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Apr 23, 2012, 08.06 AM IST | Source: Moneycontrol.com

KYI: Expert tells you what to buy, sell or hold

Moneycontrol.com got Manoj Sachdeva, research head, Hem Securities to answer the stock queries you sent us on our Facebook page as part of KYI (Know Your Investment). Check out his comments.

Manoj Sachdeva, Research Head, Hem Securities

The Indian market has been extremely volatile over the last few days. It is embedded with uncertainties on both domestic as well as on the international front. 

Moneycontrol.com got Manoj Sachdeva, research head, Hem Securities to answer the stock queries you sent us on our Facebook page as part of KYI (Know Your Investment). Check out his comments.

Bhavesh K. Shah: What is your view on Adani Port ?

A: Adani Ports and Special Economic Zone along with Essar Ports are competing to win a bid to build Rs 3,683 crore mega container terminal at Chennai Port. While Adani's base is in Mundra, the Essar group has a strong presence in Vadinar and Paradip ports. The two Indian conglomerates were the only bidders for the Rs 3,700-crore project, designed to handle four million 20-foot containers annually. Technically, it is consolidating between Rs116-149 level. One can buy the stock between Rs.116-120 and sell at higher level of Rs.150 level.

Jayaprakash Mamindlapalli: What is your outlook on L&T Finance , Adani Power and DCB from two-three year prospective?

A: L&T Finance Holdings' (LTFH) subsidiary - L&T Finance (LTF), has executed definitive agreements to acquire FIL Fund Management (Fidelity AMC) and FIL Trustee Company, the companies carrying on the mutual fund business of Fidelity in India, subject to regulatory approvals. Lazard was the financial advisor to L&T Finance in the transaction. Technically, the stock is looking good and the major support is at the level of Rs 37.50; one can hold the stock with target of Rs 56-60 level for short to medium term investment horizon.

Adani Power has reported a net loss of Rs 358.42 crore for the quarter ended December 31, 2011 as compared to net profit of Rs 109.11 crore for the same quarter in the previous year. The stock has made bottom of Rs.60 and it is consolidating between Rs 60-80 level; if it gives a closing of below Rs 60 level, one can exit the stock.

Development Credit Bank has reported 52% jump in net profit at Rs 17.3 crore in the fourth quarter ended March 31, 2012 as against Rs 11.4 crore in the year-ago period on the back of lower provisioning and overall reduction in costs. Meanwhile, the bank's gross NPA ratio came down to 4.40% at Rs 7 crore during the quarter under review from 5.85% or Rs 11 crore. Its net NPA ratio improved to 0.57% from 0.96%. For the full year, the bank saw its net profit more than doubling to Rs 55.1 crore from Rs 21.4 crore, driven by lower provisioning, which massively came down to Rs 29 crore from Rs 65 crore. For the full fiscal, NIM was 3.25% as against 3.13% last fiscal. Fundamentally and technically, the stock is looking strong. One can buy at current level for long term view for the target of Rs.65.

Mir Aijaz: What is your call on Lanco Infratech ?

A: Lanco Solar, a fully owned subsidiary of Lanco Infratech - the fastest growing business conglomerates in India with interests in EPC, Power, Solar, Resources and Infrastructure has completed a total of 56MW Grid connected Solar Photovoltaic Power Plants in Gujarat. The stock has major support at Rs13 and if breaks above Rs 20 level; it can go upto Rs 30 level. So, one can hold the stock with stoploss of Rs13.

Devendra Khandelwal: What is the future of Reliance Industries ?

A: RIL reported its second consecutive quarterly drop in profit, hurt by weak refining margins and declining gas output from its offshore fields but one can hold RIL with stoploss of Rs 685; if it gives breakout above Rs 780, it may touch the level of Rs 840-900.

Sumit Ksherasagar: What is your view on BHEL ?

A: State-run Bharat Heavy Electricals' provisional net profit rose by 14.25% to Rs 6868 crore for the just concluded 2011/12 fiscal year as compared to Rs 6011 crore for last fiscal year that ended on March 31,2011. The stock is looking good. One can hold the stock with stoploss of Rs.220 and for the target of Rs.280-320.

Aman Sharma: What about Kingfisher Airlines ?

A: Cash strapped Kingfisher Airline, is in discussions with Delhi International Airports (DIAL) for rescheduling its dues. The ailing airline owes around Rs 56 crore to DIAL. One can hold the stock with stoploss of Rs.14 with the target of Rs 24 with short term view.

Vikash Kumar: What is the future prospect of Cox & King ?

A: Cox & Kings (CKL) is the longest established travel company in the world since 1758. Headquartered in India, it is a premium brand that caters to the overall travel needs of the Indian and International traveller. Cox & Kings operates across 4 continents and 25 countries through branch offices, subsidiaries, representative offices, franchised sales shops as well as through our global network of sales agents. One can hold the stock with stoploss of Rs.123 level and for the target of Rs.140-150 level.

Mukesh Lovely Thareja: Is Titan Industries good for long-term?

A: Titan Industries' arm - Titan Eye Plus, India's leading eyewear retail chain has expanded its product bouquet by unveiling its latest collection of 'Blue' sunglasses by in-house brand Cabana. The launch is another step by the company towards bringing international trends to the Indian market. The new collection of sunglasses is inspired by the latest range in the color blue across eye wear and sunglasses internationally. The stock is looking good; one can buy for the target of Rs 260-280 keeping stoploss of Rs 220.

Pal Rajkhowa: What will be the one-month target for Bharti Airtel ?

A: Bharti Airtel, a leading global telecom services provider has rebranded its B2B business as Airtel Business.  It reinforces its commitment of delivering innovative business solutions and a superior brand experience to all its large and small enterprises, government and carrier customers across the globe through this new identity. The stock is looking good; one can hold the stock for the target of Rs 340-360 level with stoploss of Rs 300.

Ritesh Gupta: Is Suzlon Energy good for the long-term?

A: The stock is looking weak at current level, one can sell the stock with stoploss of Rs 22 for target of Rs 14-10.

Alap Shah: What is the future of A2Z Maintainance & Engg services? I have bought at Rs 168 in November 2011. Should I hold or book the loss?

A: Profit after Tax for the quarter ended December 2011 saw a decline of 67.17% from Rs 135.84 millions to Rs 44.60 millions. The Operating Profit of the company witnessed a decrease to 242.40 millions from 395.07 millions. One can sell the stock with stoploss of Rs116 and for the target of Rs 101-92.

Arun Gupta: I have bought 250 shares of Jain Irrigation . Should I hold or sell?

A: The company manufactures drip and sprinkler irrigation systems, besides agro-processed products like dehydrated vegetables and fruits. One can hold the stock with stoploss of Rs 75 and for target of Rs 100-108.

Abhishek Parikh: What is your call on Bartonics?

A: Bartronics India (BIL) is a provider of automatic identification and data capture (AIDC) solutions. The company is engaged in providing solutions in bar coding, AIDC technologies, RFID, POS and smart cards. One can hold the stock with stoploss of Rs 30 and for the target of Rs 40-44.

Raju Jain: Can I hold MCX for one-year?

A: Multi Commodity Exchange of India is the leading commodities exchange in India based on value of commodity futures contracts traded. They are a de-mutualised exchange and received permanent recognition from the Government of India. The stock is looking good for one-year investment horizon. One can hold the stock for the target of Rs 1,390 and keeping stoploss of Rs 1,210.

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