Purchase, Promote Or Maintain: Mazagon, Cochin Shipyard, Infosys, Wockhardt, ONGC, Piramal Pharma — Ask Revenue



Must you purchase shares of Infosys Ltd. on the present market value? Have you ever misplaced the chance to purchase shares of Oil & Pure Gasoline Corp.? Is Bajaj Housing Finance…

Purchase, Promote Or Maintain: Mazagon, Cochin Shipyard, Infosys, Wockhardt, ONGC, Piramal Pharma — Ask Revenue

Must you purchase shares of Infosys Ltd. on the present market value? Have you ever misplaced the chance to purchase shares of Oil & Pure Gasoline Corp.? Is Bajaj Housing Finance Ltd. a sensible choice from a long-term perspective? Must you promote shares of Mazagon Dock Shipbuilders Ltd. on the present market value?

Vikas Jain, head of analysis at Reliance Securities, and Avinash Gorakshakar, head of analysis at Profitmart Securities, supplied insights on these investor queries and extra on Newsstate24 Revenue’s Ask Revenue present.

Mazagon Dock Shipbuilders (CMP: Rs 3,182.4)

Jain: Maintain

  • Buying and selling at all-time excessive ranges.

  • Defence shares will proceed to have constructive momentum.

  • Inventory is buying and selling at an all-time excessive.

  • Proceed to carry on.

  • Any highs close to Rs 3,600 and lows round Rs 2,800 are exit factors.

Cochin Shipyard (CMP: Rs 1,812.1)

Gorakshakar: Maintain

  • Clearly seen that margins had been below stress.

  • Defence enterprise is order to order pushed.

  • Some orders will not be as remunerative as others.

  • Executed properly on an annual foundation.

  • Has a superb long-term future.

  • Maintain inventory, interact in 50% revenue reserving if potential.

Jain: Maintain

  • Inventory is in euphoric zone for the previous few days.

  • Can e book 50% income and re-enter close to Rs 1,580 to Rs 1,600 ranges.

Infosys (CMP: Rs 1,613)

Gorakshakar: Maintain

  • Most of those IT firms are going through a giant problem for progress resulting from technological adjustments like AI.

  • Fiscal 2026 goes to be a problem for firms like TCS, Wipro and this one.

  • Maintain on for an extended interval.

  • Could take a few years to see costs arising once more.

  • Can’t count on progress of greater than 15–20%.

Wockhardt (CMP: Rs 1,283.4)

Jain/Gorakshakar: Purchase/Promote/Maintain

  • Holding this inventory for 2 extra years will give good upsides.

  • Its services aren’t all US FDA authorized but.

  • However it has numerous R&D molecules to operationalise.

  • It’s possible it should take over one other pharma firm.

  • Maintain for one and a half to 2 years.

ONGC (CMP: Rs 247.61)

Jain: Will Not See Upmove

  • Inventory wouldn’t see any nice upmove between Rs 275 and Rs 280 higher ranges.

  • It’s invested with relation to the crude oil costs, that are close to 52-week lows, resulting in underperformance.

  • On the upper aspect, Rs 265-Rs 270 is the primary band of resistance space, on the draw back Rs 240-245 is assist.

Piramal Pharma (CMP: Rs 208.61)

Jain: Maintain

  • It’s on the verge of a powerful longer-term breakout with convergence of averages.

  • Can accumulate the share at present ranges, first quick goal could be someplace round Rs 240-245.

  • If that’s being crossed, it may possibly stick with its earlier all-time excessive of Rs 310 for the subsequent one yr.

Bajaj Housing Finance (CMP: Rs 122.99)

Gorakshakar: Maintain

  • A part of Bajaj group.

  • Group has at all times rewarded its shareholders.

  • Fourth quarter numbers have been very encouraging.

  • Very properly positioned by way of asset high quality and disbursement of funds.

  • Maintain for the subsequent 13–18 months.

Suzlon Power (CMP: Rs 61.22)

Jain: Maintain

  • Proceed to carry.

  • Construction appears to be like constructive.

  • Inventory is in momentum.

  • Anticipated to see some upmove close to Rs 65–66, which is the 200-day common and minor resistance.

  • If this resistance is damaged out, can see a bigger development taking part in out.

Disclaimer: The views and opinions expressed by the funding advisers on Newsstate24 Revenue are of their very own and never of Newsstate24 Revenue. Newsstate24 Revenue advises customers to seek the advice of with their very own monetary or funding adviser earlier than taking any funding determination.

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