Should you add shares of Varun Beverages Ltd.? Should you hold shares of State Bank of India at the current market price? Have you lost the chance to buy Trent Ltd’s stock at an attractive price? Should you sell shares of FSN E-Commerce Ventures Ltd?
Vishnu Kant Upadhyay, assistant vice president of research and advisory, and Rajesh Agarwal, head of research, AUM Capital, provided insights on these investor queries and more on NDTV Profit’s Ask Profit show.
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Varun Beverages (CMP: Rs 445)
Agarwal: Hold
- Strong company, no doubt.
- One can average.
- Second largest bottler of Pepsi outside US.
- Moved into liquor business.
- Faces competition from Campa Cola.
- Good levels to add too.
- Continue to hold.
State Bank Of India (CMP: Rs 1,045)
Agarwal: Hold
- Strong to hold for a long term.
- Can continue holding.
- One should wait for results before buying.
Trent (CMP: Rs 3,050)
Upadhyay: Buy
- Good time to enter stock.
- Risk reward is in favour.
- Immediate support at Rs 2,834.
- Keep stoploss at support.
- Go long on higher side.
- Expecting Rs 3,350-Rs 3,380 levels can’t be ruled out.
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FSN E-Commerce Ventures (CMP: Rs 344.90)
Agarwal: Hold
- Doing good in online, moving into offline stores too.
- Reporting profits for long period of time.
- Numbers improving, Revnnue moving up and offline presence is increasing.
- Hold for target of Rs 400.
ITC (CMP: Rs 287)
Agarwal: Buy
- Better choice than peers in FMCG space.
DLF (CMP: Rs 668.55)
Agarwal: Buy
- One can enter, debt-free company, doing good.
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Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.