 254.9)

Nirav: Shift to better companies

• The group has been facing challenges for an extended period.

• The group's order book needs to be evaluated.

• Better investment options are available within the infrastructure sector.

• Consider transitioning to a stronger company at this stage.

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.