Should you add shares of State Bank of India Ltd.? Should you hold shares of Godrej Consumer Products Ltd. at the current market price? Have you lost the chance to buy shares of Mahindra & Mahindra Ltd. at an attractive price? Should you sell shares of HDFC Bank Ltd.?
Sachin Janardan Sarvade, Independent Market Expert and Nandish Shah, assistant vice president and research and advisory- PCG, Motilal Oswaal Financial Services, provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
State Bank of India (CMP: Rs 1,082)
Shah: Hold
- Amongst the PSU banks it's a preferred pick.
- June quarter numbers quite good.
- Better to hold on for longer term.
Godrej Consumer Products (CMP: Rs )
Sarvade: Sell
- People holding from positional point of view should exit on rise.
- Definitely a sell then.
Mahindra & Mahindra (CMP: Rs 3,403)
Shah: Buy
- Good time to buy and enter into stock at these levels.
- Target price at Rs 4,100.
- Looking at earnings growth of 24% for FY28.
ALSO READ: MTNL Q1 Results: Net Loss Narrows To Rs 842 Crore; Revenue Jumps 26%
Nippon Life India Asset Management (CMP: Rs 1,182)
Shah: Buy
- Preferred pick.
- Covers across all asset classes including ETFs.
National Aluminium Company (CMP: Rs 420)
Shah: Sell
- Better to book profits.
- Does not fit longer term trend.
HDFC Bank (CMP: Rs 729)
Shah: Buy
- Buy in a staggered manner.
- These are good levels.
- At least an investment horizon of more than two years.
ALSO READ: Apollo Hospitals Q1 Results: Profit Jumps 34%, Revenue Crosses Rs 7,000 Crore
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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