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Which Is The Best Insurance Stock? #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, Ashish Kelkar, Chief Executive Officer and master trainer at Kiran Jadhav & Associates, and Astha Jain, senior research analyst at Hem Securities, share their views on Maruti Suzuki India, Yes Bank and Ujjivan Financial, among others.

Watch The Full Conversation Here:

Edited Excerpts From The Conversation

Ayush Jain: What kind of compounded annual growth rate can be expected in the HDFC AMC stock from the current price with a long-term view?

Astha Jain: One can hold on to the stock and we expect a CAGR of 30-40 percent with a long-term horizon. The returns are expected to be 100 percent above the issue price.

Ram: What can be the target for Kotak Mahindra Bank this August? I bought the shares at Rs 1,326 apiece.

Ashish Kelkar: I would recommend one to hold on to the stock with a stop-loss of Rs 1,265.

Bharat Kangwani: Should I make a fresh entry into Ujjivan Financial with a long-term view at the current level?

Astha Jain: One can hold on to the stock with a long-term view. Stocks which attribute their income to rural areas are good investments.

Shivani Dhanuka: I have 2,700 shares of ICICI Bank at Rs 300 apiece. Should I book profits or hold?

Ashish Kelkar: One can hold on to the stock with a stop-loss of Rs 320 on a closing basis. One should look out for the Rs 390-target.

Rishabh Tiwari, Shubham Garg: Among Bharat Electronics, LIC Housing and L&T Finance, which is a better stock?

Astha Jain: I would recommend one could go with Bharat Electronics and L&T Finance.

Abhishek Rai: I bought 2,500 shares of Rallis India at Rs 235 apiece with a long-term view. Should I hold or sell?

Astha Jain: I would recommend one to hold on to the stock.

Abhinav Jaiswal: I have 2,500 shares of Yes Bank at Rs 330 for short term. Should I book profits?

Ashish Kelkar: I would suggest one to hold on to the stock and not book profits now.

Navneet: An investor is looking to invest Rs 10,000 every month in systematic investment plans for 8-10 years. Among RBL Bank, Yes Bank or Federal Bank, which one should he go with?

Astha Jain: I would recommend one to go with Yes Bank as a first preference and then RBL Bank.

Alex: One has bought shares of Federal Bank at Rs 126 apiece. Should he average?

Ashish Kelkar: One should not average at this level and continue to hold on to the stock with a stop-loss of Rs 84.50.

Harish Bale: I need a long-term view on Ambuja Cement, Jet Airways and SpiceJet. What should be my entry price for investment in IndiGo with a long-term view?

Astha Jain: I would recommend one to hold on to the SpiceJet stock.

Ashish Kelkar: I would recommend one to not make any fresh entry into the IndiGo stock at the current level. One should look out for the Rs 1,080-level to enter.

Rahul Katare: What is your long-term view on the insurance sector and which stock should I choose?

Astha Jain: I would recommend one to invest HDFC Standard Life Insurance. The insurance sector has immense potential.

Gaurav Garodia: Will the GNFC plant open soon ? I have 200 shares of the stock at Rs 430 apiece. What should I do?

Astha Jain: I would recommend one to invest in any stock which has been performing consistently.

Ashish Kelkar: Iwould recommend one to hold on to the stock with a stop-loss of Rs 423.

Ankit: I have 100 shares of Panasonic Carbon India at Rs 500 apiece. What is your short-term view on this?

Ashish Kelkar: I would recommend one to hold on to the stock with a stop-loss of Rs 517.

Viniskumar Soni: Among Mahindra & Mahindra, Jubilant FoodWorks, Ashok Leyland and Pidilite Industries, which is a better bet with a one-two year view?

Astha Jain: I am bullish on Mahindra & Mahindra and would recommend one to invest with a target price of Rs 1,100.

Shivam Agrawal: The Thomas Cook stock has not been moving for the past three years, despite having the lowest PE. What should I do?

Astha Jain: Until there is growth in the stock, one should refrain from entering in it. One can continue to hold on to the stock if they have invested in it and one shouldn’t expect high returns.

Krish: At what price can I enter Kokuyo Camlin?

Ashish Kelkar: I would recommend one to enter the stock once it crosses the Rs 127-level.

Deparapan Sarkar: Should I make a fresh entry in Kaveri seeds and Motherson Sumi? What should be my price levels?

Astha Jain: I would recommend on to invest in Excel Industries, instead.

Deepanshu Bhatia​:I have bought 20 shares of Eicher Motors at Rs 27,000 apiece, 50 shares of Maruti Suzuki India at Rs 9,120 apiece and 100 shares of Bajaj Auto at Rs 2,700 apiece with a 30-day trading position. What should I do?

Ashish Kelkar: I would recommend one to hold on to Eicher motors. For Maruti Suzuki, one should hold with a stop-loss of Rs 9,075. One should exit the Bajaj Auto stock immediately.

Analysts’ Disclosure:

The experts 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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