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Buy, Sell Or Hold: SBI, Infosys, Ashok Leyland, NMDC, And Dixon Technologies — Ask Profit

Buy, Sell Or Hold: SBI, Infosys, Ashok Leyland, NMDC, And Dixon Technologies — Ask Profit
Expert outlook: Analysts shared their insights on an array of stocks during NDTV Profit's 'Ask Profit' show.
Photo Source: Copilot

Should you hold shares of State Bank of India? Should you add shares of Ashok Leyland Ltd. at the current market price? Have you lost the chance to buy NMDC Ltd. shares of at an attractive price? Is it the right time to exit Dixon Technologies (India) Ltd.?

Akshay Bhagwat, senior vice president of JM Financial, and Lancelot D'Cunha, chief investment officer at Valuex Wealth Connect, provided insights on these investor queries and more on NDTV Profit's Ask Profit show.

Dixon Technologies (CMP: Rs 11,757)

Bhagwat: Hold

  • Been in a downtrend

  • More of a recovery rally in the past four-five trading sessions

  • Hold the stock

  • When Rs 13,000 levels are reached, take an exit

NMDC (CMP: Rs 84.47)

D'Cunha: Buy On Dips

  • Profit growth has been slow, return on equity low

  • Add on dips, exit at higher level

Titagarh Rail (CMP: Rs 777.60)

Bhagwat: Hold

  • Stock has been in downtrend

  • No positive price traction yet

  • Better to take an exit.

SBI (CMP: Rs 1,146)

D'Cunha: Buy On Dips

  • The bank has posted strong quarterly results

  • SBI is strongest in terms of technology and reach among PSBs

  • Most of their business is in rural and remote areas, with strong lending parameters

  • Wait for a pullback and add the stock

Ashok Leyland (CMP: Rs 205.80)

Bhagwat: Hold

  • Been a stellar run

  • Target projections at Rs 220-Rs 225

  • Continue to hold with these targets

Infosys (CMP: Rs 1,497.20)

D'Cunha: Hold

  • Continue to hold the stock.

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. 

ALSO READ: Stock Market Today: Sensex, Nifty Extend Gains For Second Day, Tracking Positive Global Cues

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

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