Business

Buy, Sell Or Hold: NCC, Dr Reddy’s Labs, Tata Motors, Marine Electricals – Ask Profit

By Divya Prata

Copyright ndtvprofit

Buy, Sell Or Hold: NCC, Dr Reddy's Labs, Tata Motors, Marine Electricals - Ask Profit

Should you add shares of Dixon Technologies (India) Ltd.? Should you hold shares of NCC Ltd. at the current market price? Have you lost the chance to buy shares of Dr Reddy’s Laboratories Ltd. at an attractive price?Vinit Bolinjkar, Head of Research at Ventura Securities and Swati Hotkar, AVP-Equity Technical Research at Nirmal Bang Securities provided insights on these investor queries and more on NDTV Profit’s Ask Profit show..Bolinjkar: HoldMarket sentiment is down across the board and not just NCC, so recommend holding on to the stock on a long term basis..NCC Secures Rs 792-Crore Worth Of Government Orders.HotkarMaintain a cautious view.More selling pressure can be seen.Upside momentum has been restricted..Protean eGov Technologies’ Core Business To Grow Around 12% CAGR: CEO.Hotkar: SellThe rally is likely to be extended on the downside.Fresh positions can be initiated if the stock manages to break out of the Rs 17,000 psychological mark..Bolinjkar: HoldDr Reddy’s Laboratories is a very strong company.Can continue to hold the stock for a long term..Dr. Reddy’s Acquires J&J’s Stugeron Portfolio For Rs 445 Crore, Enters Anti-Vertigo Segment.Bolinjkar: SellContinue to be cautious on Tata Motors owing to JLR headwinds.Prefer Maruti as it is better situated than Tata Motors to benefit from the EV growth story..Sept Auto Sales Preview: GST 2.0 Drives Bumper Month! Eicher, TVS, Tata Motors To Lead Growth.Bolinjkar: HoldQuite positive about management and growth output.Recommend holding on to the stock from a long term perspective..Trade Setup For Oct 1: Nifty Support Moves To 24,500 Ahead Of RBI Rate Decision.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.