Should you hold shares of BEML? Should you add shares of DAM Capital Advisors Ltd. at the current market price? Have you lost the chance to buy shares of Pace Digitech Ltd. at an attractive price? Is it the right time to exit Zaggle Prepaid Ocean Services Ltd.?
Lancelot D Cunha, CIO, ValueX Weath Connect and Ruchit Jain, Head - Technical Research, Motilal Oswal Financial Services Ltd. provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
BEML (CMP: Rs 1,704)
Lancelot: Sell
- Trading at high multiplace.
- Since valuations are high, good time to exit.
DAM Capital Advisors Ltd. (CMP: Rs 164.34)
Ruchit: Sell
- Short-medium trend remains negative.
- Recent pullback move witnessed selling pressure.
- Stock is showing underperformance in the sector.
Pace Digitech Ltd. (CMP: Rs 182.48)
Lancelot: Hold
- Company has expanded to solar and battery systems.
- Sales growth from profit perspective, margins are on lower side.
- Hasn't grown as much as it should.
- Be cautious. See for one-two quarters.
HFCL Ltd. (CMP: Rs 70.62)
Lancelot: Sell
- Stock is trading 208 times its earning.
- Unless earning growth is visible, then only one can take a call.
- Based on stories and expectations, future could look rosy but could not be a good idea.
Rapid Fire With Lancelot D Cunha and Ruchit Jain
Zen Technologies Limited - Book partial profit
CE Info Systems Ltd. - Sell
HDFC Bank - Buy
NCC Ltd. - Sell
Jyoti Structures Ltd. - Sell
Bharti Airtel Ltd. - Buy
Vikram Solar Ltd. - Sell
Zaggle Prepaid Ocean Services Ltd. - Sell
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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