Market Experts Share Investment Views on Titan, BSE, Kalyan Jewellers, SBI, and BHEL
Investment experts G Chokkalingam and Ruchit Jain provided stock recommendations on NDTV Profit's Ask Profit show, covering major companies across multiple sectors. Key recommendations included a buy rating for Titan Company at ₹3,991.65, hold suggestions for SBI (target ₹1,000.00) and BSE at ₹2,651.00, and cautious approaches for Kalyan Jewellers and LG Electronics due to sector-specific challenges.
*this image is generated using AI for illustrative purposes only.
Investment experts provided detailed recommendations on several prominent stocks during NDTV Profit's Ask Profit show, offering guidance to investors on key market positions. G Chokkalingam, Founder & MD of Equinomics Research, and Ruchit Jain from MOFSL shared their analysis on stocks across banking, jewellery, electronics, and pharmaceutical sectors.
Banking and Financial Services Recommendations
For State Bank of India, trading at ₹966.40, Chokkalingam recommended a hold strategy with a target price of ₹1,000.00. He noted that beyond this target, the stock's performance potential appears limited.
Regarding BSE, currently priced at ₹2,651.00, Jain suggested investors hold their positions. He explained that while the overall structure remains positive, shorter-term consolidation may occur, though the broader outlook appears favorable for long-term positions.
Jewellery Sector Analysis
The experts presented contrasting views within the jewellery sector. For Titan Company, trading at ₹3,991.65, Jain issued a buy recommendation, citing good outperformance and potential for continued sector leadership.
| Stock | Current Price | Recommendation | Expert | Key Rationale |
|---|---|---|---|---|
| Titan Company | ₹3,991.65 | Buy | Ruchit Jain | Good outperformance, sector leader |
| Kalyan Jewellers | ₹491.45 | Hold, Exit on Upmove | Ruchit Jain | Consolidation phase, low volumes |
| PC Jeweller | ₹9.29 | Sell | Ruchit Jain | Technical weakness, underperformer |
For Kalyan Jewellers India at ₹491.45, Jain recommended holding existing positions while suggesting exits on any upward movement. He observed consolidation over the last four to five sessions with relatively low daily volumes and no clear breakout signals.
Industrial and Consumer Sector Views
Bharat Heavy Electricals Limited, trading at ₹281.60, received a hold recommendation from Chokkalingam for long-term investors, indicating confidence in the company's extended prospects.
In the consumer durables space, LG Electronics at ₹1,521.90 prompted a cautious stance from Chokkalingam. He advised existing shareholders to hold but recommended against new purchases, citing valuation contraction in the consumer durables sector. He suggested the stock should fall below ₹1,300.00 to present a buying opportunity.
Pharmaceutical Sector Assessment
Sudeep Pharma, currently priced at ₹622.25, received a clear don't buy recommendation from Chokkalingam. He emphasized that even after potential corrections, the stock remains overvalued based on his research analysis.
Technical and Fundamental Considerations
The experts' recommendations reflected both technical analysis and fundamental considerations. Jain's assessment of PC Jeweller highlighted technical concerns, noting a "low top lower bottom structure" with no reversal signs and describing it as a relative underperformer within its sector.
The analysis covered various market dynamics, including sector-specific challenges such as valuation compression in consumer durables and performance differentiation within the jewellery sector. The experts emphasized the importance of considering both short-term technical patterns and longer-term fundamental prospects when making investment decisions.
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