Should you hold shares of IDFC First? Should you add shares of UPL Ltd. at the current market price? Have you lost the chance to buy shares of Billionbrains Garage Ventures Ltd. at an attractive price? Is it the right time to exit Vishal Mega Mart ?
Avinash Gorakshakar, Research Analyst, Avinashmentors.com, Ajit Mishra, SVP - Research, Religare Broking, and Gaurav Sharma, Associate VP, Globe Capital provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Vishal Mega Mart (CMP: Rs 116.76)
Avinash: Hold
- Vishal Mega Mart has been delivering strong numbers QoQ
- Retail segment which operates in Tier 3-4 markets.
- Competitive pricing, strong customer base
IDFC First: (CMP: Rs 69.95)
Avinash: Hold
- Bank has taken responsibility for the fraud happened at Chandigarh branch.
- Dent will be provisioned in Q4 numbers.
- Short term stock has corrected significantly.
- Don't see a further damage. Hold. Don't sell in panic.
- Will neutralise in longer term. Wait for Q4.
Angel One Ltd. (CMP: Rs 2,490.00)
Avinash: Book partial profits
- Volumes won't be impacted.
- Reactions only in short-term.
- No big negative for broking business for long term
Infosys Ltd. (Rs 1326.70)
Avinash - Hold
- Better to average stock in short-term.
- AI won't impact in the long run.
- Investor can expect decent risk-reward after 12-18 months.
Ola Electric Mobility Ltd. (CMP: Rs 25.8)
Ajit: Sell
- Gradual or grinding decline stock is at record low.
- Doubtful for strong recovery.
UPL Ltd. (CMP: Rs 651.60)
Avinash: Hold
- Market is confused and uncertain.
- Exiusting shareholders would benefit.
- Not advisable to sell in panic.
- Wait will management commentary
KEC International Ltd. (CMP: Rs 584)
Gaurav: Hold
- Trend is likely here.
- Stock could come down to Rs 550.
Rapid Fire With Avinash Gorakshakar And Gaurav Sharma
- Apollo Tyres Ltd.- Hold
- KPR Mill Ltd. - Hold
- Tata Consultancy Services Ltd. (TCS) - Hold, even average
- Hindustan Aeronautics Ltd. (HAL) - Not good for short-term
- Billionbrains Garage Ventures Ltd. (Groww) - Hold
- DEE Development Engineers Ltd. - Hold, don't buy fresh
- Indian Bank - Hold
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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