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Bloomberg Quint

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Image Credit: Bloomberg Quint

Buy, Sell Or Hold: Cochin Shipyard, RIL, LIC, UltraTech, Power Grid, Wipro, Ireda — Ask Profit

  • Analysts provided insights on Cochin Shipyard, RIL, LIC, UltraTech, Power Grid, Wipro, Ireda, and Ola Electric Mobility.
  • For Cochin Shipyard, analysts suggest holding and selling, expecting a bounceback towards Rs 1,700.
  • RIL is advised as a buy opportunity due to being at a 52-week low with possible demerger expectations, while LIC is recommended for selling due to the low life insurance penetration in India.
  • UltraTech Cement is seen as a hold option in the cement industry's favorable outlook, and Power Grid is advised as a hold with expectations of positive short-term performance.
  • Wipro is recommended for buying based on strong support levels, while Ireda is suggested for holding but may take time for significant wealth creation.
  • Ola Electric Mobility is advised for selling due to competition challenges and recent performance issues.
  • Viewers are advised to consult their financial advisers before making any investment decisions.

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