Investment Insights from NDTV Profit’s Ask Profit Show
Should you hold shares of Life Insurance Corp? Should you add shares of Genus Power Infrastructures Ltd. at the current market price? Have you lost the chance to buy shares of Nykaa parent FSN E-Commerce Ventures Ltd. at an attractive price? Is it the right time to exit Trent Ltd?
G Chokkalingam, founder of Equinomics Research, and Sundar Kewat, technical and derivatives analyst at Ashika Institutional Equity, shared their expert opinions on these investor queries on NDTV Profit’s Ask Profit show.
Trent Ltd: Exit or Hold?
Sundar Kewat, technical and derivatives analyst at Ashika Institutional Equity, recommended exiting the stock at present levels due to its sharp decline in value with no positive growth in sight. Analysts suggest that for those considering re-entry, a potential buying opportunity may arise near Rs 4,720.
Life Insurance Corp: Hold or Diversify?
G Chokkalingam, founder of Equinomics Research, advised investors to hold their positions in Life Insurance Corp, citing the recent fall in stock price and the government’s liberal approach to privatisation. He added that if LIC’s stake is diversified among global investors, it could unlock additional upward movement for the counter.
Protean eGov Tech: Hold or Cautious?
G Chokkalingam suggested that investors may consider holding the stock, as the company’s growth has stabilised, and there remains potential for business growth. However, he also advised caution, citing the competitive nature of the e-commerce sector and the potential for short-term investment gains.
Genus Power Infrastructures Ltd: Hold or Uncertain?
G Chokkalingam expressed uncertainty about the company’s profit potential over the next year, forecasting a modest return of 5–8% within a 6-12-month period. He recommended holding the stock, but also warned that the current price may be the most attractive level the stock will reach in the coming year.
Nykaa: Hold or Sell?
G Chokkalingam suggested that investors may consider holding the stock, citing the strength and credibility of its stakeholder profile. However, he also advised caution, citing the competitive nature of the e-commerce sector and the potential for short-term investment gains.
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.
