Should you add shares of Billionbrains Garage Ventures Ltd. (Groww)? Should you hold shares of Kaynes Technology India Ltd. at the current market price? Have you lost the chance to buy Marico Ltd. at an attractive price? Should you sell shares of Ather Energy Ltd.?
Rahul Sharma Director/Head - Equity Research - Equity99 Investment Advisors and Nandish Shah, AVP– PCG Research & Advisory, Wealth Management, Motilal Oswal Financial Service provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Kaynes Technology India Ltd. (CMP: Rs 3,896.50)
Rahul: Wait and Watch
- This season is more on how the results are playing.
- Wait for Q1 Results.
Nandish: Hold
- Positive on Kaynes and we are aware of issues.
- Management promises to resolve cash-flow issues.
- Business model will be changed.
Ather Energy Ltd. (CMP: Rs 1,468.00)
Nandish: Hold
- Recent fundraise has raised confidence in electric vehicle space.
- Sole listed player in electric vehicle player.
- Hold and can even add.
Marico Ltd. (CMP: Rs 852)
Rahul: Hold
- Momentum can come back.
- Stock has got good potential and results are positive.
- Hold with target price of Rs 950.
Billionbrains Garage Ventures Ltd. (Groww) (CMP: Rs 191.94)
Rahul: Hold
- Groww has been growing in terms of business.
- Stock should be kept for long-term.
Azad India Mobility Ltd. (CMP: Rs 95.00)
Rahul: Hold
- Azad India Mobility is specialised manufacture of electrical coaches and buses.
- A rounding bottom formation is continuing.
- If stock crosses Rs 103-104, massive move is possible.
- Hold with a stop loss of Rs 85
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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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