InvestorQ : Can I take profits out of SBI Life? Also I bought Bector and Shilpa at much lower levels, so can I exit these stocks? Do you suggest buying fresh stocks now?
Dawn Cherian made post

Can I take profits out of SBI Life? Also I bought Bector and Shilpa at much lower levels, so can I exit these stocks? Do you suggest buying fresh stocks now?

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diksha shah answered.
3 months ago
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Actually, you can do that and you should do that. Let me explain why I am also asking you to exit SBI Life at a small gain. This will help you to lighten your position overall. In addition, life insurers could come under pressure as claims mount in the coming months after the recent spate of COVID deaths. Here is a quick view.

· SBI Life at Rs.928 (CMP-940) – Book Profits

Regarding your query on Bector and Shilpa, we continue to be positive on the stock even from these levels but you can take a call in your specific case based on the returns that you are making, assuming that you were lucky to get in at much lower prices.

I am giving a fresh by suggestion after a fairly long break. You can buy Laurus Labs at Rs.465 for upside targets of Rs.525 in one-month time frame. Laurus will be a big beneficiary of the expected boost in demand for active pharma ingredients or APIs. In addition, vaccination drive taking off in a big way, is also positive for Laurus Labs.

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