Buy, Sell Or Hold: Deepak Nitrite, CDSL, Uno Minda, LIC, Titagarh Rail, IRFC — Ask Profit
Should you buy shares of Life Insurance Corp. at the current market price? Have you lost the opportunity to buy stocks of Central Depository Services (India) Ltd.? Is Ola Electric Mobility Ltd. a good choice from a long-term perspective? Should you sell shares of Indian Railway Finance Corp. at the current market price?
G Chokkalingam, managing director of Equinomics Research, and Vikas Jain, head of research of Reliance Securities, provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Deepak Nitrite (CMP: Rs 1,955.1)
Chokkalingam: Likely To Stagnate In A Year
Will stagnate in a year.
Great historic track record but tough last two years with margin contraction.
Chemical sector is under more pressure due to the flood of Chinese products in international markets and tariff war.
CDSL (CMP: Rs 1,260.2)
Chokkalingam: Buy When Volatility Settles
Excellent for medium to long term.
The March quarter result was quite bad.
But unusual movements happened in the stock market.
In February, the market lost Rs 100 lakh crore, which never happened in the past.
All capital market intermediaries were affected.
Should not take it as a reason for a negative outlook.
Buy in a few weeks when the tension settles down.
Uno Minda (CMP: Rs 908.35)
Jain: Hold
Seen a good amount of bounce in the past few weeks.
Still has the potential to move higher to Rs 985-1,000 in the next few weeks.
Can continue to hold.
There is some amount of selloff and resistance area at current levels but it should technically surpass it.
LIC (CMP: Rs 784.35)
Chokkalingam: Hold For Short Term
Possibility of 20% upside for short-term investors.
Short and medium-term investors can hold it and get some recovery.
Entered a highly competitive space, not good for long term.
Quite tough for the stock in long term.
Jain: Hold
All the insurance stocks are turning positive.
It might also see some strong positive momentum.
Breakout is on the charts, Rs 910-920, which is the 200 day average, can be the next probable target.
Can hold.
Titagarh Rail Systems (CMP: Rs 699.25)
Chokkalingam: Hold
Company may not perform very well in financial year 2026.
The budget allocation is not very substantial.
Growth for year-on-year quite muted.
Stock has crashed significantly.
Possibility of company doing well in terms of business in fiscal 2027.
Hold for medium to long term.
If stock falls further, one can buy for a medium term of one to two years.
Jain: Hold
Expect stock to surpass near Rs 780-800 as the first potential target.
If that is crossed, we can expect Rs 880-900 as its purchase price.
Good point to hold, no point in selling at current levels.
Samvardhana Motherson International (CMP: Rs 135.47)
Chokkalingam: Hold
Stock has fallen more than 40%, but it has done extremely well in terms of growth.
Holding may yield 10-15%.
But not a great value play considering the trade war.
Indian Railway Finance Corp (CMP: Rs 120.7)
Jain: Hold
Can continue to hold on.
Stock has not been a great performer in the last seven months.
Making higher bottom formation in weekly charts.
The ideal opportunity to buy should be at Rs 145 to Rs 150, expected after two quarters.
Chokkalingam: Hold
Hold for one to two years.
Definitely will come back to a strong growth path and reverse order book values.
Ola Electric Mobility (CMP: Rs 48.04)
Chokkalingam: Don't Buy
Fundamentally, the stock can correct significantly from this level.
Lot of players are trying to turn around the electric vehicle two wheeler business.
Competition intensifying amid moderation year-on-year growth.
Suitable for risk taking traders, not for investors who depend on the fundamentals.
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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