- Canara Bank shares recommended to hold for a 12-month horizon at Rs 118.50
- NTPC shares advised to hold with 20-25% upside potential at Rs 321.80
- BHEL shares seen as technically strong with 7-8% upside, hold between Rs 460-470
Should you add shares of Canara Bank Ltd.? Should you hold shares of NTPC Ltd. at the current market price? Have you lost the chance to buy Bharat Heavy Electricals Ltd.'s stock at an attractive price? Should you sell shares of HDFC Bank Ltd.?
Vishnu Kant Upadhyay, assistant vice president–research and advisory at Master Capital Services Ltd, and market expert Mahesh Ojha provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Canara Bank (CMP: Rs 118.50)
Upadhyay: Hold
- Placed well.
- Hold for twelve months horizon.
NTPC (CMP: Rs 321.80)
Ojha: Hold
- Can see 20-25% upside.
- Hold for a year.
Bharat Heavy Electricals (CMP: Rs 429)
Upadhyay: Hold
- Stock is looking technically very sound.
- On the higher side, one can expect 7-8% upmove.
- Forming a rectangle pattern after witnessing healthy vertical upmove.
- One should hold the counter for the position of Rs 460-Rs 470.
- Maintain stoploss below Rs 410 on the lower side.
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HDFC Bank (CMP: Rs 704.80)
Ojha: Hold
- Can definitely hold now.
- New CEO appointment has been positive.
- You have to track it for medium to longer term perspective.
- Valuations are quite attractive from one year horizon.
Godrej Consumer Products (CMP: Rs 837)
Ojha: Buy
- Valuation is attractive, can add further.
- Can average the stock.
- Could touch Rs 1,050-Rs 1,100.
Suzlon Energy (CMP: Rs 38.92)
Ojha: Buy
- Has been down significantly from higher side.
- Can add on these levels.
- Could see levels up Rs 55 in six months horizon.
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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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