Should you add shares of MTAR Technologies Ltd.? Should you hold shares of ITC Ltd. at the current market price? Have you lost the chance to buy Balaji Amines Ltd. stock at an attractive price? Should you sell shares of Britannia Industries Ltd.?
G Chokkalingam, Founder & MD, Equinomics Research and Kush Bohra, Founder Kushbohra.Com provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
MTAR Technologies Ltd. (CMP: Rs 7,197.50)
Kush: Hold
- Broadly the sector is very positive.
- Volumes on the healthy side.
- Rs 6100-6200 are the key support for this stock.
ITC Ltd. (CMP: Rs 285.00)
Chokkalingam: Hold
- Bullish for the stock for the next year.
- Management has indicated that they will hike cigarette price.
- Short-term it will be affected but agri sector doing well.
- The company gives good dividend as well.
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Balaji Amines Ltd. (CMP: Rs 2,123.80)
Kush: Hold
- Stock had near vertical rise.
- Stock is overheated and could see some profit booking.
- Hold with a trailing stop loss of Rs 2000.
Britannia Industries Ltd. (CMP: Rs 5,172.50)
Chokkalingam: Buy
- Britannia returns almost 85% of profit as dividend.
- Stock is close to 52-week low.
- Good buy at current price.
Kirloskar Oil Engines Ltd. (CMP: Rs 1,901.40)
Chokkalingam: Hold
- Valuation is stretched.
- Good stock if it moves another 5-10%
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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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