Buy, Sell Or Hold: Groww, Sedemac Mechatronics, Jana Small Finance Bank, Kirloskar Oil, Hindustan Copper — Ask Profit

Market experts shared their insights on fundamentals and technical levels for key stocks.

Advertisement
Read Time: 2 mins
Buy Sell Hold
Photo: Echion by NDTV

Should you add shares of Billionbrains Garage Ventures Ltd (Groww)? Should you hold shares of Kirloskar Oil Engines Ltd. at the current market price? Have you lost the chance to buy Sedemac Mechatronics Ltd. shares of at an attractive price? Should you sell shares of Jana Small Finance Bank Ltd.?

CA Tapan Doshi, Reserach Analyst, www.catapan.in and Rajesh Bhosale, Senior Technical Analyst, My Advisor Alpha, provided insights on these investor queries and more on NDTV Profit's Ask Profit show.

Advertisement

Billionbrains Garage Ventures Ltd (Groww) (CMP: Rs 196)

Tapan: Buy on dips

  • Growth is better than competition. Client addition is strong
  • Mutual fund business is great. Company is expanding.
  • Problem will happen only if there is any change in regulation.
  • Enter on dips at Rs 180-175.

Sedemac Mechatronics Ltd. (CMP: Rs 3,099.30)

Rajesh: Hold

  • Stock is range where it can cross Rs 3,150-3,200 levels
  • Potential for stock can move towards Rs 3,700.
  • Stock is in consolidation right now. Continue to Hold.

Jana Small Finance Bank Ltd. (CMP: Rs 548.00)

Tapan: Hold

  • MFI stress is there for the bank.
  • Asset quality pressure but can wait for one more quarter.

Kirloskar Oil Engines Ltd. (CMP: Rs 2,041.70)

Rajesh: Hold

  • Stock had strong traction in July towards Rs 2,000-2,600.
  • Prices are holding around those levels where the rally had started.
  • Hold with a stop loss of Rs 1,930

Hindustan Copper Ltd. (CMP: Rs 553.25)

Tapan: Buy 

  • Strong counter where the demand will be more in copper due to EV, data centre.
  • Mine expansion is the key, ore capacity is rising.
  • Valuations are premium but can buy in SIP manner.

ALSO READ: Buy, Sell Or Hold: Dixon Tech, Ather Energy, Tata Capital, Shriram Finance And Creditaccess Grameen — Ask Profit

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.

Advertisement

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


Loading...