Should you buy shares of Indian Renewable Energy Development Agency Ltd. at the current market price? Is Wipro Ltd. a good choice from a long-term perspective? Should you keep holding Kalyan Jewellers India Ltd.? Is it the right time to exit KPIT Technologies Ltd. and book profit?
Prashant Tapse, research analyst at Mehta Equities, and Kushal Gandhi, technical analyst at Stoxbox, answered these investor queries and more on NDTV Profit's Ask Profit show.
Wipro (CMP: Rs 303.60)
Gandhi: Buy
Results were fantastic, seen follow through.
Shows high conviction in momentum, price action, risk reward.
Good for short term and long term.
Anant Raj (CMP: Rs 534.50)
Gandhi: Sell
Heavy selling pressure, might sustain further
Best to sell at current market price
Tapse: Wait And Watch
Trump 2.0 and DeepSeek raises big question for data-centre viability.
One has to wait and watch for stock to settle.
Management needs to make a statement to take a long call.
Maharashtra Scooters (CMP: Rs 9,057.05)
Gandhi: Sell
Get out of stock.
Selling pressure might sustain once it breaches below Rs 8,950 odds.
Relative strength of stoploss is poor.
Ireda (CMP: Rs 186.49)
Gandhi: Sell
Bearish implications might sustain.
Best to exit at current market structure.
Transformers And Rectifiers (India) (CMP: Rs 854.45)
Tapse: Buy More On Dips
Add more on the downside.
Lot of corporate actions undertaken.
One should buy at dips hold for one or two years.
KPIT Tech (CMP: Rs 1,259.10)
Gandhi: Hold
Stock has seen a dip in buyer demand, price strength.
Deteriorating EPS strength as well.
Hold with a very strict stoploss near Rs 1,225 levels.
Selling pressure to continue if it is breached.
Kalyan Jewellers (CMP:Rs 438.05)
Gandhi: Sell
The longer you wait, the more difficult it will be to exit.
Exit at the earliest.
Stock looks very weak on fundamental and technical parameters.
Tata Consultancy Services (CMP: Rs 4,040.30)
Gandhi: Hold
Recommend hold with a strict stop loss near Rs 3,920 as pivotal support.
Poorly placed in comparison to Wipro and Infosys.
Trading precariously in the demand zone.
Jio Financial Services (CMP: 233.40)
Tapse: Buy
Add more at Rs 220–230 levels.
Accumulate with a view of eight to 10 years.
TVS Motor Co (CMP: Rs 2,335.80)
Gandhi: Buy
Share price near the crucial demand zone.
Showing improving price strength.
Can do well amid competitors.
Premier Energies (CMP: Rs 880.10)
Tapse: Not Comfortable To Buy Right Now
Trump 2.0 triggered stock come-down.
Uncomfortable valuation right now.
Can do great in four to five years.
Lot of pain in a short period of time.
Gandhi: Sell
Possibility of cash up rally.
Selling pressure might sustain
Exit positions at rise in price trend.
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