Should you buy shares of Hindustan Aeronautics Ltd. at the current market price? Is Bharat Heavy Electricals Ltd. a good choice from a long-term perspective? Should you keep holding Trent Ltd.? Is it the right time to exit State Bank Of India and book profit?
Prashant Tapse, financial analyst at Mehta Equities and Kushal Gandhi, technical analyst at Stoxbox answered these investor queries and more on NDTV Profit's Ask Profit show.
HAL (CMP: Rs 3,771.9)
Gandhi: Hold
Hold with a strict stoploss of Rs 3,500.
SBI (CMP: Rs 752.25)
Gandhi: Hold
Levels of Rs 730-Rs 725 acting as strong support zone.
Not expecting momentum in short term.
Hold with a stoploss near Rs 725.
Trent (CMP: Rs 5,277.1)
Tapse: Sell
Stock will decline more before it settles.
Valuations being stretched.
Gandhi: Sell
Steepest decline since March lows.
Stock may succumb to profit booking.
Sell at current market price.
ABB India (CMP: Rs 5,681.4)
Gandhi: Sell
Best to exit on some rise.
Bharti Airtel (CMP: 1,619.75)
Tapse: Hold
Positive opening expected on Friday, after robust third quarter results.
Expecting lots of changes in one to two years.
Dr Reddy's Laboratories (CMP: Rs 1,236.65)
Tapse: Hold
Stock is at good levels.
One should accumulate for more than five years.
Titan Co. (CMP: Rs 3,410)
Tapse: Sell
There are valuation concerns at this point of time.
Avoid or sell.
Only consider this stock for long-term investment.
BHEL (CMP: Rs 204.84)
Gandhi: Sell
Under profit-booking after substantial rise.
Distribution may turn into sustained selling pressure.
Book profits.
Zomato (CMP: Rs 229.05)
Tapse: Sell
In the short-term, there will be lots of pain in this stock and sector.
Only risk-taking investors should consider buy on dips.
Gandhi: Sell
Have a negative view of stock at current market price.
Stock might see further decline.
Best to avoid or sell the stock.
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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