Should you add shares of Anant Raj Ltd.? Should you hold shares of Canara Bank Ltd. at the current market price? Have you lost the chance to buy PC Jewellers Ltd.'s stock at an attractive price? Should you sell shares of Eternal Ltd.? Ruchit Jain, Vice President of Equity Technical Research at Wealth Management, Motilal Oswal Financial Services Ltd, and Rajesh Agarwal, head of research, AUM Capital provided insights on these investor queries and more on NDTV Profit's Ask Profit show. Anant Raj (CMP: Rs 554.70) Agarwal: Hold Prices are rangebound. Next resistance at Rs 590-Rs 600. Hold the stock. Canara Bank (CMP: Rs 127.19) Jain: Hold Leadership has come more from private sector banks than PSU for upmove. Support at Rs 117- Rs 120. Keep stoploss at Rs 115. Continue to hold for now. Take a call on the stock post the numbers. PC Jewellers (CMP: Rs 415.05) Jain: Hold Hold existing positions. Don't ...
Laser Power & Infra Ltd., an integrated manufacturer of power cables, conductors and specialised products for the power transmission and distribution industry, will launch its Rs 742-crore initial public offering on July 9. The issue will close on July 13, according to its red herring prospectus. The IPO comprises a fresh issue of equity shares worth Rs 542 crore and an offer for sale of shares aggregating up to Rs 200 crore by promoter selling shareholders. Net proceeds from the fresh issue will be used towards repayment or prepayment of borrowings amounting to Rs 490 crore, and for general corporate purposes. The company operates three manufacturing units in West Bengal and reported revenue of Rs 2,326 crore and net profit of Rs 151 crore in FY26. Its order book stood at Rs 3,243 crore as of March 31, 2026. Laser Power, which also has an engineering, procurement and construction division, is a licenced stranding partner of US-based TS Conductor, allowing it to locally manuf...