Buy, Sell Or Hold: Titan, TCS, Canara Bank, Zomato, IRFC, Container Corp — Ask Profit

Should you buy shares of Titan Co. and Samvardhana Motherson International Ltd. at the current market price? Is Container Corp. a good choice from a long-term perspective? Should you keep holding shares of Zomato Ltd. and Canara Bank?

Ravi Singh, senior vice president of retail research at Religare Broking, and Mahesh Ojha, research analyst at Hensex Securities Pvt, answered these investor queries and more on NDTV Profit's Ask Profit show.

Titan (CMP: Rs 3,048.50)

Singh: Buy

• Buy and accumulate shares of Titan, with a stop loss at Rs 2,800.

• Positive returns expected in upcoming months.

Zomato (CMP: Rs 227.61)

Singh: Hold

• Average the stock at Rs 210 to Rs 220 level.

• Stock is expected to hit Rs 285 to Rs 290.

Container Corp (CMP: Rs 628.40)

Singh: Sell

• Wait till a stop loss of Rs 570, and average at the Rs 610 level.

• Bullish on IRFC and RVNL in this space.

Tata Consultancy Services (CMP: Rs 3,532.05)

Ojha: Buy

• Levels are good even with negative aspects factored in.

• Any downside could be a good buying opportunity.

GlaxoSmithKline Pharmaceuticals (CMP: Rs 2,647.55)

Singh: Hold

• Structure of the stock is good, with strong fundamental capacity.

• Has potential to breach Rs 3,200 level.

Ojha: Buy

• Stock possesses good upside potential.

• Optimistic for Rs 2,950 to Rs 3,000 level in the next three to six months.

Samvardhana Motherson (CMP: Rs 119.41)

Singh: Sell

• Right time to book profits as stock is expected to undergo major correction.

Indian Railway Finance Corp (CMP: Rs 114.59)

Singh: Buy

• IRFC is near its long-term support, and consolidating at attractive levels.

• Enter at current market levels.

Canara Bank (CMP: Rs 81.94)

Singh: Buy

• Enter at Rs 75 level.

• Stock is expected to hit target to Rs 120 in the next eight to nine months.

Ojha: Hold

• Stock has much more potential for upside, especially with a subsidiary expected to list.

• Expect Rs 94 to Rs 95 level in the near-term.