Should you buy shares of Zomato Ltd. at the current price? Are Bank Of Baroda and CESC Ltd. good choices from a long-term perspective? Should you keep holding Vodafone Idea Ltd.? Is it the right time to exit Reliance Industries Ltd. to book profit?
Sameer Dalal of Natverlal & Sons Stockbrokers and Kush Bohra, founder of kushbohra.com, answered these investor queries and more on NDTV Profit's Ask Profit show.
Zomato (Current Market Price: Rs 299.50)
Samir: Suitable for long term
Currently, quick commerce is not making money, as there is a bit of a discounting.
The company can do "really well" in the next five years.
Bank Of Baroda (CMP: Rs 260.05)
Kush: Hold
Can hold on to the stock at a stop loss of Rs 235.
On the upside, there is possibility of the stock to move up to Rs 275.
The stock saw good movement after a year of consolidation.
CESC (CMP: Rs 190.95)
Samir: One can make an investment
The power space will continue to do well, especially when it comes to energy distribution.
The only risk is that it is trading at a higher valuation.
The overall growth opportunity looks good.
RIL (CMP: Rs 1321.2)
Kush: Good purchase
For a long-term view of six months or more, this is a good entry point.
Returns on upside are quite significant.
The risk-reward ratio is favourable.
Vodafone Idea (CMP: Rs 8.08)
Samir: High-risk strategy
The share price is declining.
The company is struggling to raise funds, which are essential for transition to 5G.
There is a constant requirement for infusion of equity by the promoters.
Hitachi Energy India Ltd. (CMP: Rs 11,893.95)
Kush: Hold
The broader trajectory of the stock looks positive.
Some profit-booking was around the corner, and that has come about.
The stock has comfortably held above the 200-day moving average.
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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