Buy, Sell Or Hold: ICICI Bank, Premier Energies, Tata Motors, Biocon — Ask Profit

Should you hold shares of Tata Motors Ltd.? Should you add shares of Premier Energies Ltd. at the current market price? Have you lost the chance to add shares of Gujarat State Fertilizers & Chemicals Ltd.? Is it the right time to exit ICICI Bank Ltd.?

Dinesh Saney, senior equity research analyst at Invest4edu, and Sarvendra Srivastava of 5 Waves Official, provided insights on these investor queries and more on NDTV Profit's Ask Profit show.

Dinesh: Hold

• The recommendation is to hold the stock, especially for long-term investors with a horizon of around five years.

• As India moves toward a projected $7-trillion GDP over the next five years, the private banking sector is expected to play a pivotal role in driving and supporting this growth.

Dinesh: Hold

• The company has been performing well, with its top band over the last three years showing strong growth.

• The main concern is the rising debt levels, but given the consistent improvement in financial numbers, this may not be a major issue for investors.

• Those holding the stock can consider maintaining their position.

Dinesh: Wait

• Month-on-month performance in the passenger vehicle segment shows a mixed trend, with some companies doing well while others are lagging.

• If the electric vehicle segment is expected to grow and export volumes are likely to increase, it could encourage investors to consider accumulating stocks in companies.

Dinesh: Hold

• The company delivered strong results in the recent quarter, reflecting solid operational performance.

• Its debt levels are coming down, supported by funds raised through the qualified institutional placement.

• With improving fundamentals and positive developments, investors may consider holding the stock for the long term.

Sarvendra: Stock consolidating

• Over the past five–six months, the stock has been consolidating within a range of Rs 300 to Rs 400, which now appears to be its broad trading band.

• Rs 300 serves as a potential support level where one might consider initiating long trades.

Sarvendra: Exit

• The stock is currently trading below all key moving averages — short, medium and long term.

• Unless it reclaims the short-term psychological level of Rs 200, it would be advisable to exit from 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.