Should you add shares of Star Health and Allied Insurance Company Ltd.? Should you hold shares of Bharat Forge Ltd. at the current market price? Have you lost the chance to buy Bharat Heavy Electricals Ltd.'s stock at an attractive price?
Kush Bohra, Founder Kushbohra.Com and Shahina Mukadam, Independent Market Expert provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Star Health and Allied Insurance Company Ltd. (CMP: Rs 522.15)
Kush: Sell
- Stock is not doing well despite market preference.
- Stock has seen market recovery in last 2-3 months.
- Don't hold for a long time. Ranked underperformer.
- SBI Life is better in insurance space.
Shahina: Hold
- Numbers look quite decent.
- Stock at current levels look decent.
- Hold and track it closely to see growth.
Bharat Forge Ltd. (CMP: Rs 1,865.10)
Shahina: Hold
- There could be some softness in terms of growth.
- Defence order book has huge potential.
- Hold it for 3-6 months view and then review.
- Stock could see some consolidation.
Bharat Heavy Electricals Ltd. (CMP: Rs 398.10)
Kush: Book profits
- Stock was not able to cross Rs 300-310 level in the last 2-3 weeks.
- Very strong momentum, very strong volume action.
- Stock is overheated so can take some money off the table.
- Re-entry point could be Rs 360-365.
Solar Industries India Ltd. (CMP: Rs 15,711.00)
Kush: Add
- Stock has a fairly good run but now is in consolidation phase.
- Good entry point is around Rs 15,200 range.
- On the way up, the stock could hit Rs 16,000 to Rs 18,000 in coming months.
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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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