Should you hold shares of Max Estates Ltd.? Should you add shares of VA Tech Wabag Ltd. at the current market price? Have you lost the chance to buy shares of Swiggy Ltd. at an attractive price? Is it the right time to exit Force Motors Ltd.?
Sameer Dalal of Natverlal & Sons Stockbrokers Pvt Ltd. provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Max Estates (CMP: Rs 387.95)
Sameer: Wait and Watch
- Long-growth story remains.
- Real estate faces difficulty if interest rates rise due to rising inflation.
- Profitability affected in pre-sold projects.
- Book profits if holding stock for short-term.
- Hold if holding for long term.
VA Tech Wabag (CMP: Rs 1,187)
Sameer: Buy in small lots
- Stock is positive. Valuations have come off a bit.
- Market will see an uptick in water treatment, sewage plant, salination.
- Good opportunity in space to look at.
Swiggy (CMP: Rs 301.5)
Sameer: Hold
- Food delivery business will turn profitable.
- Too much competition in the space.
- Profitability may not come as originally anticipated.
- Negative view on full Q-comm space.
Bank of Maharashtra (CMP: Rs 65.9)
Sameer: Hold
- Loan waiver is a big negative.
- If inflation rises, not good for banking.
- Growth story has been pushed back by six months
Rapid Fire By Sameer Dalal
- Epack Durable Ltd: Buy
- Sterling and Wilson Renewable Energy Ltd: Buy
- Force Motors Ltd: Don't buy
- Lemon Tree Hotels Ltd: Hold
- Tata Motors Commercial Vehicles: Hold
- Urban Company Ltd: Avoid
- Hindustan Aeronautics Ltd: Hold
- Tata Motors Passenger Vehicles: Buy
- Power Grid Corporation of India Ltd: Buy in small quantities
- Vedanta Ltd:Avoid
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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