Market Experts Share Buy-Sell Views on PNB Housing Finance, Oswal Pumps, Muthoot Microfin, Lemon Tree Hotels, IRFC, and NMDC

Market experts provided detailed investment recommendations on six prominent stocks during NDTV Profit's Ask Profit show, offering insights into current market opportunities and risks. Vaishali Parekh, Vice President of Technical Research from Prabhudas Lilladher, and Rajesh Agarwal, Head of Research at AUM Capital, shared their analysis on stocks across various sectors including housing finance, manufacturing, microfinance, hospitality, railways, and metals.

Buy Recommendations

PNB Housing Finance

Parekh recommended a buy position on PNB Housing Finance, citing the stock's technical breakout pattern. She noted that the stock is already showing a positive trend and investors can continue holding for higher targets as momentum builds. The recommendation comes as the company recently received a rating upgrade from India Ratings, supporting the positive technical outlook.

Oswal Pumps

Parekh also issued a buy recommendation for Oswal Pumps, indicating that selling pressure appears to be subsiding and the stock is entering a positive trend. She advised investors to continue holding existing positions and add more shares at current levels, expecting price appreciation as momentum builds.

Lemon Tree Hotels

Agarwal recommended a buy on decline strategy for Lemon Tree Hotels, expressing optimism about the hospitality sector's growth prospects. He highlighted the sector's expansion in tier one and two cities, rising booking volumes and prices, and expected uptick during festive and wedding seasons. The analyst suggested using any price dips as buying opportunities.

Sell Recommendation

Muthoot Microfin

Agarwal advised investors to sell Muthoot Microfin, citing sector-wide challenges related to asset quality issues. He recommended exiting the position on any uptick and reinvesting proceeds into alternative NBFC options such as Jio Financial Services or Poonawalla Fincorp for better risk-adjusted returns.

Hold and Neutral Positions

Indian Railway Finance Corp (IRFC)

Parekh noted that IRFC has experienced a recent run-up and established a positive trend, with potential for further upward movement. The observation comes following the company's successful maiden zero-coupon bond issuance worth ₹2,981 crore.

NMDC

Agarwal recommended a hold position on NMDC despite acknowledging the company's strong fundamentals as India's largest iron ore producer. While praising the company's robust balance sheet and consistent dividend payments, he noted that the stock has underperformed historically, reflecting broader challenges in the metals sector.

The experts emphasized that these recommendations are based on current market conditions and technical analysis, advising investors to consult with their financial advisors before making investment decisions.