Expert Insights on Top Stocks: Buy, Sell, or Hold?
Indian investors are always on the lookout for expert advice on which stocks to buy, sell, or hold. Recently, Avinash Gorakshakar, director of research at Profitmart Securities, and Ajit Mishra, senior vice president of research at Religare Broking, shared their insights on Asian Paints, Laurus Labs, Paras Defence, Kalyan Jewellers, and Ashok Leyland on NDTV Profit’s Ask Profit show.
Asian Paints: Hold or Buy?
Avinash Gorakshakar advised investors to hold Asian Paints stock, citing positive macro tailwinds, soft prices, and strong rural demand. On the other hand, Ajit Mishra recommended buying the stock with a stop loss at Rs 1,100, expecting immediate targets at Rs 1,190-1,200.
Laurus Labs: Buy or Hold?
For Laurus Labs, Gorakshakar suggested holding the stock, given its niche space and healthy order book. Mishra, however, recommended buying the stock, anticipating decisive attempts to reclaim averages and setting a stop loss at Rs 490.
Paras Defence: Buy or Accumulate?
Both experts agreed that Paras Defence is a promising stock. Gorakshakar advised holding the stock for 8-10 months, while Mishra recommended accumulating at current levels with a stop loss at Rs 490.
Kalyan Jewellers: Hold or Accumulate?
Mishra suggested holding Kalyan Jewellers stock, citing its critical juncture and potential for accumulation at current levels. Gorakshakar also advised holding the stock, expecting a strong second half for the commercial vehicles sector.
Ashok Leyland: Hold or Buy?
For Ashok Leyland, both experts recommended holding the stock. Gorakshakar cited the company’s exposure to the defence side and improving tailwinds for commercial vehicles, while Mishra anticipated a strong second half and advised continuing to hold the stock.
Investors should always consult with their own financial or investment adviser before making any investment decisions. The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit.
Indian Stock Market Trends
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Q1 Earnings Updates
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Top Stocks in Focus
Some of the top stocks in focus include Asian Paints, Laurus Labs, Paras Defence, Kalyan Jewellers, and Ashok Leyland. Investors can stay updated on the latest news and analysis on these stocks to make informed investment decisions.