A customer holds Indian rupee banknotes. (Photographer: Dhiraj Singh/Bloomberg)

Which Mid-Cap Stock Is A Good Investment? #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, Kunal Rambhia, founder and fund manager, The Streets, and Sandeep Jain, director, Tradeswift broking, share their views on Muthoot Capital, Bandhan Bank, Sun Pharma, and which mid-cap stocks are currently great for investment.

Watch the full conversation here:

Edited excerpts from the conversation:

Jitendra Kumar: I want to invest in Thomas Cook and Nilkamal with a long-term perspective. Should I enter at the current level or wait for a correction?

Sandeep Jain: These two stocks look good. I would recommend one to wait for some decline in their levels in order to buy these stocks.

Nikhil Gande: Is it the right time to enter MCX India for a short-term trade? Which other stocks would you recommend with a short-term view?

Kunal Rambhia: MCX India looks attractive, currently. I would suggest one to keep a stop-loss of Rs 825, and invest. For a short-term trade, I am bullish on this stock.

I would recommend one to invest in Sun Pharma with a short-term view. Keep a stop-loss of Rs 550.

Aditya Patankar: I bought 100 Avenue Supermarts shares at Rs 1,565 apiece, just before the first quarter result. I can hold on to the stock for a few weeks. Should I hold or sell?

Kunal Rambhia: I am bullish on this stock. I would recommend one to keep a stop-loss of Rs 1,500 and hold on to the stock.

Sathya Subhash: I bought shares of JK Paper at Rs 109 apiece. With a one-year time period, what should I do with the stock?

Sandeep Jain: I would recommend one to hold on to the stock. This is a good stock, and I expect the paper sector stock to perform well this year. Keep a stop-loss of Rs 165 for a long-term perspective.

Karthik Ganesh : I am currently holding 140 shares of Srikalahasti Pipes at Rs 360 apiece. What is your long-term view on this?

Kunal Rambhia: I would recommend one to book losses and exit the stock at any jump in the stock.

Siva Kumar : Which is the best mid-cap stock with good fundamentals, and is capable of growing into a multi-bagger? I am looking for a long-term view.

Sandeep Jain: GIC RE is a stock I am bullish about. The insurance sector is a good space to invest. In the pharmaceutical space, FDC is a good stock to invest.
Muthoot Capital is a good stock to buy, too, and they are coming up with an IPO for Muthoot Micro Fin, valued at Rs 1,000 crore.

Anjaneya Pachori: ​I have 90 share of Indiabulls Housing at Rs 1,202 apiece. Should I hold or sell before the earnings results? I need a short-term view on the same.

Kunal Rambhia: This is a good stock. Keep a stop-loss of Rs 1,210 and hold on to the stock. One can even add on to the stock.

Indrajeet Mukherjee: What is your take on Gruh Finance and PNB Housing Finance Ltd.?

Sandeep Jain: There are cheaper stocks in the same space as Gruh Finance, but the stock as such is a good investment. PNB Housing is a good stock to hold, but I would not recommend one to buy or enter the stock.

Ujjwal Kumar: I want to invest in Can Fin Homes and GIC Housing Finance for eight to 12 months. Is it the right time to enter the stocks or some more correction is expected? I would like fundamental and technical views on the same.

Sandeep Jain: HDFC Ltd, and DHFL are the two stock in the housing sector which look promising. I would suggest one to invest in Muthoot Capital.

Kunal Rambhia:  One can look for some reversal on the Can Fin Home stock from the current level. One should keep a stop-loss of Rs 310.

P.S Krishnan: I need a two-month view on Ujjivan Financial.

Sandeep Jain: This is a good stock, but I would recommend one to buy Bandhan Bank at lower levels. One should continue to hold on to the stock if they already have a position in the stock.

Zinal Satra: I have purchased 500 shares of GSPL at Rs 200 apiece. What are your views?

Kunal Rambhia: I would recommend one to keep a stop-loss of Rs 190 and to hold on to the stock with a target of RS 130.

Pankaj Kumar: What is your view on Bombay Dyeing and Bharti Airtel with a medium term perspective? What’s a good level to enter these stocks?

Kunal Rambhia: One can invest or hold on to Bombay Dyeing for long-term with a stop-loss of Rs 230.

I would recommend one to keep a stop-loss of Rs 360 for the Bharti Airtel stock.

Pranit Kumar: I would like your view on NMDC.

Sandeep Jain: This stock is safe to enter at the current levels, with a long-term perspective.

Harsha Vardhan: I would like a long-term perspective view on Hindustan Food.

Sandeep Jain: I would recommend one to enter the stock at a decline. One should hold on to the stock at the current level.

Gobind Vijay: What is your fundamental view on Advanced Enzyme?

Sandeep Jain: This is good investment from the risk-reward point of view. I would not recommend one to buy the stock due to high valuations but one can continue to trade the stock.

Puneet Nanda: Is it the right time to enter Lumex Auto?

Kunal Rambhia: One should avoid his stock and invest in any other stock we have mentioned.

Krish: I wish to make a fresh entry into Granules India with a one-month view. What would you suggest?

Kunal Rambhia: This is a fantastic stock. I would recommend one to keep a stop-loss of Rs 95.

Analysts’ Disclosure:

Sandeep Jain and Kunal Rambhia 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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