Buy, Sell Or Hold: JM Financial, RBL Bank, KPIT Technologies, Chennai Petroleum — Ask Profit
Markets analysts shared buy, sell and hold recommendations for stocks such as Yatharth Hospital and Inventurus Knowledge Solutions.
Should you hold shares of JM Financial Ltd.? Should you add shares of Yatharth Hospital & Trauma Care Services Ltd. at the current market price? Have you lost the chance to buy shares of RBL Bank Ltd. at an attractive price? Is it the right time to exit KPIT Technologies Ltd.?
Girish Sodani, co-founder of Ensure Capital and Sundar Kewat, technical and derivative analyst of Ashika Institutional Equity provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
JM Financial (CMP: Rs 165.80)
Girish: Bullish in long term
The company demonstrates strong fundamentals, along with consistent debt reduction and improving profit margins.
Long-term outlook for the stock remains bullish.
Investors may hold the stock around the range of Rs 120 for potential gains.
Yatharth Hospital & Trauma Care Services (CMP: Rs 575.35)
Girish: Positive
The company’s fundamentals looks strong and encouraging.
Quarterly net profit margins have surged by 30% compared to the same period last year, showing strong financial performance.
Expansion efforts are underway, with an increase in hospital bed capacity.
RBL Bank (CMP: Rs 253.90)
Girish: Wait and watch
The stock appears less compelling due to its financial performance.
Over the last two quarters, profit margin has stayed stagnant, indicating limited near-term growth.
It’s advisable to adopt a wait-and-watch approach, with upcoming earnings from the bank over the next two quarters.
KPIT Technologies (CMP: Rs 1,263.85)
Sundar: Witnessed selling pressure
The stock has established support around the Rs 1,200 level, providing a potential entry point for investors.
Selling pressure was seen at higher price levels, showing resistance and potential volatility.
Investors looking to buy may consider doing so near the Rs 1,200 range.
Inventurus Knowledge Solutions (CMP: Rs 1,597.90)
Girish: Hold
The company showed strong fundamentals along with reducing its debt.
It is pursuing ambitious growth projections, showing a positive long-term outlook.
Investors are advised to hold the stock by maintaining a stop-loss range of Rs 1,390-Rs 1,400.
Chennai Petroleum Corp. (CMP: Rs 771.05)
Girish: Book profit
Consider booking 30–35% of current profits, as petroleum companies are facing challenges related to tax policies and falling sales figures.
Retain the remaining position in the stock by maintaining a stop-loss range of Rs 500-Rs 550.
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.
