Tech Query: Hitachi Energy India, Apar Industries, Wendt (India), Laxmi Organic Industries; What Is The Outlook & Where Are These Stocks Headed? 

I have bought Hitachi Energy India shares way back in 2020 at ₹1,000. Should I continue to hold or exit?

Ramesh M Tavhare, Mumbai.

Hitachi Energy India (₹20,283): The trend is up and strong. The share price can rise to ₹23,500. As you are sitting on a huge profit, it is important to protect it. Immediate support is at ₹19,000. A break below it can drag the stock down to ₹17,000. Keep a stop-loss at ₹18,600 and hold the stock. Move the stop-loss up to ₹20,700 when the price goes up to ₹22,800.

Exit 50 per cent of your holdings at ₹23,500. Revise the stop-loss up to ₹21,400 for the rest of the holding. Thereafter for every ₹500 rise in the share price revise your stop-loss also up by ₹500. Exit the stock whenever your stop-loss is hit.

I have Apar Industries shares bought at ₹5,550. What is the outlook for this stock?

Kiran, Ludhiana

Apar Industries (₹8.684): The upmove that had begun in April this year seems to be losing steam. There is a possibility of seeing a correction in the near term. So, you have to be careful. It is also important to protect your profits. Supports are at ₹8,250 and ₹7,950. A break below ₹7,950 can drag the stock down to ₹7,500.

On the other hand, if it manages to sustain above ₹8,250 a rise to ₹10,500-11,000 is possible. Keep a stop-loss at ₹7,850 and hold the stock. Move the stop-loss up to ₹8,950 when the price goes up to ₹9,300. Revise the stop-loss further up to ₹9,500 and ₹10,000 when the price touches ₹10,100 and ₹10,500, Exit the stock at ₹10,800.

 I have shares of Wendt (India). My purchase price is ₹11,650. Should I continue to hold or exit?

Rupali, Guwahati

Wendt (India) (₹9,760): The stock has been in a downtrend since the beginning of this year. Resistance is around ₹13,100. The stock has to rise above this hurdle to become bullish again. Only then a rise to ₹18,000 and ₹20,000 will come into the picture. For now, the trend is still down, and the outlook is negative. The stock can fall to ₹8,100.

A break below it can drag the share price down to ₹7,100-7,000. Even if it holds above ₹8,100, it might take a long time to breach ₹13,100 and see a fresh rally. So, it is better to exit the stock with a loss now. You can consider reinvesting the sale proceeds in some other stock.

I have Laxmi Organic Industries shares bought at ₹178. What is the long-term outlook and price target?

Arjun, Surat

Laxmi Organic Industries (₹185): The stock has been in gradual downtrend. There is room on the downside to see ₹140-135 in the coming months. After this fall, there are good chances to see a rise to ₹270-280 or even ₹300. The region between ₹300 and ₹320 is a crucial resistance which has to be broken to indicate a trend reversal.

Only then a rise to ₹500 will come into the picture. You can accumulate on dips at ₹160. Keep a stop-loss at ₹120. Move the stop-loss up to ₹190 when the price goes up to ₹210. Revise the stop-loss further higher to ₹220 and ₹240 when the price touches ₹235 and ₹250 respectively. Exit the stock at ₹270.

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Published on August 9, 2025

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