Should you buy shares of SJVN Ltd. at the current price? Is SRF Ltd. a good choice from a long-term perspective? Should you keep holding Oil and Natural Gas Corp., and is it the right time to exit KPIT Technologies Ltd. and book profit?
Manish Choudhary, head of research at Stoxbox and Ravi Singh, senior vice president for retail research at Religare Broking, answered these investor queries and more on NDTV Profit's Ask Profit show.
Dabur India Ltd. (CMP: Rs 521.15)
Choudhary: Hold for one year
Urban demand is saturating more, but rural recovery continues.
Welfare schemes may slowly increase consumption in rural space.
Hold the stock for at least one year.
SJVN (CMP: Rs 100.68)
Choudhary: Sell
Stock looks expensive on the valuation front compared to its historical averages.
Commissioning of power projects will take at least five to six years, so no immediate earnings surprises.
KPIT Technologies (CMP: Rs 1,430.15)
Choudhary: Sell
Pain still visible in information technology sector earnings.
Recovery in sector still not visible.
Avoid IT, book profits and wait for a quarter to see an upturn.
GMR Airports Ltd. (CMP: Rs 76.08)
Choudhary: Avoid
Company still hasn't achieved profitability.
Better to avoid due to the debt it is accumulating each year.
Avoid until there is some clarity.
Indraprastha Gas Ltd. (CMP: Rs 419.50)
Singh: Buy
See a target of Rs 550 for the stock.
Buy with a stop loss of Rs 380.
Bank Of Baroda Ltd. (CMP: Rs 231.04)
Singh: Buy
Attractive at Rs 225-230 levels for a target of Rs 285.
Buy with a stop loss of Rs 280.
SRF Ltd. (CMP: Rs 2,673.9)
Choudhary: Hold
Chemical prices are showing a trend of bottoming out.
Hold for two years.
ONGC (CMP: Rs 263.18)
Singh: Hold
Strong support at Rs 250 levels.
Technical parameters are supporting a 'buy' trend.
Hold for three months with a target of Rs 280.
For six months, the target will be at Rs 310 levels.
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