Buy, Sell Or Hold: HAL, L&T, Asian Paints, Varun Beverages, Suzlon Energy — Ask Profit

Lancelot D'Cunha of Valuex Wealth Connect and Gaurav Sharma of Globe Capital Market provided insights on an array of investor queries on NDTV Profit's Ask Profit show. (Photo source: Envato)

Should you buy shares of Hindustan Aeronautics Ltd. at the current market price? Have you lost the opportunity to buy stocks of Larsen & Toubro Ltd.? Is Asian Paints Ltd. a good choice from a long-term perspective? Should you sell shares of Suzlon Energy Ltd. at the current market price?

Lancelot D'Cunha, chief investment officer at Valuex Wealth Connect LLP and Gaurav Sharma, head of research, equity and commodity at Globe Capital Market Ltd., provided insights on these investor queries and more on NDTV Profit's Ask Profit show.

Bajaj Housing Finance (CMP: Rs 118.25)

D'Cunha: Buy

With interest rates falling, housing finance stocks should be doing better.
The company has differentiated segments, smaller ticket sizes in Tier II towns.

Sharma: Buy

Present levels attractive to start accumulating the stock.
The stock hasn't reacted to US tariff-driven selloff.
Has a limited downside from here.

Asian Paints (CMP: Rs 2,411.15)

D'Cunha: Hold

Crude price movement has a little impact on raw materials.
The bigger challenge is the entry of large players in the paints section.
Competitors are lowering prices and have high quality products.
Competitive intensity may lead to falling margins.
From a year's perspective, things will be difficult.
Can't expect a huge upside.
Hold for three to five years as company enters interior decor space.

Varun Beverages (CMP: Rs 540.20)

D'Cunha: Too Early To Determine

Competition is difficult for new entrants.
Company stands on stronger footing as it is established.
Company expanded overseas, which is concerning.
Global slowdown may hit these overseas regions.
May hinder breaking even.
Too early to say

Sharma: Buy

Have been recommending this stock in the recent past.
See it heading towards Rs 600-660 levels in the near term.
Minor hurdle close to Rs 560-odd levels.

Welspun Living (CMP: Rs 113.47)

Sharma: Sell

As far as its recent performance is concerned, the stock slipped from Rs 140-odd levels and is trading at Rs 113 levels.
Things do not look good at current levels, as the stock may fall further.
Stop-loss can be kept at Rs 105.

Suzlon Energy (CMP: 51.21)

D'Cunha: Sell

Might see a decline in earnings.
Margin of safety practically zero with such a high multiple.
Unless you can see visibility on sustainability of operations, order books and profit margins, you're buying into expensive proposition.
From a risk-return basis, not a great opportunity.
Exit and look at stronger companies.

Sharma: Hold

More 10-15% odd decline is possible.
Hold with short-term view.
Add positions on dips.
Look for targets close to Rs 60 and beyond after that.

HAL (CMP: Rs 4,030.70)

D'Cunha: Sell

Better to book profits.
Enter when valuations become reasonable.

L&T (CMP: Rs 3,054.15)

D'Cunha: Hold

Continue to hold the stock.
Trading at a reasonable valuation.
Order book could grow significantly.

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.