Should you hold shares of Asian Paints Ltd.? Should you add shares of D-Mart operator Avenue Supermarts Ltd. at the current market price? Have you lost the chance to buy shares of Varun Beverages Ltd. at an attractive price? Is it the right time to exit Bata India Ltd.?
Asian Paints (CMP: Rs 2,622.80)
Doshi: Hold
- Margin pressure will remain in the future.
- Birla Opus and JSW Paints are “coming aggressively”.
Bata India (CMP: Rs 847.8)
Mishra: Hold
- Hardly any respite.
- Since 2021, the stock has been gradually drifting lower.
- Despite oversold positions, it has hardly seen meaningful recovery.
- There could be potential for marginal rebound.
JSW Energy (CMP: Rs 440.05)
Doshi: Sell
Avenue Supermarts (CMP: Rs 3,670.60)
Mishra: Hold
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Hold but trend still looks negative.
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Keep stoploss at Rs 3,600.
Varun Beverages (CMP: Rs 471.65)
Mishra: Sell
Siemens (CMP: Rs 2,184)
Doshi: Wait
- Don’t average at this level.
- Wait for one more quarter.
- Results are “not so great”.
- Valuations are still at the higher side.
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