Should You Invest In Dabur Or Emami? #AskBQ
#AskBQ: Today, experts give their views on FMCG stocks like Dabur and Emami, Tata Motors, among others.
#AskBQ is BloombergQuint’s daily offering where market experts help investors make the right investment choice in the equity market.
In today’s episode, Abhijit Phatak, director, Definedge Solutions, and Parthiv Shah, director, TRACOM Stock Brokers Pvt Ltd, give their views on Kotak Mahindra Bank, TCS, Dabur, Emami, and much more.
Watch the full conversation here:
Edited excerpts from the conversation:
Sanjay Dongre: I have 3,000 shares of ICICI Securities from the IPO. Should I continue to hold on to it or invest in ITC?
Parthiv Shah:The valuations of ICICI Securities at the current level do not seem alright to me. I would recommend one to exit this stock and instead invest in ITC and Bharat Forge.
Romil Rawat: I bought shares of TCS at Rs 1,820 apiece. Shall I participate in the buyback?
Parthiv Shah: I would recommend one to hold on to their shares in TCS since I am bullish on this stock and it will do well in the long-run.
T.Sanmugan: What is the prospect of Exide Industries and Saregama? Is it a good idea to buy these at the current level?
Parthiv Shah: I am positive about Exide and it is doing well across all parameters. I would recommend one to hold on to the stock with a long-term view. I would recommend one to avoid the Saregama stock.
R.Balakrishnan: With a two-month view, is JK Lakshmi Cement placed well on the charts at the current level?
Parthiv Shah: This stock has done well and one can continue to hold on to the stock. I would recommend one to increase their time horizon to at least 6-12 months.
Abhijit Pathak: The stock has resistance near the Rs 350 level and it is a bullish sign for the stock if it closes there.
Akash: I have 2,000 shares of RBL Bank at Rs 566 apiece. What should I do with my investment? I am fine with holding on to the shares for longer as well.
Parthiv Shah: I would recommend one to enter the stock at the Rs 580-Rs 585 level. One should avoid entering the stock at the current level.
Ram Hegde: What is the target price for Kotak Mahindra Bank for the September series?
Abhijit Pathak: I expect the stock to give a pull-back in September. The Rs 1,330 level is a good level.
Melwyn: I have 20 shares of Glenmark Pharma at Rs 610 apiece. I have been holding on to the stock for 11 months, now. Should I hold on or sell it?
Abhijit Pathak: This is not a good time to book profits, but one can book partial profits. I am bullish about the stock and one can keep a stop-loss of Rs 650.
Raj Shah: I bought 2,500 shares of NESCO at Rs 440 apiece with a five-year view. Should I add more at the current level?
Parthiv Shah: I would recommend one to add more shares of this stock in bits. One can use the stock’s temporary weakness to add more.
Imran: Can I buy Titan at the current level, with a two-three year time period?
Parthiv Shah: This is a good stock and one can buy the shares of this stock at the current level with a long-term view.
Mani Murugan: I bought 400 shares of Bharatr Electronics at Rs 125 apiece. Should I hold, average or exit at the current level?
Abhijit Pathak: I would recommend one to hold on to the stock with a stop-loss below Rs 110.
Harshvardhan: What are some good trading strategies with a two-three month time period?
Abhijit Pathak: I would recommend one to invest in the Maruti Suzuki stock.
Raja Sankar: I wish to invest Rs 2 lakh in Dabur or Emami with a long-term view. What should I do?
Parthiv Shah: Dabur has sustained the competition in the FMCG sector and performed well. This is a good stock to hold on to.
Emami is a good group, too. Both the stocks are a good bet and one can invest in either of the stocks.
Rathina: I have 100 shares of SpiceJet at Rs 132 apiece with a one-year view. Should I hold on to the stock or add more shares?
Parthiv Shah: This is a good opportunity to add on to the aviation stocks. I would recommend one to invest in a staggering manner and not all at once.
Abhijit Pathak: I would recommend one to add on to the stock with a long-term view. Short-term investors may hold on to the stock with a stop-loss of Rs 75.
Salil: I have 265 shares of Indusind bank at Rs 1,454. I have been adding eight shares in this stock every month. I am also holding 108 shares of HDFC Bank at Rs 1,960 apiece. I have ten-year time horizon. Is SIP the best way to invest in these stocks?
Parthiv Shah: These are two great stocks with the time period in time. SIP is a very nice way to invest in these stocks. I would recommend one to invest in Nestle, P&G, and other sectors like the pharmaceutical sectors with a SIP approach.
Puneet: Can I buy Magma Fincorp at the current level with a two-three year view?
Parthiv Shah:I would recommend one to hold on to the L&T Finance Holding stock.
Krish: I have bought shares of Kokuyo Camlin at Rs 121 apiece with a three-month view. What do I do?
Abhijit Pathak:I would recommend one to book profits on half the stocks and hold on to the other half with a stop-loss of Rs 130.
Sanket Gade: I have 100 shares of Tata Motors at Rs 269 apiece with a five-seven year view. What should I do?
Patrhiv Shah: I would recommend one to wait and monitor the stock. One should hold on to the stock with a two-three year time frame.
Analyst disclosures: Both the analysts do not hold any stocks that were discussed today.
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.
Quintillion Business Media Pvt. (BloombergQuint) is not responsible for any risk or loss that might occur as a result of using this information in any way, regardless of your interpretation of the advice.
BloombergQuint’s digital and social media platforms provide views of only SEBI registered investment advisors/analysts.