Buy, Sell Or Hold: RIL, CDSL, Wipro, SBI, IRFC, LIC Housing Finance — Ask Profit

Should you buy shares of Bajaj Housing Finance Ltd. and Reliance Industries Ltd. at the current market price? Is Jio Financial Services Ltd. a good choice from a long-term perspective? Should you keep holding shares of MOIL Ltd. and Wipro Ltd.?

Manish Chowdhury, head of research at Stoxbox, and Gaurav Sharma, head of equity, commodity & currency research at Globe Capital Market, answered these investor queries and more on NDTV Profit's Ask Profit show.

Sharma: Hold

• Stock has come down to crucial support levels.

• Expecting recovery with levels rising to Rs 1,320 in the next couple of weeks.

Chowdhury: Hold

• CDSL's stock has been impacted by falling markets.

• Growing trends like return on equity and return on capital employed have been fantastic.

Sharma: Buy

• Stock is trading close to its support levels.

• See the stock heading towards Rs 375 and beyond in the near-term.

Chowdhury: Hold

• Sees numbers coming in from a one to two-year perspective.

• Does not see capital as an issue for Jio Financial Services in terms of expansion.

• May buy more shares at the current market price.

Sharma: Buy

• See stock outperforming its peers.

• Expect share price to rise up to Rs 400 by the end of the year.

Chowdhury: Buy

• May expect returns of 20% to 25% per annum in the next two years.

• Trading at a good valuation with deep value in its subsidiaries.

Sharma: Hold

• Sees the stock rising up to Rs 600 in the coming weeks.

Chowdhury: Hold

• Valuation of the stock is attractive.

• Housing finance companies are expected to benefit from the expected rate cuts.

Chowdhury: Sell

• Stock is on the expensive side for its price-to-book multiple.

• Better players in terms of valuation available in the housing space.

Chowdhury: Sell

• Valuation is on the expensive side, advisable to book profits.

• Earnings have consistently been flat, and the price to book ratio is trading at four times.