Which Is The Best FMCG Stock? #AskBQ

Astha Jain: The stock is very weak on the financial performance front. I would advise to exit and invest in pharma stocks like Lincoln Pharma and Sanofi India.

Kunal Rambhia: The stock is on an uptrend. The best entry would be at Rs 660 levels.

Rambhia: Jubilant is making a positive rally. Hold it with a stop-loss of Rs 1,320 and have a target of Rs 1,500.

For Tata Elxsi, hold it at a stop-loss of Rs 1,300 and start adding more at Rs 1,375 to sell at Rs 1,450.

Shankara Building Products is on the downtrend. An exit is advisable at Rs 1,400.

Jain: State Bank of India is a positive stock in the PSU banking space. The private sector banks like HDFC Bank and IndusInd Bank look positive at least for the next one year.

Rambhia: Hold with a stop-loss of Rs 145 on a weekly closing basis, look for a target of Rs 175.

Rambhia: If you are holding, try to exit at Rs 243 and we can expect a rally towards Rs 280 levels if it closes above Rs 250 levels.

Rambhia: I would recommend to hold for Excel Industries, and for Merck would recommend an exit if you're holding with a short-term perspective. You can re-enter once it goes above Rs 3,400 levels.

Jain: The deal will be positive for the company and would recommend a hold. And, if we look at the FCMG pack , our bet is on ITC as it is the only stock available at reasonable valuations. We are also positive on Dabur India for the same reason. The elections and the GST will continue to benefit the sector.

Rambhia: It is a breakdown. Hold at a stop-loss of Rs 110. If the stocks hold that level, then you would get an exit at Rs 130 levels.

Jain: I would advise an exit and switch to Sterlite Technologies as the company may benefit from 5G technology.

Rambhia: Undoubtedly, it is RBL Bank. Rs 590 is a good entry level. I would wait for the stock to reach Rs 615 keeping a stock-loss of Rs 695.

Jain: We are not every positive on the sector due to volatility of the aviation turbine fuel prices. And our pick would be IndiGo over Spicejet.