Market Experts' Stock Recommendations: Buy RVNL, Oracle Financial, Garden Reach
Disclaimer: The views and opinions expressed by the investment advisers are of their own and not of NDTV Profit. NDTV Profit advises readers to consult their financial advisers before investment
Stock Market Live: Invest4edu Recommends 'Hold' On Waaree Energies
Dinesh Saney, senior equity research analyst at Invest4edu, recommended a 'hold' call for investors with stake in Waaree Energies Ltd., He noted that it had done well in the fourth quarter.
The topline is consistently growing for last three to four years. Margins are also growing. Debt needs to be observed. Investors can check the debt portion on a half yearly basis, Saney said.
Stock Market Live: Ashika Institutional Equity Suggests 'Buy' Call For Mahindra & Mahindra
Sundar Kewat, technical and derivative analyst of Ashika Institutional Equity, a 'buy'; call on Mahindra & Mahindra to investors. He noted that its weekly time frame on the technical charts looks attractive.
"It is currently into a retesting phase. Once the stock takes out the Rs 3,200 level, then I would not be surprised to see the stock trading at Rs 4,500 levels in the coming quarters," Kewat remarked.
Stock Market Live: Ashika Institutional Equity Recommends 'Hold' On Angel One
Sundar Kewat, technical and derivative analyst of Ashika Institutional Equity, suggested a 'hold; call on the stock to investors. He noted that the stock had given a good breakout. And that it would be making its new high in two weeks to a month.
He recommended keeping a stoploss at Rs 2,868, which is its 20 Day Moving Average.
Stock Market Live: Kush Bohra Recommends 'Hold' On Zydus Lifesciences
Kush Bohra, technical analyst and founder of kushbohra.com, advised investors to hold stock in Zydus Lifesciences Ltd. for the long term. He noted that profit booking has come about for the stock. He identified Rs 65-66 as a good support zone.
The analyst recommended that investors add the stock again near Rs 70 levels and keep their stoploss near Rs 63.
A good upside is still to be had on the stock. The stock may reach up to Rs 85- Rs 92 in a year, Bohra said.
Stock Market Live: Mehta Equities Gives 'Buy' Call On Canara Bank
Prashant Tapse, financial analyst at Mehta Equities said that now is the right time to start accumulating stake in Canara Bank Ltd. He said that there would be a lot of credit growth in banks due to the Reserve Bank of India consistently increasing liqiudity.
He also spoke about Canara Bank plans to have zero balance accounts for every customer, which would make the Loan book grow faster than deposits. The analyst projected notable growth in the company due to these factors.
