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Buy, Sell Or Hold: ICICI Bank, ITC, Kalyan Jewellers, Mahindra & Mahindra, HDFC Bank And ONGC — Ask Profit

Market experts shared buy, sell and hold recommendations for an array of stocks including ICICI Bank, ITC, Kalyan Jewellers, M&M, HDFC Bank and ONGC.

Buy, Sell Or Hold: ICICI Bank, ITC, Kalyan Jewellers, Mahindra & Mahindra, HDFC Bank And ONGC — Ask Profit
Market experts shared buy, sell and hold recommendations for an array of stocks.
Photo Source: AI-Generated

Should you add shares of ICICI Bank Ltd.? Should you hold shares of ITC Ltd. at the current market price? Have you lost the chance to buy Kalyan Jewellers India Ltd. stock at an attractive price? Should you sell shares of Mahindra & Mahindra Ltd.?

Jatin Gedia, vice president - technical research at Teji Mandi Investment Technologies and and Jash Shah, Fundamental Research Analyst, Latin Manharlal provided insights on these investor queries and more on NDTV Profit's Ask Profit show.

ICICI Bank (CMP: Rs 1,500)

Gedia: Hold

  • Definitely continue to hold.
  • Trading at a three-month high in today's trading session.
  • Structure has been pretty positive.
  • One of the relatively outperforming stocks.
  • Trading stoploss at Rs 1,448.

ITC (CMP: Rs 278.85)

Shah: Hold

  • Things are moving well for the company.
  • Only overhang is cost pressure from Q3.
  • One quarter may be here and there.
  • But I think it's a hold.

Kalyan Jewellers India (CMP: Rs 560)

Shah: Hold

  • Looks good for one year.
  • Wil go up.
  • Revisit with every year, every quarter/
  • Should move further up.

Gedia: Hold

  • Hold with stoploss at Rs 507.

ALSO READ: Why Indian Listed Companies' M-Cap Hit Rs 500 Lakh Crore Despite Nifty Being 7% Below Highs

Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay

Mahindra & Mahindra (CMP: Rs 3,127.50)

Shah: Hold

  • Product mix is doing well for margins.
  • One can average the stock.
  • Revisit it after the next earnings.
  • Drought issues may impact farming.

Oil And Natural Gas Company (CMP: Rs 230 )

Gedia: Hold

  • Continue to hold.

HDFC Bank (CMP: Rs 760)

Shah: Hold

  • Hold and buy more.

ALSO READ: Q2 Results Live Updates: Welspun Enterprises Profit More Than Triples, Paras Healthcare Profit Up Multifold

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.

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

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