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Right Time To Buy SBI Life Insurance, Bharti Airtel, Hero MotoCorp? #AskBQ

#AskBQ is BloombergQuint’s daily offering where market experts help investors make the right investment decisions in the equity market.

In today’s episode, Parthiv Shah, director, TRACOM Stock Brokers Pvt Ltd., and Amar Singh, head-advisory at Angel Broking, share their views on Federation Bank, Venky’s, IDFC and Hero MotoCorp, among others.

Watch the full conversation here

Edited excerpts from the conversation

Neetesh Dohare: Could you please provide a fundamental view on SBI Life Insurance, for a two-three year holding period? And, at the current price, is it the right time to add more?

Parthiv Shah: I would recommend one to hold on to the stock. If you are incurring a loss of any kind, do not panic and sell. I would suggest one to invest the additional money into HDFC Life instead.

Nikhil Gandhe: I bought shares of MCX at Rs 790 apiece with a one month view. Should I hold or sell ? Is it the right time to enter Bharti Airtel for short term?

Amar Singh: MCX has a strong support at Rs 720. There is a possibility of a bounce-back. One should exit the stock whenever they get the right opportunity.

One can invest in Bharti Airtel with a stop-loss of Rs 340.

Vivek Kanojia​: Is it the right time to add Petronet LNG for long term?

Parthiv Shah: This is a good time to add to your position in the stock and wait for at least three years.

Ujjwal Kumar: Can I invest in Hero MotoCorp at current levels or should I wait for more corrections? I have a time horizon of one to two years.

Parthiv Shah: With a two-three-year view, I would recommend one to invest in the stock and make a fresh entry, if one can. This is a good entry opportunity. Bajaj Auto and Hero MotoCorp are the stocks that have given great returns.

Asad Hamid Khan: I am currently making a loss of Rs 2 lakh on my shares in Precision Wires. What should I do?

Amar Singh: This long-term trend is bullish but the short-term trend is bearish. Watch out for the Rs 240-245 level. If the stock crosses this level, one can expect good growth.

Ayush Jain: I have bought 7,000 shares of LIC Housing Finance at an average rate of Rs 611 apiece with a long-term perspective. What should I do?

Parthiv Shah: Now is not a good time to exit this stock. I would recommend one to average it if they have a longer time horizon of at least three years.

Subham Garg: I have bought 25,000 shares of Federal Bank at an average rate of Rs 102 apiece with a long-term horizon. What should I do?

Parthiv Shah: This stock will deliver good return-ratios. I would recommend one to hold on to the stock and give it at least three years.

Praneet Kumar: What is your view on LEEL Electrical Ltd? I am planning to invest in this stock. .What is right price to enter?

Parthiv Shah: There are better options in the hardware manufacturing sector than this stock. I would rather suggest one to invest in Dixon Tech.

Mohan Rangdal: I have bought 10 shares in Venky’s at Rs 2,384 apiece. What should I do with a long-term view?

Parthiv Shah: I would recommend one to book losses and exit the stock at current levels.

Navin: I am currently holding 200 shares of National Fertilizers Ltd. at Rs 70 apiece. Should I average, hold or sell? I have also invested in IDFC at Rs 66 apiece, with a long-term view. What should I do?

Parthiv Shah: There are better fertiliser companies like Deepak Fertilizers and Coromandel. I would recommend one to invest in these two stocks instead.

IDFC will take a while until it recovers from its losses. I would recommend one to exit this stock.

Girish: I currently own 350 shares of Bharat Forge at Rs 715 apiece. Should I book losses, average or hold?

Amar Singh: I would recommend one to hold on to the stock. The stock may have a bounce-back.

Analysts’ Disclosure:

Parthiv Shah and Amar Singh may have recommended some of the stocks discussed in the show to their clients.

Disclaimer: The commentary on BloombergQuint represents the view of external experts. Investors are advised to consult a certified financial advisor/planner when making any investments. No views shared on a BloombergQuint program or story or conversation should be construed as personal advice.

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