Buy, Sell Or Hold: CDSL, Kirloskar, Natco Pharma, Puravankara, Varun Beverages, Nerolac — Ask Profit
Analysts also shared insights on share prices of Standard Glass Lining Technology and Canara Bank.
Should you hold shares of Central Depository Services (India) Ltd.? Should you add shares of Natco Pharma Ltd. at the current market price? Have you lost the chance to add shares of Varun Beverages Ltd. and Kansai Nerolac Paints Ltd.? Is it the right time to exit Puravankara Ltd.?
Mahesh Ojha of Hensex Equities Ltd. and Vikas Jain of Reliance Securities provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Central Depository Services (CMP: Rs 1,793.5)
Ojha: Hold
The stock is in the uptrend.
Hold the stock for the long term.
Keep a stoploss at Rs 1,758.
The upper side is likely to reach Rs 1,820 to Rs 1,860 levels.
Profit booking is advisable at a higher level.
Kirloskar Pneumatic (CMP: Rs 1,358.2)
Jain: Buy
A good stock to enter now.
The stock can reach further highs near to Rs 1,480 to Rs 1,530 levels with an immediate basis.
Continue holding the stock for old investors.
Natco Pharma (CMP: Rs 863.10)
Ojha: Hold and Add more
Hold and add more.
Add more in a staggered way for a long-term perspective.
Give some more time to a pharma stock.
The stock is currently under consolidation, near Rs 880 to Rs 840 levels.
If after consolidation levels, the stock is able to reach Rs 920 levels, then we can expect Rs 980-1,000 levels.
Puravankara (CMP: Rs 326.75)
Ojha: Book Profits
I would suggest book profits, at least 50-60%.
Buy shares of Godrej Properties under realty sector.
DLF is another share that the investors can buy under this section.
Varun Beverages (CMP: Rs 476.60)
Ojha: Hold and Add more
Historically, the stock has given good returns.
One can add more on lower levels at Rs 440 to Rs 460 range.
Add more on the downside level.
For upside, Rs 650 to Rs 660 levels can easily be reached in a one-year horizon.
Kansai Nerolac Paints (CMP: Rs 250.10)
Jain: Hold
Hold for now.
The paint sector is in a downturn right now.
The stock is holding multiple bottoms, at Rs 240 to Rs 245, which is the 100-day moving average.
On higher, the first round of resistance is around Rs 270-275.
If the shares cross first resistance, then the upside will reach Rs 310 levels.
Standard Glass Lining Technology (CMP: Rs 195.19)
Ojha: Book partial profits
The stock has done pretty good in a short period.
Rs 195-200 levels is the right for profit booking.
Partial profit booking is advisable.
Jain: Book Profits
The stock has been pretty volatile so far.
Some amount of profit booking can be done.
Wait for some amount of reversal.
Keep stoploss at Rs 165-170.
Canara Bank (CMP: Rs 117.69)
Jain: Do not enter
The stock has done pretty well, but not advisable.
I would not suggest entering the stock now.
Bank of Maharashtra and Central Bank are the other stocks one can enter.
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.
