Market experts provided specific investment guidance for several major stocks during NDTV Profit's Ask Profit show. According to reports from NDTV Profit, Vishnu Kant Upadhyay, assistant vice president of research and advisory at Master Capital Services Ltd., and Rajesh Agarwal, head of research at AUM Capital, shared their insights on key investor queries regarding stock selection and timing. The latest session featured additional experts including Somil Mehta, Head Retail Research at Mirae Asset Sharekhan, Raja Venkatraman, Co-Founder of NeoTrader, and Radha Raman Agarwal, Managing Director and CEO of Swyom Advisors Limited.
Shriram Finance was recommended as a 'Buy on Dips' by Upadhyay, who described it as a good investment opportunity amid a strong commercial vehicle sector. As reported by NDTV Profit, Upadhyay noted that NBFC and lending companies are performing well, and the festive season approaching should benefit the lending book. The company is expanding gold and small business loans into hundreds of new branches, since only about 15% of its 3,225-branch network currently offers the full product suite. Used commercial vehicle prices have jumped 30-35% over five years, with demand surprising to the upside on strong freight activity. Management is guiding for 15-17% commercial vehicle growth over the next five years, with new vehicle financing set to take a bigger share of the mix. Upadhyay recommends buying on dips at ₹1,025 with a stop loss at ₹985.
HDFC Bank received a 'Buy' recommendation from Agarwal, who noted that despite recent negative news about performance and top management, the stock remains attractive for long-term investors. As reported by NDTV Profit, Agarwal highlighted that HDFC Bank is one of the ten largest banks in terms of size with consistent numbers and very good asset quality. He emphasized that there would be a hunt for a new head, with uncertainty about who will be appointed, but noted there is not much to lose in this for long-term investors. The stock was trading at ₹709 at the time of the recommendation.
One 97 Communications Ltd. (Paytm) received a 'Hold' recommendation from Somil Mehta, who noted that the stock has been in a strong uptrend. According to NDTV Profit, Somil expects the stock to reach ₹1,770-1,780, which represents the upper end of Bollinger Band in daily charts. He recommended maintaining a very strict stop loss of ₹1,600 and keeping a cautious approach given the current market conditions. The stock was trading at ₹1,676.80 during the recommendation.
Glenmark Pharmaceuticals received a 'Sell Partially' recommendation from Agarwal, who suggested booking 50% of the position to reduce risk exposure. As reported by NDTV Profit, Agarwal recommended putting 50% in Shilpa Medicare and the other 50% into Laurus to diversify the pharmaceutical exposure. The stock was trading at ₹2,480 at the time of the recommendation.
Ather Energy was recommended for 'Sell' by Agarwal, who suggested booking partial profits given the current market conditions. According to NDTV Profit, Agarwal noted that the stock was trading at ₹1,717.70 and recommended taking profits at current levels. Concord Biotech received a 'Sell on Rise' recommendation, with Agarwal suggesting booking profits at ₹1,550-₹1,580 levels to lock in gains. The stock was trading at ₹1,446.10 at the time of the recommendation.
