Should you hold shares of Camlin Fine Sciences Ltd.? Should you add shares of Tilaknagar Industries Ltd. at the current market price? Have you lost the chance to add shares of Tata Motors Ltd. and Cipla Ltd.? Is it the right time to exit Varun Beverages Ltd.?
Gaurav Sharma, head of equity, commodity and currency research, and Mahesh M Ojha, assistant vice president and business development at Hensex Securities, provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Cipla (CMP: Rs 1,527)
Gaurav: Hold
The company is positioned well at its current price levels.
A key positive is that the stock has remained relatively stable without significant declines.
From a trading standpoint, the stock has potential to move towards Rs 1,650.
Premier Energies (CMP: Rs 1,030)
Mahesh: Avoid
It's advisable to avoid investing in this stock for a short duration.
A favourable entry price would be around Rs 960-970.
Stock of Gravita India Ltd. is a strong choice for short-term investment as well.
Bajaj Finance (CMP: Rs 937.75)
Gaurav: No fresh buys
The analyst advises against initiating a new position at the current price levels.
Investors who already hold the stock can maintain their positions, with a stop-loss set at Rs 900.
For short-term opportunities, the Rs 880-860 range presents a favorable entry zone.
Tata Motors (CMP: Rs 686.7)
Mahesh: Exit
In the short term, significant upside potential is not anticipated.
Even in the long run, analysts remain cautious about the stock's prospects.
Investors may consider exiting at higher levels.
Tilaknagar Industries (CMP: Rs 385.25)
Mahesh: Book Profit
Investors with a long-term outlook of around a year can consider holding the stock, aiming for a target price of Rs 400-460.
For the near term, buyers may choose to book profits at current levels.
Camlin Fine Sciences (CMP: Rs 318.7)
Gaurav: Wait
The company's shares have experienced a significant rally recently, rising from Rs 180 to around Rs 300.
This may not be an ideal time to enter and buy the stock at current levels.
Investors are advised to wait for a potential correction before making a purchase.
A more favourable entry point would be when the stock price moves closer to Rs 270-280.
Varun Beverages (CMP: Rs 473.25)
Mahesh: Promising from long term
The stock appears promising from a long-term investment standpoint.
Some consolidation is observed at the current price levels.
Gradually accumulating the stock over time is a prudent approach for long-term investors.
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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