Should you buy, sell or hold L&T, Tata Power, Biocon, other stocks now?

Share Market News: Domestic equity benchmarks Nifty 50 and Sensex began Thursday's session on a negative note amid selling pressure in IT, energy, FMCG and auto shares. This marks the last session of the October F&O series as well as Samvat 2080. As investors await more corporate earnings from India Inc for cues, here's how brokerage view a bunch of stocks on Dalal Street now. 

Should you buy, sell or hold Larsen & Toubro (LT) shares?

After market hours on Wednesday, private sector construction major L&T staged a strong financial performance for the September quarter. 

L&T registered a 5.4 per cent year-on-year increase in its consolidated net profit to Rs 3,395 crore for the fiscal second quarter. Its revenue increased by more than one-fifth to Rs 61,555 crore, according to a regulatory filing.

The company's margin contracted by 70 basis points to 10.3 per cent due to higher costs and the base effect. However, it was within 50 bps of analysts' expectations. 

According to Zee Business research, L&T was estimated to register a net profit of Rs 3,288 crore, revenue of Rs 57,522 crore, and margin of 10.8 per cent. 

Should you buy, sell or hold Tata Power shares?

According to Jefferies, Tata Power's September-quarter EBITDA was 8 per cent above its estimate.

Should you buy, sell or hold Biocon shares?

Should you buy, sell or hold Cipla shares?

Should you buy, sell or hold Dixon Tech shares?

Should you buy, sell or hold Mastek shares?

Should you buy, sell or hold AIA Engineering shares?

Should you buy, sell or hold AB Capital shares?

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