IndusInd Or Yes Bank: Which Is A Better Bet? #AskBQ
#AskBQ | Expert advice on NBCC, Reliance Communications, IndusInd Bank.
#AskBQ is BloombergQuint’s daily offering where market experts help investors make the right investment choice — be it in equities, commodities or the derivatives markets.
On Wednesday’s episode, Sameet Chavan of Angel Broking Pvt. Ltd. and Parthiv Shah of Tracom Stock Brokers gave their views on NBCC India, Reliance Communications, IndusInd Bank, and many more.
Watch the full conversation here:
Edited excerpts from the conversation:
Sohail Mallebhari: Is it the right time to invest in NBCC India with a long-term view?
Parthiv Shah: Yes. The investor can bet on this company even at current high prices for the next five years.
Senthil Kumar: I bought 1,000 shares of Reliance Communications at Rs 20.20 apiece with a short-term view. Should I hold or sell?
Sameet Chavan: I would recommend the investor to book partial profits. Keep a stop loss at Rs 23.50.
Shubham Jalan: I bought 4,000 shares of Patel Integrated at Rs 91 apiece with a long-term view. What should I do?
Parthiv Shah: In the logistics sector, I would recommend stocks like Mahindra Logistics and Future Consumer instead.
Raman Mann: I bought 100 shares of Balkrishna Industries at Rs 780 apiece with a long-term view. What should I do?
Parthiv Shah: I would recommend the investor to remain invested as the company is niche having good fundamental ratios. We are extremely bullish on this counter.
Raj Shah: I bought 100 shares of Rain Industries at Rs 98 with a long-term view. Should I hold or sell?
Sameet Chavan: I would recommend the investor to hold onto the stock with a strict stop loss of Rs 340.
Srikanth: I bought 400 shares of Pushkar Chemicals and Fertilisers at Rs 127 apiece with a long-term view. What should I do?
Parthiv Shah: I recommend the investor to remain invested.
Vinay Jain: I bought 2,000 shares of Welspun Enterprises at Rs 141.50 apiece with a long-term view. Should I hold or sell?
Parthiv Shah: You can remain invested in the stock for the next two-three years.
Chandan Berry: Is it the right time to invest in Dwarikesh Sugar with a long-term view?
Sameet Chavan: Once can look to invest in Balrampur Chini instead, but only on dips.
Ravi Kumar: I bought 200 shares of Jindal Drill at Rs 165 with a short-term view. What should I do?
Sameet Chavan: The investor can remain invested with a stop loss of Rs 155.
Sathya Ashreev: I bought 100 shares of Ambuja Exports at Rs 80 with a long-term view. What should I do?
Parthiv Shah: We are very bullish on the prospects of the company, so the investor can continue to hold his positions.
Rohit Kumar: Which tyre stocks can I invest in with a 18-month time frame?
Sameet Chavan: One can start accumulating Ceat at current levels, with a stop loss of Rs 1,700-1,750.
Viren Kashyap: Which one between Yes Bank and IndusInd Bank is a better bet?
Parthiv Shah: I would go with IndusInd Bank, because Yes Bank’s position is still dubious on its asset quality.
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Analysts’ Disclosure:
- Sameet Chavan said he does not have any financial interest and does not hold any stocks that were discussed today.
- Parthiv Shah said she does not have any personal holdings in any of the stocks discussed.
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