Hindustan Zinc, Oil India, Maruti Suzuki, BEL — Ask Profit

Should you hold shares of Hindustan Zinc Ltd.? Should you add shares of Bharat Electronics Ltd. at the current market price? Have you lost the chance to buy shares of Maruti Suzuki India Ltd. at an attractive price? Is it the right time to exit PG Electroplast Ltd?

Hindustan Zinc (CMP: Rs 708.2)

D’Cunha: Avoid

Already risen significantly over the last months.
Valuations are still expensive.
There may be some growth since they are the third largest silver producer.
Still is expensive
Negative surprise in terms of output may provide negative surprise.
Risk-reward ratio not favourable.

Oil India (CMP: Rs 490.5)

D’Cunha: Sell

From a longer-term valuation perspective, crude prices have eased up.
Will generate higher returns.
Cyclical indices, prices will change based on geopolitical events.
Always wait for an opportunity to correct and accumulate the stock again.
Risen higher than most long-term averages.
Can accumulate at lower rates after.

Bharat Electronics (CMP: Rs 453)

D’Cunha: Hold

Will see a long road ahead for its growth.
Lot of orders from the government will go to high tech areas.
One should be a long term investor in this stock.
Wait for any correction before adding the stock.

Maruti Suzuki (CMP: Rs 14,877)

D’Cunha: Buy On Dips

While margins are also under pressure since commodities also rise.
Increasing prices on vehicles that company is selling in the market without impacting demand will be key.
Otherwise margins will be impacted.
Could be some more downside.
Could accumulate on lower price multiples over a longer period of time.