Buy, Sell Or Hold: Lupin, BEL, Bharti Airtel, IndusInd Bank, NHPC — Ask Profit
Should you buy shares of Lupin at the current market price? Have you lost the opportunity to buy stocks of Central Depository Services (India) Ltd.? Is Bharat Electronics Ltd. a good choice from a long-term perspective? Should you sell shares of Bharti Airtel Ltd. at the current market price?
Narendra Solanki, head of fundamental research – investment services at Anand Rathi Shares 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.
Lupin (CMP: Rs 1,966.9)
Kewat: Hold
Major trend for the stock remains positive despite facing selling pressure on Tuesday.
Remain invested in the stock.
On higher level, the target is expected to be Rs 2,800 in the coming quarters.
BEL (CMP: Rs 363.80)
Kewat: Buy On Dips
Stock is into an uptrend.
Stock has experienced profit booking for two days.
Will not be surprised to see the stock at Rs 320.
Stock looks positive overall.
Buy on dips.
Bharti Airtel (CMP:Rs 1,808.9)
Solanki: Hold
Positive view oF the stock.
The AGR disappointment has been there for the overall sector for the past few years.
Markets already largely priced in the AGR situation.
Results were "very good" for fiscal 2025.
Other fundamentals also strong.
Hold for medium to long term.
Target of Rs 2,100 on the stock.
Astral (CMP:Rs 1,365.20)
Kewat: Hold
Positive on charts.
Stock had a breakout followed by a retest.
Good opportunity to buy too.
Short-term and mid-term moving averages show the stock still has potential to move up.
Recommend hold as there is no valid reason to exit.
Keep stoploss at around Rs 1,245.
CDSL (CMP:Rs 1,448.6)
Kewat: Buy On Surge
If the stock crosses above the current level, it could climb further quickly.
Would not be surprised to see it trading at around Rs 1,980 levels in coming months.
Solanki: Buy
Valuations are still not cheap.
Overall business is unique.
Current demat additions have been very healthy.
Correction mode of the market has impacted it in the near term.
Medium to long term looks very promising.
IndusInd Bank (CMP:Rs 782.25)
Solanki: Sell
Negative views, volatility and lack of information in the public.
Long term perspective does not bode well.
Medium-term outlook very uncertain.
Definitely move out of this stock.
NHPC (CMP: Rs 86.61)
Kewat: Avoid
Structure doesn't look that attractive.
Would not be interested in going long on the stock.
Support level is Rs 81 or Rs 82 levels for adding the stock if one wishes to.
Stock is not attractive.
Power Grid Corp. (CMP:Rs 297.9)
Solanki: Hold
Infrastructure needs to be improved.
Growth of 11-12% for the company is achievable in four to five years.
Lots of revenue from order books.
Hold for medium to long term.
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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