Stock Market Insights: Expert Advice on Top Stocks
Should you add shares of GSK Pharma Ltd.? Should you hold shares of HUL at the current market price? Have you lost the chance to buy shares of KFin Tech at an attractive price? Saurabh Jain, head of equity research at SMC Global and Kunal Rambia, fund manager and trading strategist at The Street, provided insights on these investor queries and more on NDTV Profit’s Ask Profit show.
HUL: Hold or Sell?
Saurabh Jain recommends holding HUL, citing that it’s a small company on the valuation side. The last quarter results were weak, but he expects the next results to be better. We can expect activity in this counter closer to the budget. On the other hand, Kunal Rambia also recommends holding HUL, stating that the overall trend has been positive and the counter has been consolidating.
For more information on Hindustan Unilever Limited, please visit our website.
REC: Sell or Hold?
Kunal Rambia recommends selling REC, stating that the counter has been trading lack-luster for one year now and is not breaking the support while lacking momentum. On the other hand, Saurabh Jain recommends holding REC, citing that it’s a clear value stock and from a long-term perspective, it’s recommended to hold.
For more information on Rural Electrification Corporation Limited, please visit our website.
GSK Pharma: Buy or Hold?
Saurabh Jain recommends holding GSK Pharma, stating that pharmaceutical stocks are not participating in the market rally, especially after the trade war. There are still some concerns about the sector, but the operational numbers show good growth. The valuations have always been expensive, so it’s recommended to wait for another quarter and take a call.
For more information on GlaxoSmithKline Pharmaceuticals Limited, please visit our website.
KFin Tech: Buy or Hold?
Saurabh Jain recommends holding KFin Tech, stating that the ice-cream division is small in the context of the full business. After the de-merger, if one wants to chip into the ice cream business, then it makes sense. It’s recommended to wait for the de-merger and the listing.
For more information on KFin Technologies Limited, please visit our website.
SBI: Buy or Hold?
Saurabh Jain recommends holding SBI, stating that the company is strong on the operational side and one can expect growth. The only pain point is the valuation, so the holding period should be more than a year.
For more information on State Bank of India, please visit our website.
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.