Should you add shares of Oracle Financial Services Software Ltd.? Should you hold shares of Mahindra And Mahindra Ltd. at the current market price? Have you lost the chance to buy Hyundai Motor India Ltd. at an attractive price?
Saurabh Jain, Equity Head, Research, SMC Global Securities, Gaurav Sharma, Associate VP & HOR Globe Capital, and Ajit Mishra, SVP-Research, Religare Broking provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Oracle Financial Services Software Ltd. (CMP: Rs 9,350.50)
Gaurav: Hold
- Bullish on the stock as far IT is concerned.
- Immediate upside momentum is Rs 9,600-9,700.
- Stock has witness negativity and yet has maintained growth trajectory.
Hyundai Motor India Ltd. (CMP: Rs 1,835.50)
Saurabh: Sell
- Stock was expected to get a boost when excise duty was cut.
- However, this company always lacks in volumes below industry average.
- That explains why stock doesn't do well.
- Invest in utilities sector instead.
Mahindra And Mahindra Ltd. (CMP: Rs 3,074.30)
Saurabh: Hold
- Stock has underperformed this year partially.
- Cooling off consolidation for the stocks.
- Company is doing well in all their segments.
Data Patterns (India) Ltd. (CMP: Rs 4,012.10)
Gaurav: Hold
- Stock has really performed well.
- Trading at unchartered territory trading at lifetime highest point.
- Hold with a trailing stop at Rs 3,800.
- Keep trailing stop with every rise.
Mishra Dhatu Nigam Ltd. (CMP: Rs 381.20)
Saurabh: Hold
- Quite positive on Mishra Dhatu stock.
- Hold for long term as earnings are likely to rise.
- Company produces a metal which no other produces.
- Hold for a long time.
Crompton Greaves Consumer Electricals Ltd. (CMP: Rs 257.27)
Ajit: Hold
- Corrective trend for Crompton Greaves.
- Base formation for a couple months.
- May see Rebound towards Rs 275-280 area.
- Rs 235-240 as immediate base for stop loss.
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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