Watch the interview of Hemen Kapadia of KR Choksey Securities who shared his readings and outlook on specific stocks and sector & Feroze Azeez of Anand Rathi Financial Services answered a few personal finance queries.Below is the verbatim transcript of Hemen Kapadia's interview with CNBC-TV18:ILandFS Engineering Going just by charts, ILandFS Engineering is a hold. The stock has been going nowhere, in the sense the market has done quite well over the last few years and the stock has been underperforming. I don’t see a problem with a stoploss of Rs 56 and a target of Rs 93. However, if one wants to shift then he/she can shift to something else because the stock is just not performing. SBI & Axis Bank State Bank of India (SBI) is relatively better than Punjab National Bank (PNB) and Oriental Bank of Commerce (OBC) but the outlook is the same for all. Their woeful underperformance doesn’t change in a hurry and it doesn’t seem to be going away in a hurry despite the recapitalisation plans of the government. So, the pressure is expected to continue. Unless one is a very long-term investor, maybe three years or more, then one can afford to hold on to it or buy on declines. However, anything before that I am not sure if this is going to change significantly. Technically speaking Axis Bank looks good. The Bank Nifty is right now under pressure but from a medium-term point of view, on declines Axis Bank looks relatively better. If one is going to hold for three years or more then he/she can hold on to SBI or if one doesn’t want to wait that long, on declines can switch to Axis Bank. IRB Infrastructure IRB Infrastructure has seen 11 months of sideways moment, a big range between Rs 210 and Rs 290. We have gone nowhere. We have seen alternate bouts of buying and selling. One needs to hold on. I would be very scared if it breaks Rs 210. It does not look like if it has not broken up till now. The day we take out Rs 280-290, we are set for a 30-40 percent upside from there. So, as of now, technically it is a hold.
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