Which Are Best Stocks With A Medium-Term View?#AskBQ
#AskBQ is BloombergQuint’s daily offering where market experts help investors make the right investment choice in the equity market.
Dyaneshwar Padwal of KIFS Securities and Gaurang Shah of Geojit Financial Services, share their views on RBL Bank, Kotak Bank, Avanti Seeds, Britannia Industrious among others.
Watch the full conversation here:
Anil Salaria: I need a long-term view on Graphite India.
Gaurang: I don’t cover the stock.
Lakshmi Adithya: What’s your view on Andhra Sugar which I bought at Rs 380?
Dyaneshwar: Any decisive move above Rs 387, it could gear up the stock and take it to Rs 440-460 level.
Jatin Patel: I have bought 200 shares at Rs 135. What is the long-term outlook?
Gaurang: It has got one of the best capabilities as far as warfare capabilities. In 4-5 years, this could be one of the best investment ideas. Continue to hold on. If you have invested in a higher level, it’s the time to average the position.
Sivakumar: I want to buy 100 shares of RBL Bank, which is the suitable price to enter the stock?
Dyaneshwar: I would suggest them to wait till the price reaches Rs 580-level and keep a stop-loss of Rs 565.
Gaurang: For a longer time horizon, don’t put all the money at once. Phase out your investment but start investing at current levels.
Aadit: Which are the best stocks you recommend with 4-5 year perspective?
Gaurang: Tata Steel in metals, M&M in auto space, Kotak Bank in banking pack, Dewan Housing Finance from the housing finance sector, Godrej Consumer from FMCG.
Yash: I hold Idea September futures at Rs 51.50. Should I exit or hold?
Dyaneshwar: Idea would be one of the laggers in the telecom space. i would suggest exit would be a better strategy.
Viewer: Would you recommend fresh entry in Nalco for a one-year time frame?
Dyaneshwar: It would be a fair value to buy at current price levels.
Sagar: My friends and I are planning an international trip. We are doing a systematic investment plan of 7,000 per month for one year to accumulate Rs 1 lakh. Which stocks should we buy?
Gaurang: It is difficult to take a call as you have multiple state elections and general election coming up. For a 2-3 year perspective, I would recommend to invest in large cap diversified mutual fund which is a relatively safer investment.
Sanjeev Kajoria: I hold 200 shares of BSE Ltd. at Rs 900. Should I hold or average?
Dyaneshwar: I would recommend hold if Rs 729 holds on a closing basis. Otherwise I would recommend an exit.
Ram Hedge: I have purchased Rs 1,386 Kotak Mahindra Bank October series. Should I hold or book losses?
Dyaneshwar: He should keep a stop-loss of Rs 1,220.
Manish Sharma: I hold Britannia and have 40 percent profit. Should I hold or exit?
Gaurang: I’m extremely bullish on FMCG sector. You may book with part of the investment to bring your costs down and stay invested in the rest.
Bhavani: Which of the following do you recommend for fresh entry for the next two months- Reliance Industries, Infosys, Axis Bank and Glenmark?
Dyaneshwar: I would go for Axis Bank. It will give a return of 10 to 15 percent. It could head towards Rs 750 mark.
Girish Patil: Which stocks do you recommend to investing Rs 10,000 in pharma sector?
Gaurang: I would choose Sun Pharma for a long-term perspective.
Sandhya: I have bought Thyrocare at Rs 602. Should I book profits?
Dyaneshwar: It is clearly in an up trend. Keep revising your stop-loss.
Vipam Raman: I have bought Avanti Feeds at Rs 520.
Gaurang: I don’t want to comment on the stock specifically. But they had problems with exports after tariff wars. I don’t see any meaninful revecory in their topline or bottomline.
Analyst disclosures: Both analysts don’t hold any stock 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.