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Bloomberg Quint

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Image Credit: Bloomberg Quint

Buy, Sell Or Hold: Persistent Systems, M&M, Nestle, Infosys, ITC, Tata Power — Ask Profit

  • Persistent Systems: The current outlook is negative, with a further decline in stock price expected. It's advisable to wait for the right opportunity to invest.
  • Mahindra & Mahindra: The stock's fundamentals and technical indicators appear weak. Investors are advised to follow a sell-on-rise strategy.
  • Nestle India: Investors can hold the stock as it shows upside potential, targeting Rs 2,350–2,400. No new buying of the stock is recommended.
  • Infosys: Investors with a longer time frame can consider holding onto their stocks. If there is a price rise, it is advisable to exit Infosys around Rs 1,560–1,590 levels.
  • ITC: The investor holds a neutral stance on the stock. Britannia Industries is currently gaining momentum among other FMCG stocks.
  • Tata Power: The analyst maintains a bullish outlook on the stock and suggests buying on dips.
  • Sagility India: Investors can hold the stock but should not expect significant upside at current levels. Some upside potential may be realized with a longer holding period.

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