Stocks

Buy, Sell Or Hold: Insights on Stocks Including Coal India, Titan, and Vodafone Idea

Published December 13, 2024

In the most recent episode of 'Ask Profit', experts Vikas Jain, head of research at Reliance Securities, and analyst Rakesh Singhal provided their insights on popular stocks, guiding investors on whether to buy, sell, or hold various shares. This discussion is crucial for investors evaluating options in the current market.

Coal India (Current Market Price: Rs 410.65)

Jain: Buy.

  • The stock continues to lead in the coal business segment.

  • Recent price adjustments present excellent buying opportunities.

  • It remains a strong buy at current valuations.

Rail Vikas Nigam Limited (RVNL) (CMP: Rs 466)

Jain: Hold, accumulate at current prices.

  • The segment for railway infrastructure projects remains solid.

  • Revenue figures for RVNL are promising.

  • Investors can consider adding at these levels.

Titan Company Limited (CMP: Rs 3,509.05)

Singhal: Hold.

  • The stock appears to be in a favorable position technically.

  • Potential resistance level is at Rs 3,520.

  • Keep a stop-loss at Rs 3,380.

KPI Green (CMP: Rs 792.90)

Jain: Hold.

  • Profitability has not met expectations in recent quarters.

  • The stock experiences some valuation concern compared to peers.

  • Investors should wait for more clarity before making new commitments.

NCC Limited (CMP: Rs 302.70)

Jain: Hold.

  • The company's order book looks robust.

  • The stock has seen a decline of about 15-17% from earlier purchase prices.

  • Long-term holders should remain invested.

IRCTC (CMP: Rs 835.15)

Singhal: Hold.

  • Resistance is expected at Rs 860; breaking this may push the price to Rs 885.

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

Vodafone Idea (CMP: Rs 7.99)

Singhal: Buy, right time to add.

  • The stock currently shows weakness technically.

  • Despite this, it presents a good buying opportunity.

  • For the next one-two years, the target could reach Rs 17.

Kaynes Technologies (CMP: Rs 6,752.70)

Jain: Hold, wait to accumulate.

  • The company shows potential for growth.

  • It is wise to hold the stock for now.

  • Consider accumulating at better pricing.

Raymond Limited (CMP: Rs 1,819.45)

Jain: Hold.

  • Raymond is navigating a transition phase.

  • The stock remains poised for a positive outlook.

  • The ongoing demerger may enhance its lifestyle brand operations.

Trident Limited (CMP: Rs 36.63)

Singhal: Hold for 1 year.

  • The stock price is currently high and attempting recovery.

  • Resistance is expected at Rs 40.

  • Investors should aim to hold for at least a year.

Godfrey Phillips India (CMP: Rs 6,055.85)

Jain: Sell.

  • Switching to ITC Ltd. may offer better growth prospects.

  • It is advisable to avoid this stock altogether.

Disclaimer: The insights presented by the investment advisers are personal opinions and do not constitute financial advice. Always consult with your own financial or investment adviser before making investment decisions.

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