Should you add shares of HDFC Bank Ltd. ? Should you hold shares of Laurus Labs Ltd. at the current market price? Have you lost the chance to buy Sun Pharmaceuticals Industries Ltd. stock at an attractive price? Should you sell shares of Rallis India Ltd.?
Gaurav Sharma, VPN Head of Research at Globe Capital, and Saurabh Jain, Equity head research at SMC Global Securities provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Shipping Corp of India (CMP: Rs 279.50)
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
Saurabh Jain had a 'hold' call on Shipping Corporation of India or SCI at the current market price.
Trent (CMP: Rs 2,589)
Jain also recommends holding Trent for the short-term
- The stock has corrected in the last few quarters because of tapering growth
- Should wait for festive season gains
- Can re-evaluate after festive reason
Laurus Labs (CMP: Rs 1,962.60)
Saurabh Jain: Sell
- The company has come out with a good set of results for the last few quarters
- Lead to a re-rating
- But now it trades at a high valuation
- Taking money off the table would be a wise decision
- Book some profits
Rallis India (CMP: Rs 197.71)
Gaurav Sharma: Hold with tight stop loss
- Underperformer
- The only good thing is that it is trading close to its important support level
- 'Hold' with a stop loss at Rs 185 and hope for a reversal
SBFC Finance (CMP: Rs 82.75)
Gaurav Sharma: 'Don't Buy'
- The stock is looking weak
- I am expecting a further cut towards 80 and 77 odd levels
- Better to avoid the stock
Sun Pharma (CMP: Rs 1,785.90)
Saurabh Jain: Buy On Decline
- Accumulate on decline
- Story looks quite promising after recent acquisition
- I think it is a good portfolio stock for the long term
RVNL (CMP: Rs 196.43)
Saurabh Jain: 'Hold' for short-term
- Some kind of a degrowth has been witnessed, valuations have corrected right now
- stock has corrected quite a lot
- hold till quarterly earnings, then take a call
HDFC Bank (CMP: Rs 705.55)
Saurabh Jain: 'Hold'
- September quarter numbers are quite good
- Lot more clarity on the management side after Anup Baghchi appointment
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
