Should you add shares of Kalyan Jewellers Ltd.? Should you hold shares of ABB India Ltd. at the current market price? Have you lost the chance to buy Maruti Suzuki India Ltd. stock at an attractive price? Rajesh Agarwal, head of research, AUM Capital and Nilesh Jain, head assistant vice president - Technical And Derivatives Research,(Equity Research), Centrum Broking Ltd. in provided insights on these investor queries and more on NDTV Profit's Ask Profit show. Analysts provided insights on stocks such as Kalyan Jewellers, Cello World, IRCTC, ABB India , Force Motors, Maruti Suzuki India, and Natco Pharma.
Kalyan Jewellers (CMP: Rs 480.40 )
Jain: Avoid
The rally is completely different.
Gold prices are moving upward while the stock is moving sideways to negative.
We have seen short term breakdown as well.
Not advisable to buy at current levels.
If already purchased, keep stoploss at Rs 460.
Cello World (CMP: Rs 501 )
Jain: Buy For Long Term
Post listing we have seen some bit of uptick.
Stock is constantly witnessing selling pressure on pullback in last one year.
Keep a stoploss of Rs 470.
Buy in a staggered manner in tranches.
IRCTC (CMP: Rs 627.45)
Agarwal: Hold
Has monopoly business.
Only non monopoly business is tourism, doing well there too.
Any launches of new trains is a positive for the stock.
Surprised that the stock is making new 52 week lows.
Just a matter of time until stock start performing.
One can even add if funds allow, otherwise it's a share.
ABB India (CMP: Rs 4,935 )
Jain: Buy On Dips
Stock has a weak structure.
Not advisable to average at current structure.
Wait for a return.
Not advisable to average at current levels wait for some more decline.
Force Motors (CMP: Rs 20,495.00 )
Jain: Buy In Staggered Manner
The counter is seeing strong momentum,
Good consolidation on short term.
Buy in a staggered manner.
Stoploss below Rs 18,000.
Upside we are expecting a move towards Rs 22,000 to Rs 24,000.
Maruti Suzuki India (CMP: Rs 16,152)
Agarwal: Hold
Have positive coverage for a very long period of time.
Bullish on stock.
Company has been doing well.
Numbers have been quite exciting.
Believe that good growth will be there in topline and bottomline
But there has been runup in the stock in past few days
Hold for long term
Natco Pharma (CMP: Rs 891.95)
Agarwal: Buy
Company has been doing well.
Very good generics in oncology.
Entire pharma space has seen some kind of correction.
Hence stock is also down.
Buy for long term.
