A machine molds tread patterns onto an automobile tyre on the production line at the Apollo Tyres Hungary Kft plant in Gyongyoshalasz, Hungary. (Photographer: Akos Stiller/Bloomberg)

Ceat Or Apollo Tyres; HDFC AMC Or Reliance Nippon AMC? #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 Sandeep Jain, director at Tradeswift broking Pvt. Ltd., share their views on Axis Bank, Bandhan Bank, ICICI Prudential and CEAT, among others.

Watch the full conversation here:

Edited excerpts from the conversation:

Ayush Jain: Which one to choose among ICICI Prudential and ICICI Lombard for long term?

Sandeep Jain: I would recommend one to go with ICICI Prudential. It has corrected well and has a good risk reward ratio.

Shubham Garg: I have bought 500 shares of Yes Bank at Rs 328 apiece for short term. Should I hold or book profits?

Ashish Kelkar: I would recommend one to hold on to the stock with a stop-loss of Rs 372 on a closing basis.

Debarpan Sarkar: Which is a better bet in the long term: Ceat or Apollo Tyres?

Sandeep Jain: For the tyre segment, I would recommend one to choose Balkrishna Industries and to stay away from Ceat and Apollo Tyres. MRF is a great bet, too. For two-wheeler tyres, I would recommend one to invest in TVS Srichakra.

Abhishek Rai: Between HDFC AMC and Reliance Nippon, which one should I go with?

Sandeep Jain: Rs 1,650 is a good level to enter the HDFC AMC stock. However, one can also continue to hold on to the Reliance Nippon stock.

Shivansh Napal: I am looking for a short-term investment in AU Small Finance. What should I do?

Ashish Kelkar: Yes, one can make a fresh entry into this stock and with a stop-loss of Rs 670. One can make a fresh entry for a short-term.

Kartik Mahadevan: I have 200 shares of Pfizer at Rs 1,950 apiece. What should be my technical targets with a one-year view?

Ashish Kelkar: I have been bullish about this sector. One can go ahead and book partial profit at the current level.

Abhishek Gupta: I have shares of Rain Industries at Rs 319 apiece which I can hold for two-three years. What should I do?

Sandeep Jain: I would suggest one to either hold on to the share or book profit when the investor is at a no-profit-no-loss point. One can exit the stock at Rs 320.

Puneet Nanda: What is the entry level price for Shriram Transport Finance and Ramco Cements for long term?

Sandeep Jain: I am bullish about Shriram Transport and Finance stock. One can look at this stock with a long-term perspective.

I would recommend one to invest in Ramco Industries instead of their cement stock. This is a good stock to invest at current levels.

Narendra Mahajan: What is your technical view on Axis Bank for the next three months?

Ashish Kelkar: I would recommend one to enter the Axis bank stock at the current level. One can keep a target of Rs 675. Keep a stop-loss of Rs 612.

Bhavani Behra: Among Kotak Mahindra Bank, Bandhan Bank and Axis Bank, which is a better bet with a one-two year perspective?

Sandeep Jain: Those who are holding Axis bank can continue to hold till the Rs 675-level.

From a long-term perspective, Kotak Mahindra Bank is a good investment on declines.

Bandhan Bank is a great stock but it has been assigned some really high values. One can enter the stock at declines and those who are holding the bank can book partial profits.

Ronak Gupta: Does Reliance Infrastructure have the potential to become a multi-bagger in the next 10 years?

Sandeep Jain: I would recommend one to stay away from the stock and not make a fresh entry. For a short-term, one can hold on to the stock with a stop-loss of Rs 375. I would not recommend this stock for a long-term.

Bharat Bhushan: I have 500 shares of PNC Infratech at Rs 139 apiece for short term. Should I hold or book profits?

Ashish Kelkar: I would recommend on to hold on to the stock with a stop-loss of Rs 139.

Raj Shah: I have bought 12,500 shares of LT Foods at Rs 59 apiece and 3,500 shares of Ajmera Realty at Rs 203 apiece with a three-year time horizon. Should I add more at current levels or wait?

Sandeep Jain: One can hold on to the LT Foods stock at the current level.

Those who have invested in Ajmera Realty can continue to hold on to the stock. I would not recommend a fresh entry into the stock.

Praneet Kumar: What is your view on Bharat Seats at the current level with a view of three years?

Sandeep Jain: One can avoid this stock if one has not entered it.

Rahul Bangera: Can I make a fresh entry in Sun Pharma at the current level?

Ashish Kelkar: The stock is very lucrative at the current level and one can buy the stock with a stop-loss of Rs 598.

Melwyn: Is Cummins India a good bet with a long-term perspective at the current level?

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

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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