- Bajaj Finserv is recommended to hold for long-term investors beyond two to three years
- Hinduja Global Solutions is advised to hold for medium to long term despite current difficulties
- Vedanta is recommended to sell due to expected further decline in the oil segment
Should you add shares of Bajaj Finserv Ltd.? Should you hold shares of Piramal Pharma Ltd. at the current market price? Have you lost the chance to buy shares of Power Grid Corporation at an attractive price? Is it the right time to exit Bajaj Housing Finance Ltd.?
G Chokkalingam from Equinomics Research and market strategist Sarvendra Srivastava provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Bajaj Finserv (CMP: Rs 1,966.3)
G Chokkalingam: Hold
Hold for beyond two-three years.
Company does not disappoint in the longer period.
Good stock to buy and hold for long-term investors.
Hinduja Global Solutions (CMP: Rs 523.4)
G Chokkalingam: Hold
Fundamentally looks good to hold.
Might take much longer.
Right now, going through a little difficulty.
Hold for medium to long term.
Vedanta (CMP: Rs 439.4)
G Chokkalingam: Sell
Not bullish on the counter.
Oil segment to have major stress.
Will go down further.
Power Grid (CMP: Rs 286)
G Chokkalingam: Buy
The stock price has corrected a lot.
PE ratio has sunk to around 17.
Valuation comfort is there.
Historically, it has been a growth stock in the longer period.
Piramal Pharma (CMP: Rs 201.2)
Sarvendra Srivastava: Hold
Wait for a good monthly close.
Hold whatever you are holding.
Bajaj Housing Finance (CMP: Rs 113.3)
G Chokkalingam: Sell
Entire NBFC will have stress this year.
Strict competition between banks and housing finance companies.
GMR Power (CMP: Rs 111.65)
G Chokkalingam: Hold
Power business might turn around.
Buy on marginal decline.
Can get 15-20% within a year's time within normal market condition.
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.
Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
