Should you buy shares of Cipla Ltd. at the current market price? Is Nuvama Wealth Management Ltd. a good choice from a long-term perspective? Should you keep holding shares of Jubilant FoodWorks Ltd.?
Mahesh Ojha, assistant vice president of research at Hensex Securities, and Vikas Jain, head of research at Reliance Securities, answered these investor queries and more on NDTV Profit's Ask Profit show.
Nuvama (CMP: Rs 5,351.80 )
Jain: Hold and Sell
If the broader markets gain a strong amount of up-move, the stock price can move further.
Either one can trail stop-loss to around Rs 5,200 for purchase price, or exit near Rs 5,750 to Rs 5,800, which is the immediate target.
Ojha: Buy
Buy on a one-year horizon from current levels.
May reach more than Rs 7,000 levels in one year.
Hindustan Aeronautics (CMP: Rs 3,439.90)
Jain: Hold
Structure remains positive from current levels.
Average at current levels.
Average price near to Rs 3,850–3,900 levels will be the probable target for the next two to six months.
Cipla (CMP: Rs 1,492.60)
Ojha: Buy
Buy near Rs 1,420–1,440 levels.
Optimistic on contract-development-and-manufacturing-organisation space.
Jubilant FoodWorks (CMP: Rs 618.65)
Ojha: Hold
Horizon up to two years may see up to more than Rs 900 levels.
May see Rs 700 levels in the one-year horizon.
Bullish on the stock.
Zomato (CMP: Rs 203.69)
Jain: Sell
Structure remains pretty weak.
May decline near to Rs 165–180 levels.
Should not average, exit on rallies near Rs 212–215.
Ircon International (CMP: Rs 138.17 )
Ojha: Buy
Buy on Rs 220–240 levels.
Fundamentals are good, hold on a three-to-six-month horizon.
Jain: Buy
Positive on short term.
Almost nine-to-12 months of strong corrective action.
Stock may revive back to Rs 175–180 on an immediate basis.
SAIL (CMP: Rs 106.14 )
Jain: Sell
Stock is making good amount of support at Rs 200-odd levels and witnessing a bounceback.
Another 5–7% upmove can be expect at Rs 213–214.
Remain invested and exit near Rs 213–214 levels.
Yes Bank (CMP: Rs 16.11)
Jain: Sell
One of the most underperforming stocks, will take a lot of time to recover.
Continues to disappoint.
Around Rs 17.5–18 will be the ideal price levels to exit.
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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