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Buy, Sell Or Hold: HDFC Bank, Bharat Dynamics, United Spirits, HG Infra, SBI, Star Health — Ask Profit

Market analysts also shared buy, sell and hold recommendations for stocks like NCC.

Buy, Sell Or Hold
Buy, Sell Or Hold: HDFC Bank, Bharat Dynamics, United Spirits, HG Infra, SBI, Star Health — Ask Profit (Photo: Gemini)

Should you hold shares of HDFC Bank Ltd.? Should you add shares of State Bank of India at the current market price? Have you lost the chance to buy shares of United Spirits Ltd. at an attractive price? Is it the right time to exit NCC Ltd.?

Sarvendra Srivastava, market strategist from @5wavesofficial and Prashanth Tapse, research analyst at Mehta Equities Ltd., provided insights on these investor queries and more on NDTV Profit's Ask Profit show.

Vaishali Parekh, vice president of technical research at Prabhudas Lilladher Pvt., and Rajesh Agarwal, head of research at AUM Capital, also answered queries.

HDFC Bank (CMP: Rs 1,996.2)

Srivastava: Buy On Dips

  • If the stock reaches a safe area of Rs 1,750 to Rs 1,800, start buying more and averaging.

  • Do SIP of six months and gradually get into any correction.

Opinion
HDFC Bank To Consider Bonus Share Issue, Special Interim Dividend On July 19

Bharat Dynamics (CMP: Rs 1,802)

Srivastava: Wait And Watch

  • Stock looks very overbought, could give decent correction.

  • Wait and watch for one-three months.

  • Kudos to it, it put a new high when the Nifty has not been able to do so.

  • Best risk-reward is already in the price.

Opinion
Trade Setup For July 17: Nifty Crucial Support At 24,900–25,100

United Spirits (CMP: Rs 1,377.2)

Parekh: Buy

  • Overall, these stocks have been doing well.

  • Good upside coming in.

  • Even if it was to witness more correction, accumulate the stock.

  • Accumulate with support of Rs 1,320.

  • Look for a target of Rs 1,550 to Rs 1,600 levels for a period of one year.

HG Infra Engineering (CMP: Rs 1,103.5)

Tapse: Wait And Watch

  • Comfortable to have long term outlook at this time.

  • Looking for a near-term correction.

  • Not so happy to see dropping Ebitda margins in March earnings.

  • Take a call after seeing Q1 earnings.

State Bank Of India (CMP: Rs 831.7)

Tapse: Buy

  • Stock has been underperforming recently.

  • Will have biggest opportunity for long-term investors.

  • Long-term target should be anywhere near Rs 1,000.

  • Bullish on long term.

Opinion
SBI May Issue Rs 25,000-Crore QIP At 2-3% Discount To Market Price

Star Health and Allied Insurance Co (CMP: Rs 439.5)

Agarwal: Sell

  • Good company, no doubt.

  • Have a feeling that it will have satisfactory numbers.

  • Better to book profits.

NCC (CMP: Rs 228.95)

Tapse: Buy On Dips

  • Very optimistic on infrastructure space.

  • Attractive in terms of valuations.

  • Order book is three times its recent full year revenue.

  • Every dip has to be bought.

  • Target of Rs 280 to Rs 290 for next 12 months.

Opinion
NCC Bags Rs 2,269-Crore Contract For Mumbai Metro Line 6 Development

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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