Should you add shares of Infosys Ltd? Should you hold shares of Coforge Ltd. at the current market price? Have you lost the chance to buy Himadri Speciality Chemical Ltd. at an attractive price?
Sameer Dalal Natverlal & sons Stockbrokers Pvt Ltd. and Sachin Janardan Sarvade, AVP Derivatives, Retail Research, IDBI Capital Markets and Securities Limited provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Infosys Ltd. (CMP: Rs 1,168.60)
Sameer: Hold
- Growth guidance are not encouraging.
- Growth has started to taper off from COVID-times.
- Valuations de-rating in IT seems difficult.
- Margins will improve once AI integration happens in the sector.
- Stock will see growth in a year or more.
ALSO READ: Infosys Shares Fall To December 2020 Levels After Weak Q4: Should You Buy, Sell Or Hold?
Himadri Speciality Chemical Ltd. (CMP: Rs 572.05)
Sachin: Hold
- Trend on the stock is strong with good structure.
- Stock has fallen from all-time high around 44%
- Recovery is done, Base is done around 20-month average.
- Stock has recovered 65%. Hold the stock.
Coforge Ltd. (CMP: Rs 1,144.60)
Sameer: Wait and watch
- Not a sell for sure at current market price.
- Wait for stock to stabilise. Don't average out.
- Growth is a serious concern for this company.
- Stocks will rally but not immediately.
Sterling and Wilson Renewable Energy Ltd. (CMP: Rs 214.77)
Sameer: Hold
- Surprised with Q4 results where topline didn't grow.
- Margins came more than expected.
- Company in active discussion with RIL for orders.
- Positive for the stock but a lot depends on the order.
Jyoti CNC Automation Ltd. (CMP: Rs 732.20)
Sachin: Sell
- Stock is trading in lower high - lower low formation.
- Trend is negative for the stock.
- If anyone is holding the stock, should sell it.
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.
ALSO READ: Q4 Results Live Updates: RIL, Hind Zinc, Adani Green And IndusInd Bank To Report Earnings Today
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