Stocks

Market Insights: Buy, Sell or Hold Recommendations

Published December 13, 2024

In a recent segment of a financial show, experts Vikas Jain and Rakesh Singhal provided valuable insights on several popular stocks including Coal India, NCC, Titan, RVNL, KPI Green, IRCTC, and Vodafone Idea. They addressed investor queries regarding whether to buy, sell, or hold these shares based on their current performance and market trends.

Coal India (Current Market Price: Rs 410.65)

Vikas Jain: Buy.

  • Coal India remains a leader in the coal sector.

  • The stock is currently offering attractive buying opportunities.

  • It is recommended to buy at these levels.

Rail Vikas Nigam Ltd (RVNL) (Current Market Price: Rs 466)

Vikas Jain: Hold, accumulate at current prices.

  • RVNL is engaged in a robust railway infrastructure project segment.

  • The revenue prospects look promising.

  • Investors can consider adding to their positions at current prices.

Titan Company Ltd (Current Market Price: Rs 3,509.05)

Rakesh Singhal: Hold.

  • The stock is currently performing well according to technical analysis.

  • Potential resistance is observed around the 3,520 mark.

  • A stop loss should be placed at 3,380 levels to manage risk.

KPI Green Energy Ltd (Current Market Price: Rs 792.90)

Vikas Jain: Hold.

  • Profitability has been inconsistent over the last two quarters.

  • The stock appears to be overvalued compared to its peers.

  • It is advisable to wait for better clarity before proceeding.

NCC Ltd (Current Market Price: Rs 302.70)

Vikas Jain: Hold.

  • NCC has a strong order book supporting its long-term growth.

  • The stock has declined by approximately 15-17% from buying prices.

  • It is recommended to hold for a longer perspective.

IRCTC (Current Market Price: Rs 835.15)

Rakesh Singhal: Hold.

  • Resistance is observed at 860 levels, with potential to reach 885 if surpassed.

  • A stop loss of 810 is advisable for short-term investors.

Vodafone Idea (Current Market Price: Rs 7.99)

Rakesh Singhal: Buy, it's the right time to add.

  • Despite weak technical indicators, it's a favorable buying opportunity.

  • Investors can consider adding more shares.

  • Projected targets over the next 1-2 years could reach Rs 17.

Kaynes Technologies (Current Market Price: Rs 6,752.70)

Vikas Jain: Hold, wait to accumulate.

  • The company's growth outlook remains strong.

  • Holding the stock is recommended before further investments at current prices.

Raymond Ltd (Current Market Price: Rs 1,819.45)

Vikas Jain: Hold.

  • Raymond is undergoing a transition that could positively impact its brand.

  • The stock is performing steadily, and holding is advisable.

Trident Ltd (Current Market Price: Rs 36.63)

Rakesh Singhal: Hold for one year.

  • The stock is recovering from recent lows, but resistance is at Rs 40.

  • Long-term holding for at least one year is suggested.

Godfrey Phillips (Current Market Price: Rs 6,055.85)

Vikas Jain: Sell.

  • Switching to ITC Ltd may offer better growth opportunities.

  • It is advised to avoid this stock moving forward.

Disclaimer: The perspectives shared by the investment advisers are their own and not necessarily reflective of broader market opinions. Investors should consult with their own financial advisers before making any investment decisions.

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