Should you add shares of KPI Green Energy Ltd.? Should you hold shares of Crisil Ltd. at the current market price? Have you lost the chance to buy NMDC Ltd. stock at an attractive price?
Sameer Dalal, owner of Natverlal & Sons Stockbrokers Pvt., and Chandan Taparia, head of technical & derivatives research at Motilal Oswal Financial Services, provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
KPI Green Energy (CMP: Rs 382.95)
Taparia: Sell
- Very tough to look at recovery.
- Trend is negative.
- I believe weakness could be there.
- Could go down to Rs 333.
- Try to exit some positions.
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Samvardhana Motherson International (CMP: Rs 153.31)
Dalal: Buy On Dips
- We think the growth opportunity is high.
- Ideal price to buy is closer to Rs 110.
- Auto sector is doing well and this is why it has higher prices.
- Wait for a correction and then buy into the counter.
Crisil (CMP: Rs 4,487)
Dalal: Hold
- Continue to hold on to it for the long term.
- It will be a slow mover.
- A lot of the juice is already into the company.
- Rating agencies will continue to do well.
- Have great operating leverage, no capex requirements as such.
- Unlikely to be a multibagger in three years but likely in seven to eight years.
Vedanta (CMP: Rs 737.45)
Taparia: Hold
- One can continue to hold Vedanta.
- We are positive on the Nifty metal index.
- Vedanta is one of the strongest counters.
- Hold with the support of Rs 700, can head to Rs 770-795.
NMDC (CMP: Rs 82.56)
Taparia: Buy/Sell/Hold
- Positive on the metal mining counter.
- NMDC is comparatively consolidating the range.
- Multiple supports are intact.
- One can hold the long position.
- With support of Rs 77, can head to Rs 92-95 levels.
Siemens (CMP: Rs 3,336.9)
Taparia: Hold
- Seen good recovery and support based buying.
- Consolidating in a range for the last two weeks.
- Requires a small follow-up activity.
- Breakout could happen.
- Keep support near Rs 3,260 for target of Rs 3,500.
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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