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Buy, Sell Or Hold: GEC, Eternal, Hindustan Zinc, Jio Platforms And Varun Beverages — Ask Profit

Market experts shared buy, sell and hold recommendations for an array of stocks including GEC, Eternal, Hindustan Zinc, Jio Platforms and Varun Beverages.

Buy, Sell Or Hold: GEC, Eternal, Hindustan Zinc, Jio Platforms And Varun Beverages — Ask Profit
Market experts shared buy, sell and hold recommendations for an array of stocks.
Photo Source: AI-Generated

Should you add shares of General Insurance Corp.? Should you hold shares Eternal Ltd. at the current market price ? Have you lost the chance to buy Hindustan Zinc Ltd. stock at an attractive price? Should you sell shares of Jio Platforms Ltd.?

Nandish Shah, AVP– PCG Research & Advisory, Wealth Management, Motilal Oswal Financial Services and Osho Krishan, chief manager - technical and derivative research at Angel One provided insights on these investor queries and more on NDTV Profit's Ask Profit show.

General Insurance Corp. (CMP: Rs 325.10)

Krishan: Avoid

  • Has seen a consolidation breakdown.
  • Zone of Rs 330 was the support, opened room to Rs 310-Rs 305.
  • Buy if it reaches those zones or goes above Rs 330.
  • Avoid for now.

Eternal (CMP: Rs 326)

Shah: Buy

  • Even at these levels it is a good buy.
  • Price target is at Rs 400 for the next 12 months.

Hindustan Zinc (CMP: Rs 506.80)

Shah: Buy

  • Have a netural rating.
  • Better to switch to an operating company where the direct benefit of higher steel prices and higher volume growth in zinc and silver can be played.

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Crisil (CMP: Rs 4,671.40)

Krishan: Buy

  • Very strong candidate.
  • Expecting Rs 5,800-Rs 5,900 as a target from short-term perspective.
  • Can accumulate.

Jio Platforms (CMP: Rs 1,417.50)

Shah: Hold

  • Target price has been achieved of Rs 1,350.
  • Would recommend holding for longer term

Varun Beverages (CMP: Rs 404.50)

Shah: Buy

  • Can buy more.
  • Target of Rs 530.

ALSO READ: RR Kabel Q2 Results: Profit Surges 56%, Revenue Rises 52%; Declares Dividend; Check Record Date

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.

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

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