Buy, Sell Or Hold: Mazagon Dock, IRFC, SRF, Sky Gold — Ask Profit

Should you buy the shares of Mazagon Dock Shipbuilders Ltd. at the current market price? Is Angel One Ltd. a good choice from a long-term perspective? Should you keep holding Sky Gold Ltd.? Is it the right time to exit SRF Ltd. to book profit?

Ravi Singh of Religare Broking and Mahesh M. Ojha of Hensex Securities answered these investor queries and more on NDTV Profit's Ask Profit show.

Mazagon Dock Shipbuilders (CMP: Rs 2,232.30)

Singh: Hold

• The stock is considered an attractive buy at Rs 2,200 levels.

• Investors can add on to their positions with an upside target of Rs 2,400-2,500.

• Can hold on to the stock with a stop loss of Rs 2,150.

Angel One (CMP: Rs 2,371.55)

Singh: Exit

• The stock has seen enough correction in the short term, and the correction is expected to continue till Rs 2,100 levels.

• Investors can switch positions to Multi Commodity Exchange of India Ltd. or BSE Ltd. as these stocks have an upside potential.

• Investor can exit from Angel One at current levels.

Sky Gold (CMP: Rs 361.25)

Ojha: Buy

• The fundamental of the stock looks strong.

• Investors can buy at the current levels.

• The stock has an upside potential of Rs 450-460 levels.

SRF Ltd. (CMP: Rs 2,509.80)

Singh: Don't exit completely

• Investors can partially exit.

• However, one should not exit completely as the stock has enough potential to achieve Rs 3,500 target in the longer term.

Indian Railway Finance Corporation Ltd. (CMP: Rs 135.75)

Singh: Hold

• Railway stocks are expected to see some upward movement with the upcoming budget.

• At the current market price, investors can consider making investments with a stop loss at Rs 125.

• The immediate target range is of Rs 155-165 levels.

Intellect Design Arena Ltd. (CMP: Rs 901.70)

Singh: Exit

• Set a stop loss at Rs 880, as the stock may continue to decline.

• Exit the stock if it falls below Rs 880, as it could drop further to the Rs 800 range.