Should you hold shares of Bombay Stock Exchange Ltd. (BSE)? Should you add shares of LIC Housing Finance Ltd. at the current market price? Have you lost the chance to buy shares of Eternal Ltd. at an attractive price? Is it the right time to exit Bharat Dynamics Ltd.?
Saurabh Jain, Equity Head, Research SMC Global Securities, Aamar Deo Singh, SVP Research, Angel One, and Ajit Mishra, SVP Research, Religare Broking provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Bombay Stock Exchange Ltd. (BSE) (Rs 2,818)
Saurabh: Sell
- Recent rejection will surely soften business of broker.
- Valuations of BSE is extremely expensive.
- Investors have bought stock above Rs 2,600, recommend a sell.
LIC Housing Finance Ltd. (CMP: 509.20)
Saurabh: Avoid, Sell
- Growth in Real estate companies are tapering off.
- Luxuty home sales are also coolinmg off
- There is no growth in housing finance companies and the trend will taper off.
Eternal Ltd. (CMP: Rs 289.30)
Aamar: Hold
- Eternal is seeing some sort of consolidation.
- More of a range-play till it doesn't reach Rs 310
Bharat Dynamics Ltd (CMP: Rs 1,245)
Saurabh: Long-term view hold
- No action in defence stocks after 2024.
- Some corrections witnessed in last few quarters.
- No much growth in Q3, expecting stock to underperform.
- Short-term view is to exit.
Kaynes Technology India Ltd (CMP: Rs 3,991.10)
Saurabh: Sell, Aamar: Hold
- Booking profits would be better.
- Stock is a bit expensive as compared to valuations.
- Stock is likely to go for consolidation.
- Overall, bottom has been made for the stock.
Dixon Technologies (India) Ltd (CMP: Rs 11,736)
Saurabh: Sell
- Don't like Electronic Manufacturing Services (EMS) space because low margin and high valuations.
Indian Railway Catering & Tourism Corporation Ltd (IRCTC) (Rs 609.90)
Ajit: Sell
- Anticipation of rebound trade during budget.
- Most stocks of railway pack are still facing pressure.
- Stock is at 52 weeks low. Shift from the sector
Piramal Pharma Ltd (Rs 165.30)
Ajit: Hold
- Stock is gradually drifting from 1-1.5 years.
- Recovery attempts were not decisive with missing volumes.
- Any recovery towards Rs 175-Rs 180 can be considered as exit.
Rapid Fire with Saurabh Jain and Ajit Mishra
- Hindustan Copper Ltd.- Sell
- Ircon International Ltd. - Sell
- Cohance Lifesciences Ltd. - Sell
- Jain Resource Recycling Ltd. - Sell
- PG Electroplast Ltd. - Hold, stop loss at Rs 580
- Ashok Leyland Ltd. - Can buy
- CIE Automotive SA - Buy
- Blue Jet Health - Sell
- Fortis Healthcare Ltd.- Hold
- Suzlon Energy Ltd. - Hold
- KPIT Technologies Ltd. - Sell
- National Aluminium Co Ltd. (NALCO)- Sell
- Easy Trip Planners Ltd.- sell
- Siemens Ltd. - Hold
- Hindustan Aeronautics Ltd. - Hold
- Raymond Ltd. - Hold
- Ashok Leyland Ltd. - Hold
- Tata Motors PV - Sell
- Inox Wind Ltd.- Sell
- Anupam Rasayan India Ltd.- Sell
- Shakti Pumps - Sell
- GK Energy 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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