Should you hold shares of Hindustan Aeronautics Ltd.? Should you add shares of L&T at the current market price? Have you lost the chance to buy shares of Paras Defence and Space Technologies Ltd. at an attractive price? Is it the right time to exit Tata Steel Ltd?
Avinash Gorakshakar, Founder and Head Research, AvinashMentor Research, and Vaishali Parekh, AVP- Technical Research & Analysis at Prabhudas Lilladher Private Limited provided insights on these investor queries and more on NDTV Profit’s Ask Profit show.
Hindustan Aeronautics Ltd. (CMP: Rs 3888.50)
Vaishali: Buy
- For HAL, Rs 3,800 is a good support band.
- Lots of erosion has taken place.
- Start buying from here.
Larsen and Toubro Ltd. (CMP: Rs 3,832.80)
Avinash: Hold
- L&T can give good returns in 12-18%
- Investors should bear some near-term volatility in this market.
- Don’t panic sell unless emergency funding.
- Good level to start buying. SIP kind of buying approach.
Transformers and Rectifiers (India) Ltd. (CMP: Rs 295.85)
Avinash: Hold
- Transformers as industry is going rapidly, despite legal issues.
- Pent-up demand for transformers.
- Every transformer growing at peak-level capacity
- Could average at current level.
ITC Ltd. (CMP: Rs 312)
Avinash: Hold
- Downside for ITC looks at discounted.
- Company has taken price hikes.
- Hold for 12-14 months.
Tata Consultancy Services Ltd. (TCS) (CMP: Rs 2599.50)
Avinash: Wait and Watch
- Better to wait for another quarter.
- Wait to see how company positions considering AI.
- Wait for March quarter to see how company is doing.
Multi Commodity Exchange Of India Ltd. (MCX) (CMP: Rs 2,448.00)
Vaishali: Buy
- Not damaged the trends.
- Rs 2400 very good support, keep that as stop loss.
Dixon Technologies (India) Ltd. (CMP: Rs 9,858.00)
Avinash: Hold but no fresh buying
- Stock has corrected from higher levels.
- Better to wait for a quarter.
- No fresh buying is advisable.
- Valuations are not cheap, wait for couple of quarters.
Rapid Fire With Avinash Gorakshakar and Vaishali Parekh
- Muthoot Finance Ltd.- Accumulate
- Aadhar Housing Finance Ltd. – Hold
- InterGlobe – Hold
- Tata Steel Ltd. – Hold
- Tata Chemicals Ltd.- No buying advice
- Deep Industries – Hold
- BSE – Accumulate
- Paras Defence and Space Technologies Ltd. – Buy
- DLF Ltd.- Hold
- Tata Motors Commercial Vehicles – Buy
- Apollo Micro – Hold
- Suzlon – Buy
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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