Buy, Sell Or Hold: Tata Steel, HUL, HAL, Amara Raja, Dabur, Federal Bank — Ask Profit
Analysts also share insights on share prices of Prince Pipes and Fittings, Tata Power and Yes Bank.
Should you buy shares of Tata Steel Ltd. and Hindustan Unilever Ltd. at the current market price? Is Hindustan Aeronautics Ltd. and the Federal Bank Ltd. a good choice from a long-term perspective? Should you keep holding shares of Prince Pipes and Fittings Ltd. and Amara Raja Energy & Mobility Ltd.? Is it the right time to exit Yes Bank Ltd.?
Manish Chowdhury, head of research at StoxBox, and Ravi Singh, senior vice president of retail research at Religare Broking, answered these investor queries and more on NDTV Profit's Ask Profit show.
Tata Steel (CMP: Rs 138.04)
Singh: Hold and add more.
The stock is currently struggling, but the overall structure looks good.
Better to hold the stock.
In long-term and short-term prospects, you can add at current levels.
Next target will be around Rs 170–180 levels.
HAL (CMP: Rs 3,408.55)
Chowdhury: Hold
From a long-term perspective, HAL has a very good order book.
In the next few months, more order book may be coming in.
As the stock has corrected, the valuations look more comfortable.
It is a perfect portfolio stock for investors for long-term perspective.
Hold on to the stock.
Dabur India (CMP: Rs 510.35)
Chowdhury: Buy
The stock is a great buy at current levels.
Valuation-wise looks great for a long-term perspective.
Federal Bank (CMP: Rs 184.38)
Chowdhury: Buy
From here on, the numbers of Federal Bank will be good.
Suggest a 'buy' for the stock.
Yes Bank (CMP: Rs 18.21)
Singh: Avoid the stock.
There is a narrow range between Rs 16 and Rs 22 levels, so it's better to do the trading.
In the long-term perspective, one should avoid this stock.
Buy at Rs 17–18 levels for the target of Rs 22.
Once it reaches Rs 22 levels, suggest exit.
HUL (CMP: Rs 2,248.05)
Chowdhury: Buy
It is a perfect stock to buy at current levels.
The FMCG sector has seen decline last year, but it has seen premium valuation historically.
Suggest a 'buy' for the stock.
ALSO READ
HUL, Maruti Suzuki, Siemens Among Hurun's Most-Valuable Foreign Subsidiaries Listed In India
Amara Raja (CMP: Rs 1,045.60)
Chowdhury: Exit
For at least a one-year perspective, do not see the earnings trajectory improving.
Suggest to exit the stock.
Tata Power (CMP: Rs 357.95)
Singh: Avoid the stock.
The stock structure is looking strong now.
One may see the bottom outing phase soon.
Hold for the target of Rs 390–400 levels.
The stock is very strongly structured, hold for the long-term perspective.
Prince Pipes (CMP: Rs 270.30)
Chowdhury: Hold
With the rise in real-estate, materials segments should do well now.
The valuation of the stock looks good.
Suggest holding the stock for one–two year perspective.
Watch
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.
