Market experts from Latin Manharlal Sec Pvt. Ltd. and Teji Mandi provided specific investment recommendations for five key stocks during NDTV Profit's Ask Profit show. According to reports from NDTV Profit, Nirav Asher, head equity research analyst and Jatin Gedia, vice president - technical research analyst addressed investor queries about fundamental and technical levels for these stocks.
FSN E-Commerce Ventures (Nykaa), trading at ₹273, received a 'Buy' recommendation from Asher. As reported by NDTV Profit, Asher described it as a 'preferred pick at this point of time' with significant potential for long-term investors. The recommendation suggests Nykaa presents attractive opportunities for those seeking exposure to the e-commerce sector.
Power Grid Corp. Ltd., trading at ₹301.75, was recommended as an 'Avoid' by Asher. According to NDTV Profit reports, Asher noted the stock's stability but emphasized it's 'not a fast mover in the markets.' He highlighted that while the company's investment areas are exciting, it may be better to consider Transformers And Rectifiers, GE Vernova or Siemens as alternatives.
Hindustan Aeronautics Ltd., trading at ₹4,608, received a 'Sell' recommendation from Asher. As reported by NDTV Profit, Asher suggested shifting to shipbuilding stocks from a long-term perspective, citing inconsistencies in numbers and recent delays in engine procurement. Kalyan Jewellers India Ltd., trading at ₹361, was also recommended as a 'Sell' with Asher suggesting investors consider Titan instead, noting that market leaders are better positioned to weather market challenges through recycle schemes.
Tata Technologies, trading at ₹622.85, received a 'Hold' recommendation from Asher, who advised against averaging down at current levels. According to NDTV Profit, Central Depositiory Services (India), trading at ₹1,198.70, was recommended as a 'Buy' by Gedia, who considered the current market price a good entry level. The experts emphasized that all recommendations are based on their own analysis and investors should consult with their own financial advisers before making investment decisions.
