Indiabulls Securities Ltd(Sell)
The results of the company in fourth quarter of last fiscal were not good. The company has weak fundamentals, and its financial performance has been in contrast to its peers like Geojit BNP Paribas which has sailed along with the positive trend in the industry. No upside in the stock is expected in the next 2-3 quarters.
Nagarjuna Fertilizers & Chemicals Ltd(Hold)
The results of the company in fourth quarter of last fiscal were not good. The company has weak fundamentals, and its financial performance has been in contrast to its peers like Geojit BNP Paribas which has sailed along with the positive trend in the industry. No upside in the stock is expected in the next 2-3 quarters.
Nagarjuna Fertilizers & Chemicals Ltd(Hold)
In the short-term chart, the stock has been clocking higher tops and higher bottoms which indicates an upside to it. Hold with a stop loss of 28. As soon as it moves above 40 mark, accumulate more of the stock.
Reliance Industries Ltd(Hold)
Reliance Industries Ltd(Hold)
The company has recently been in news over CAG report and gas output . Input costs and gas exploration claims by the company may have impacted the stock. Still the recent foray of the company into the insurance sector is a big positive for the company. Margins from its gas business are still attractive. With FIIs buying into the Indian market, the stock of this conglomerate is expected to do well in the future.
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