Where Should I Invest: Gati, Kwality, BPCL and IOC? #AskBQ
#AskBQ is BloombergQuint’s daily offering where market experts help investors make the right investment decisions in the equities market.
In this episode, Sameet Chavan of Angel Broking and Astha Jain of Hem Securities Ltd. gave their views on Gati, Kwality, BPCL and IOC.
Watch the full conversation here:
Here are the edited excerpts of the conversation:
Anup Sahoo: I hold 200 shares of Power Finance at Rs 115 with a view of more than a year. Should I add more?
Astha Jain: You can either buy at current levels or hold on if you have already invested as the company’s financials are strong.
Shivani Dhanuka: I hold 4,250 shares of BHEL at Rs 81. What should I do?
Sameet Chavan: I recommend you to hold at current juncture and keep a stop loss of Rs 83.5 and book out around Rs 88 to 90.
Salman Khan: I hold 20 shares of Avanti Feeds at Rs 2,350. Please suggest a short-term view.
Sameet Chavan: I suggest you hold on to the stock with a stop loss of Rs 1,730 on a closing basis.
Sangram: I hold 200 shares of Sunil HiTech Engineers at Rs 18. Can I hold with a three to five years view? I also need assistance in building a portfolio of around seven stocks for monthly investment with a 8-10 year view.
Astha Jain: I recommend you to exit the stock and hold only if you have a long-term horizon. You can rather look at India Glycols from the same space. HDFC Bank, Hindutan unilever, Hero MotoCorp are other stocks to look at.
Is Lupin a good stock to enter now with a two-year perceptive?
Sameet Chavan: I recommend you to enter at current levels or any dip with a stop loss of Rs 725 with a target of Rs 880-890.
Saurabh Kulkarni: Is Tinplate a good buy at 200 range?
Sameet Chavan: The stock does not have any encouraging signs and will see traction once it touches levels of Rs 210.
Ranajit Ray: I hold 200 shares of Dilip Buildcon at Rs 1,015. Please advise.
Astha Jain: I recommend you to hold on if you have a long-term view.
Venkatesh: Is BPCL a good buy or a sell call from a short-term perspective?
Sameet Chavan: If you have to go long, then wait for a breakout around Rs 410 and wait for the stock to slide below Rs 390 if you have to short this counter.
Dharun Rao: I need a view on Exide Industries?
Astha Jain: I recommend you to hold if you have a long-term view as the financials of the company are healthy.
Sidharth Rawat: I hold 10,000 shares of IOC at Rs 177 with a time frame of 10 days. What should I do?
Sameet Chavan: The stock could extend further if it touches Rs 175 levels but keep a stop loss of Rs 168 after which it will continue its downward movement.
Ameer Azam: I hold 6,000 shares of Gati at Rs 102. Please advise.
Astha Jain: I recommend you to exit the stock as there is more downside and the financials do not look good.
Vijay Shankar: I hold 1,000 shares of Kwality at Rs 62. What should I do?
Astha Jain: I recommend you to exit the stock and rather look at HUL, Prabhat Dairy or Umang Dairy from the same space.
Analysts’ disclosure: Both the analysts do not have any financial interests and do not hold any stocks discussed today.
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