Expert Market Analysis: Bajaj Auto, IndiGo, Cipla, KPIT Tech, Max Healthcare, REC, JSW Cement
Should you add shares of REC Ltd.? Should you hold shares of Cipla Ltd. at the current market price? Have you lost the chance to buy InterGlobe Aviation Ltd. stock at an attractive price? Shahina Mukadam, an independent market expert, and Kush Bohra, founder of Kushbohra.com, provided insights on these investor queries and more on NDTV Profit’s Ask Profit show.
Bajaj Auto: Buy or Hold?
Mukadam and Bohra suggest buying Bajaj Auto at current levels and holding it for two to three years. The stock is expected to benefit from rupee depreciation, and volumes are good. For more information on Bajaj Auto stock price, click here.
IndiGo: Avoid or Buy?
Mukadam advises avoiding IndiGo as of now, citing the impact of the recent crisis, which is expected to be negative. Bohra suggests holding the stock, as selling is largely over, and the medium-term stop loss and support zone for the stock is Rs 1,460. To know more about IndiGo stock news, visit our website.
Cipla: Hold or Sell?
Bohra suggests selling Cipla, as the stock fell off the 200-day moving average and hasn’t been able to cross above it. Mukadam advises holding the stock, as it has done pretty well on quarterly numbers, and a good price to get in is Rs 950-1,000. For the latest Cipla stock price today, click here.
KPIT Tech: Buy or Hold?
Mukadam suggests buying KPIT Tech at lower levels, around Rs 315. The stock is doing pretty well in terms of lending to energy-based companies, but some softness is expected in margins for the next couple of quarters. To learn more about KPIT Tech stock news, visit our website.
Max Healthcare: Hold or Sell?
Mukadam advises holding Max Healthcare, as it is bit expensive in terms of valuation compared to peers. However, with strong management at the helm and very strong growth plans, it can be a good long-term investment. For the latest Max Healthcare stock price, click here.
REC: Buy or Hold?
Mukadam suggests buying REC at lower levels, around Rs 100. The stock is expected to do well in the long term, but it’s better to buy at lower levels. To know more about REC stock news, visit our website.
JSW Cement: Buy or Hold?
Mukadam advises selling JSW Cement and switching to other stocks like SBI, as no upsides are expected in the next two to three months. For the latest JSW Cement stock price today, click here.
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.