Should you add shares of Gujarat Gas Ltd.? Should you hold shares of Bharat Petroleum Corporation Ltd. at the current market price? Have you lost the chance to buy UltraTech Cement Ltd. at an attractive price? Should you hold shares of Paradeep Phosphates Ltd.?
Avinash Gorakshakar, Founder and Head Research AvinashMentor Research Services and Kush Bohra, Founder Kushbohra.Com provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Gujarat Gas Ltd. (CMP: Rs 307.45)
Avinash: Buy
- Business is not going to be finished because of Iran war.
- Short-term could be margin pressure.
- Average out only if investor. This business will not dry up.
- Stay invested for 12-15 months.
Bharat Petroleum Corporation Ltd. (CMP:
Avinash: Hold
- Rising crude price, April to June quarter could be volatile.
- Margins could come into pressure.
- If crude prices rise, better to exit OMCs.
ICICI Prudential Life Insurance Comp Ltd. (CMP: Rs 505.90)
Kush: Hold
- Sceptic view on insurance space.
- Cautious on this, stop loss is Rs 470.
- Structure looks a weak.
UltraTech Cement Ltd. (CMP: Rs 10,600)
Kush: Hold
- Stocks come off significantly.
- Not constructive on cement space as a whole.
- If stock bought is close to support level, hold.
Tata Capital Ltd. (CMP: Rs 308.90)
Avinash: Hold
- Averaging out makes sense for medium-long term investor.
- Stock is below IPO price.
- Asset quality is good, compaany is making money.
Paradeep Phosphates Ltd. (CMP: Rs 114.90)
Kush: Hold
- Rebound is likely for the stock.
- Volume accumulation on select days has been healthy.
- Keep a stop loss at Rs 103
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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