Buy, Sell Or Hold: Paytm, LIC, Mazagon Dock, BEL And Varun Beverages — Ask Profit

Market experts shared their insights on fundamentals and technical levels for key stocks such as Paytm, LIC, Mazagon Dock, BEL and Varun Beverages.

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Market experts shared their insights on fundamentals and technical levels for key stocks.
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Should you add shares of Polycab India Ltd.? Should you hold shares of Life Insurance Corp. at the current market price? Have you lost the chance to buy shares of Mazagon Dock Shipbuilders Ltd. at an attractive price? Should you sell shares of  Bharat Electronics Ltd.?

CA Tapan Doshi, Research Analyst, www.catapan.in and Ruchit Jain, head of technical research at Motilal Financial Services Ltd. provided insights on these investor queries and more on NDTV Profit's Ask Profit show.

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Polycab India (CMP: Rs 8,300)

Doshi: Wait And Watch

  • Not too optimistic on wires industry.
  • Stay away from this space for now.
  • Wait and watch

Life Insurance Corp. (CMP: Rs 415.35)

Doshi: Wait And Watch

  • More selling pressure will come at the top.
  • Market share is going down, more competition.
  • Wait for two quarters more, then take a decision.

Mazagon Dock Shipbuilders (CMP: Rs 2,475)

Doshi: Hold

  • Hold the stock.
  • Buy on dips.

ALSO READ: Trade Setup For Sept 7: Nifty Finds Support At 23,750-23,700 As GIFT Futures, Global Markets Trade Lower

Paytm (CMP: Rs 1,659.50)

Doshi: Buy

  • Buy the stock on dips.

Bharat Electronics (CMP: Rs 405.35)

Doshi: Buy

  • Can add more of this stock.

Varun Beverages (CMP: Rs 407.60)

Doshi: Avoid

  • Long term view is not so bullish

ALSO READ: Gold, Silver Prices Likely To Face Volatility This Week As Iran Tensions Take Centre Stage: Analysts

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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