ADVERTISEMENT

Buy, Sell Or Hold: Sagility, Airtel, Bharat Electronics, Colgate — Ask Profit

Market analysts also shared insights for short-term and long-term investors on whether to buy, sell or hold the stocks of M&M and Force Motors, among others.

<div class="paragraphs"><p>Gaurav Sharma of Globe Capital and G Chokkalingam of Equinomics Research answered an array of investor queries on NDTV Profit's <em>Ask Profit</em> show. (Representative image. Source: Envato)</p></div>
Gaurav Sharma of Globe Capital and G Chokkalingam of Equinomics Research answered an array of investor queries on NDTV Profit's Ask Profit show. (Representative image. Source: Envato)

Should you buy shares of Sagility India Ltd. and Bharat Electronics Ltd. at the current market price? Is Bharti Airtel Ltd. a good choice from a long-term perspective? Should you keep holding shares of Force Motors Ltd. and Colgate-Palmolive (India) Ltd.? Is it the right time to exit Mahindra & Mahindra Ltd.?

Gaurav Sharma, associate vice president and head of technical and derivatives research at Globe Capital and G Chokkalingam, founder and head of research at Equinomics Research , answered these investor queries and more on NDTV Profit's Ask Profit show.

Sagility (CMP: Rs 42.86)

Sharma: Hold

  • Short-term volatility expected.

  • Among the worst-hit in the broader IT sector due to reciprocal tariffs and uncertainties.

  • Stock is near its support level of Rs 45 and should reach that level soon.

  • Consider adding for a one-year-plus view.

Opinion
Nifty Top Gainers And Losers On Feb. 28: From HDFC Bank, Infosys To Coal India, TCS

BEL (CMP: Rs 246.25)

Chokkalingam: Hold

  • Despite correction, valuations remain stretched.

  • Long-term potential; could cross Rs 350 in one to two years.

  • Wait for two to three weeks before accumulating more, given market weakness.

Sharma: Buy

  • This is a public sector undertaking that has been deeply beaten down.

  • Support level around Rs 240; slight accumulation recommended.

Airtel (CMP: Rs 1,570.2)

Sharma: Buy

  • One of the Indian equities that has outperformed benchmarks.

  • Has not fallen significantly despite a 5% dip in markets today.

  • Healthy chart in short and long term.

  • Accumulate if it reaches Rs 1,520 levels.

Opinion
Airtel Confirms Talks With Tata Group For Potential Combination Of D2H Business

Force Motors (CMP: Rs 6,671.15)

Chokkalingam: Hold

  • Negative on the automobile sector due to weak January and February sales.

  • Industry growth remains in single digits.

  • Stock is fundamentally strong and cheaply valued.

  • Buy more if it declines 5-10%.

Sharma: Positive on charts

  • Strong consolidation at lower levels.

  • If it sustains around Rs 7,200, a breakout to Rs 8,400 is likely.

  • Should not fall below Rs 6,000 in the near term.

Colgate-Palmolive (CMP: Rs 2,464.6)

Chokkalingam: Buy

  • Close to 52-week low, a good company to enter.

  • Oil is a key import for the company, and falling oil prices benefit Colgate.

  • If Trump ramps up US oil output, then it could further drive oil prices lower.

  • Buy for medium-to-short term but decide before March 31.

Mahindra & Mahindra (CMP: Rs 2,585.10)

Chokkalingam: Hold

  • Long-term target above Rs 3,000.

  • Short-term correction likely due to weak automobile growth.

  • SUV growth has shrunk from 30-35% year-on-year to 8%.

  • M&M's tractor business remains profitable.

  • Buy if it corrects 5-8% more.

Opinion
'Our Products Speak For Themselves': Mahindra Group's Anish Shah Unfazed By Tesla's India Plans

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.

Watch The Video Here

OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit