Buy, Sell Or Hold: NACL Industries, Hathway Cable, Dodla Dairy, Granules India, Garware Hi-Tech
Market analysts also shared buy, sell and hold recommendations for stocks like Crisil.
Should you hold shares of NACL Industries Ltd? Should you add shares of Garware Hi-Tech Films Ltd. at the current market price? Have you lost the chance to buy shares of Hathway Cable & Datacom Ltd. at an attractive price? Is it the right time to exit Dodla Dairy Ltd.?
Gaurav Sharma, associate vice president and head of research (equity, commodity and currency) at Globe Capital and Girish Sodani, co-founder at Ensure Capital provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
NACL Industries (CMP: Rs 315.7)
Girish: Avoid at current levels
The company's solid fundamentals and manageable debt levels make it an attractive candidate.
However, the current stock price appears elevated, limiting near-term upside.
A fair valuation range would be around Rs 225–Rs 250, based on analyst expectations.
Avoid entering at current levels; wait for price correction before considering a position.
Garware Hi-Tech Films (CMP: Rs 3,664.65)
Gaurav: Avoid
Investors are advised to avoid the stock and advised to focus on other companies.
The metal sector appears promising, with strong potential upside.
Tata Steel and Steel Authority of India Ltd. are solid picks due to their track records and performance consistency.
These companies are positioned well to benefit from sector momentum in the near term.
Hathway Cable & Datacom (CMP: Rs 15.88)
Girish: Avoid
The company's earnings performance from the past three quarters appeared weak.
Sentiment toward the cable industry is not bullish.
Avoid the stock for now and wait for stronger fundamentals or sector revival.
Dodla Dairy (CMP: Rs 1,337.35)
Gaurav: Reasonable Performance
Excluding the earnings-driven performance, the stock has performed reasonably well overall.
Maintain your position, with a stop-loss at Rs 1,290 to manage downside risk.
Crisil (CMP: 5,822.35)
Girish: Hold
The counter shows promising potential with a solid performance track record.
Investors may consider entering with 50% allocation at current levels and increase positions around the Rs 5,100–Rs 5,200 range.
Hold on to the counter for at least 12-18 months for potentially strong returns.
Granules India (CMP: Rs 494.2)
Gaurav: Book Profits
Investors are advised to book profits at current levels, as the stock has delivered only decent gains from a trading perspective.
A strong resistance zone is experienced around Rs 510–515, which may stop upside move in the near term.
From a six months perspective, the stock performance has been good, making it less attractive for longer-term holding.
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.
