Expert Advice on Top Stocks: Buy, Sell, or Hold?
Indian investors are constantly looking for expert advice on which stocks to buy, sell, or hold in their portfolios. Recently, on NDTV Profit’s Ask Profit show, a panel of experts including Avinash Gorakshakar of Profitmart Securities, Astha Jain of Hem Securities, and Swati Hotkar of Nirmal Bang, provided valuable insights on several top stocks. In this article, we will delve into their recommendations and provide additional context for investors.
Zee Entertainment Enterprises Ltd.
Astha Jain recommended holding onto shares of Zee Entertainment Enterprises Ltd., citing that the valuation was a major point about the company. She also mentioned that the scope of listing was very high and that the stock would not fall below Rs 1,500. Jain predicted that the stock should go till the levels of Rs 1,800-1,850 on the upside and suggested remaining invested with a stoploss of Rs 1,490. If booking profits, she advised booking partially. For more information on Zee Entertainment Enterprises Ltd., click here.
LG Electronics India Ltd.
Jain suggested holding onto shares of LG Electronics India Ltd., stating that margin and profitability had increased marginally in the previous quarter. She also mentioned that all segments had witnessed growth and that the majority of verticals were working strongly. Jain recommended holding the stock for a price target of Rs 430-440. To learn more about LG Electronics India Ltd., visit our website.
Tata Motors Ltd.
Jain advised holding onto long positions in Tata Motors Ltd., predicting that the stock could reach levels of Rs 500-540 on the upside. She also mentioned that the current levels were favorable for holding onto long positions. For the latest updates on Tata Motors Ltd., click here.
ITC Ltd.
Swati Hotkar recommended holding onto long positions in ITC Ltd., stating that the trend was positive and that the upside could reach levels of Rs 160-165. She also mentioned that the stock had a crucial support level of Rs 160 and advised keeping that as a stoploss. To know more about ITC Ltd., visit our website.
Jain suggested holding onto shares of Lemon Tree Hotels Ltd. for some recovery in the price, citing that exiting at a higher level would be a better choice. She also mentioned that the fundamental aspects of the company seemed okay, despite the performance not being very strong due to macro headwinds and a decline in advertisements. For more information on Lemon Tree Hotels Ltd., click here.
Inox Wind Ltd.
Jain recommended holding onto shares of Inox Wind Ltd., stating that the company had a good counter to remain invested in due to their strong order book and market share. She also mentioned that industry variables were working well for the company and advised remaining invested with a price target of Rs 58-60. To learn more about Inox Wind Ltd., visit our website.
Conclusion
In conclusion, the expert panel provided valuable insights on several top stocks, including Zee Entertainment Enterprises Ltd., LG Electronics India Ltd., Tata Motors Ltd., ITC Ltd., Lemon Tree Hotels Ltd., and Inox Wind Ltd. Indian investors can use these recommendations to make informed decisions about their portfolios. However, it is essential to remember that the views and opinions expressed by the investment advisers are 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. For the latest updates on the Indian stock market, visit our website regularly.
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