Buy SKF 130@1555,Tata motor 440@306,Adani Ent 30@1466,HeroMoto 40@2688 ,Bayer Crop 52@5188 Can I buy more???
Answer
Answer
Let me address your stock queries one by one.
· SKF has more than doubled since you bought the stock. However, this is a big beneficiary of the macro industrial revival, so you can buy more to average.
· Tata Motors, while you are sitting on profits, I would not recommend adding too much as the consensus target price is close by.
· Adani Enterprises you can use dips to keep adding in the range of Rs.1300 to Rs.1400 as the company is likely to see value creation as the incubator of the Adani group.
· Hero Moto is under valued and it is close to your buy price. You can buy more and bet on valuation gap with Bajaj Auto narrowing.
· Bayer is not recommended to add more. In fact, look for opportunities to exit the stock.