Buy, Sell Or Hold: ITC, Tata Power, Sona BLW, TARIL - Ask Profit

Should You Invest in Tata Power, ITC, and Sona BLW?

Investors are seeking advice on whether to hold or buy shares of Tata Power, ITC, and Sona BLW, among others. In a recent episode of NDTV Profit's Ask Profit show, Swati Hotkar, AVP-Equity Technical Research at Nirmal Bang Securities Pvt Ltd, and Aastha Jain, Sr Research Analyst at Hem Securities, provided their insights.

Tata Power (CMP: 365.85)

Aastha Jain recommends holding onto Tata Power shares, citing the company's good numbers due to its increasing solar footprint. Solar rooftops are expected to be a major driver of growth, making it a good time to buy.

• Target Price: Rs 400

ITC (CMP: 315.20)

Swati Hotkar advises holding ITC shares at a long position, targeting a price range of Rs 350-380. The risk-reward ratio is favorable, and the stock has corrected sharply from the 450-300 levels.

• Target Price Range: Rs 340-380

Sona BLW (CMP: 532.80)

Swati Hotkar suggests holding Sona BLW shares for long positions, as the stock has strong potential to reach at least Rs 600-650 levels. A new trend and fresh buying are expected in the stock.

• Target Price Range: Rs 600-650

TARIL (CMP: 247.60)

Aastha Jain advises holding or making an entry into TARIL shares, citing the company's strong product range and 30% rise in topline. The price target is expected to be Rs 280-Rs 290.

• Target Price Range: Rs 280-Rs 290

Rapid Fire Recommendations

Here are some rapid fire recommendations from Swati and Aastha:

• Power Grid: Hold
• Awfis Space: Exit from this counter
• ONGC: Hold at CMP
• KPEL: Hold
• Indian Hotels: Buy at current level
• Biocon: Hold or Buy
• Suzlon: Hold
• Hind Copper: Hold on to long positions

Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.