Buy, Sell Or Hold: BSE, Zomato, Grasim, Tata Motors, Axis Bank, Hyundai, ICICI Bank—Ask Profit

Should you buy shares of ICICI Bank Ltd. and Zomato Ltd. at the current price? Is BSE Ltd. a good choice from a long-term perspective? Should you keep holding Axis Bank Ltd. and Tata Motors Ltd.? Is it the right time to exit Grasim Industries Ltd. and Aurobindo Pharma Ltd. to book profit?

Amar Deo Singh, senior vice president at AngelOne Ltd. and Mahesh M Ojha of Hensex Securities Pvt. answered these investor queries and more on NDTV Profit's Ask Profit show.

Singh: Hold.

• This is a good multibagger stock.

• Can hold for the long term, as the markets are expected to grow.

Singh: Sell.

• The stock is witnessing a sharp selloff.

• It has found support around the Rs 2,470 level.

• If it falls below this level, it could face a sharp correction, potentially heading towards Rs 2,400.

• Breaching recent support levels could signal a better entry point.

• However, the declining trend in profitability and sales is also concerning.

Singh: Hold.

• The bank has third largest network of branches.

• The lender's profit has risen.

• There is a selloff in banking stocks due to concerns over slowdown.

• Hold on to the stock as it has corrected by 6-7%.

Singh: Hold.

• From a long-term perspective, the company is looking attractive.

• It is introducing attractive models and is part of the EV space.

• Its collaboration with Land Rover and Jaguar has also provided strong leverage when it comes to technology.

• The company stands out due to its service capabilities.

• The stock has corrected from Rs 1,180 to Rs 720.

• Holding for a few years could present a good opportunity.

• The Rs 700 level is a strong support.

• As long as the stock stays above this mark and doesn't breach it, consolidation could continue.

Ojha: Hold and buy on dip.

• Hold the stock as it is performing well.

• The company’s recent updates are also positive.

• The profit has been improving from lower levels.

• It's a good idea to add more at the Rs 260-Rs 270 range.

• In a one-year horizon, the stock can touch Rs 350-375.

• The consumption story is strong, and people’s consumption habits are changing, which will drive growth day by day.

• The company is poised to do well, but a bit of caution is advised due to the current market conditions.

• It’s best to buy on dips.

Singh: Hold.

• The recently listed company is the third largest automobile manufacturer in the world.

• There is a selloff in the auto segment.

• From long-term perspective, one can hold on to the stock for 3-5 years.

Ojha: Hold.

• Hold on for 2-3 years.

• In short-term period, there will be more downside.

Ojha: Hold.

• The bank has posted strong numbers compared to its peers.

• Looking at the fundamentals, the target is between Rs 1,400 to Rs 1,500 levels.

• Can partly book profit, but hold for long-term gains.

Ojha: Sell.

• Would suggest booking profit.

• One can invest in other pharmaceutical companies.

Ojha: Sell and re-enter at lower levels.

• It might be a good idea to exit and re-enter at a lower price.

• Selling is recommended if you're looking for a short-term opportunity in the current market scenario.

• The Rs 550 level offers a good entry point.

Singh: Hold and buy on dip.

• The stock is currently consolidating.

• The scrip hit the Rs 110 level but then corrected to around Rs 100.

• There is strong support around the Rs 92 to Rs 93 level, which is also a solid entry point from a long-term perspective.

Singh: Hold.

• The company is in the healthcare sector, focusing on technology-driven solutions.

• The stock has seen a significant run-up, with a PE ratio of 90+.

• The company's results have been strong, with a profit of Rs 107 crore.

• It's advisable to hold on, as the stock has already witnessed a rally.

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.