LIC IPO has disappointed most of the investors. However I expect strong rise in the profits for the period October to March 22. Wait for H2 results and thereafter the scrip can show strong buying. Hold
In spite of severe correction in the price of IRCTC, I donot have any bullish expectation about this scrip. I fear in coming days, the scrip is expected to continue downward trend.
Many of the analysts are very bullish about this scrip. However it failed to match the investor expectations since last 20 years. Better shift to some other bank stock such as Bank of India, or CSB bank.
In the very short term , all FMCG stocks are expected to perform badly due to very high inflation and its impact on consumer buying. Yet as a long term investment, the scrip has very strong future. You must be aware the company recently acquired Basmati Rice brand : Kohinoor and similar way further acquisitions are expected. Do retain the scrip.
The company has very strong business and its AMC business has very strong future, we all know. and yet because of fear of drop in its income from Equity funds, the scrip has corrected substantially. I suggest , if you have investible funds, do invest in this scrip with 2/3 years angle and you will earn strong profits.
Laurus lab now at Rs. 528 is expected to show down trend.
We suggest to book losses at the scrip.
Motherson Sumi is expected to continue down trend for the next few weeks.
Zomato even if bought at Rs. 135, must be retained and accumulated at current low price. It has very bright future.
Tata Steel LLP has announced impressive retults and yet, just like Tata Steel and other steel scrips, this scrip is in down trend and is expected to continue down trend. However from long term angle,, you should retain this scrip. It will give handsome profits in next few months.