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Ajit, tell me how can I get RICH?

By AJIT MISHRA
March 26, 2021 09:24 IST

Illustration: Dominic Xavier/Rediff.com

Ajit Mishra, vice president, Research, Religare Broking, answers your queries:


ronnie sarmah: Dear Sir, Can you please suggest which to hold and which to exit? I want to make a strong portfolio and earn as much profit so that I can be rich in the long term. I have the following stocks on hold right now:

Ajit Mishra:

1) ITC- 50 shares bought at Rs.199.61- Hold

2) McLeod Russel- 53624 shares bought at Rs. 9.94 - Exit

3) SBI- 50 shares bought at Rs. 204.30 - Hold

4) Yes Bank- 1000 shares bought at Rs 18.77 – Hold only if under lock in

5) Zee Entertainment- 100 shares bought at Rs 162.07 - Exit

6) Ashok Leyland- 100 shares bought at Rs. 79.22 - Hold

7) Vodafone-Idea- 1000 shares bought at Rs. 12.46 - Exit

8) Indian Oil- 120 shares bought at Rs. 90.05 - Hold

Dharminder Berry: I am holding below mention shares and seeking your advice whether to hold or exit?

Ajit Mishra:

Apollo Hospital 15 nos. @ rs 2042/- Hold

Divis Lab  15 Shares @ Rs 3135/- - Hold

Wipro 30 Shares @ 372/- - Hold

Dr Reddy 5 shares @ 5230/- - Hold

Infosys 10 Shares @ 1131/- - Hold

arup sahoo: Request your valuable suggestions on below stocks currently I am having.

Ajit Mishra:

1. AADVEN 1000 NOS @ 0.63- Exit

2. ADIBIR 5 Nos @ 1189.49 - Hold

3. APOHOS 6 Nos @ 1000.49 - Hold

4. ASTMIC 55 Nos @ 105.75 - Exit

5. AURPHA 10 Nos @ 687.45 - Hold

6. BANIND 50 Nos @ 75.52 - Exit

7. BEML 20 Nos @ 827.91 – Can look to book

8. BHEL 100 NOS @ 73.45 - Exit

9. CDSL 20 Nos @ 354.00 - Hold

10. COALIN 60 Nos @ 299.34 - Exit

11. FEDBAN 100Nos @ 52.22 - Hold

12. GITGEM 49 Nos @ 75.82 - Exit

13. GMRINF 300 NOS @ 28.50 - Exit

14. IBSECU 1 No @ 24.52 – Exit

15. ICIBAN 25 NOS @ 236.26 - Hold

16. IFBAGR 15Nos @ 378.66 - Exit

17. LARTOU 7 Nos @ 963.23 - Hold

18. LTFINA 110 NOS @ 54.29 - Hold

19. MCLRUS 75 NOS @ 157.17 - Exit

20. MERLIN 300 NOS @ 37.95 – Name not clear

21. MOILIM 100Nos @ 126.78- Hold

22. NATALU 200 Nos @ 34.11- Hold

23. NATMIN 60 Nos @ 91.87 – Exit

24. NBCC 100Nos @ 63.68 - Exit

25. OILIND 50 NOS @ 143.56 - Hold

26. ONGC 55 NOS@ 120.92 - Exit

27. PUNBAN 150 nos @ 86.22 - Exit

28. RALIND 30Nos @ 193.35 - Hold

29. SAIL 100 Nos @ 39.78 - Exit

30. SCI 110 Nos @ 62.86 - Exit

31. SEQSCI 150 Nos @ 115.21 - Hold

32. SOUBAN 300 Nos @ 19.69 - Exit

33. STABAN 62 Nos @ 195.66 - Hold

34. STRSHA 8 Nos @ 780.69 - Hold

35. SUNPHA 20Nos @ 682.40 - Hold

36. TATPOW 110 Nos @ 61.13 - Hold

37. TECMAH 23 NOS @ 480.74 - Hold

38. TOUFIN 100 Nos @ 48.36 - Exit

39. VATWAB 12 Nos @ 488.37 -     Exit

40. WELIND 100 NOS @ 69.45 - Hold

Vivek Jain: Age: 43; From: Kota Rajasthan; Type: Short term investor. Please advice: I am having the following stocks since August 2020:

Ajit Mishra:

HDFC LIFE: 1250 SHARES @ 611 – Hold

BAJAJ ELECTRICAL: 800 Shares @ 531 - Hold

LAOPALA: 500 Shares @ 225 - Hold

Srini B: I am holding following shares:

Ajit Mishra:

Airtel 100 shares @ Rs. 560 per share - Hold

Future retail 100 shares @ Rs. 160 per share - Exit 

Also suggest on RIL shares. - Hold

rohini sur: I am holding 175 shares of Deepak Nitrite @rs. 856 & 25 of Alkyl Amine @Rs.3330. What should I do as I can wait upto 3 months? Please advise.

Ajit Mishra: DEEPAKNTR is looking strong on short-term charts. Currently, though it's consolidating in a range but overall it has the potential to make a new record high soon. We would suggest you to book part profit at the current levels and trail SL at 1500 for the remaining positions.

ALKYLAMINE: Overall strong on the chart but considering the volatility in the market, we suggest to book part at the current levels (@ 5225) and hold remaining position with closing SL at 4930.

Vivek: Need your suggestion for my below holdings in my portfolio for past 1-3 years:

Ajit Mishra:

1. United spirits -100 Nos. @655 - Hold

2.ujjivan bank -1200 @ 55 - Hold

3. Balmer lawrie-550@122 - Hold

NIREN SHAH: I am short term investor and holding following stocks in my portfolio. I also want invest Rs.5000 to 8000 on monthly basis. Please guide me for the same for any change considering long term investment view. 

Ajit Mishra:

1. Sanghi industry ltd 1000@27. - Exit

2. Aditya Birla n fashion 200@166 - Hold

3. Sail 750@37 – Prefer Tata Steel

4. Yes Bank 200@14 – Exit if not under lock in

Tilak Chakabarty: Kindly advise whether hold or sell the following:

Ajit Mishra:

1. GRAPHITE INDIA 175 nos @ 799 - Exit

2. Sumitomo Chemicals 300 nos @ 285 - Hold

3. Astra Microwave 1000 nos @ 113 - Exit

4. Shipping Corporation 100 nos @ 75 - Exit

5. CG POWER 3400 nos @ 23.75- Exit

Gladys Aranha: I am a newbie to the stock market. Currently I have the following shares:

Ajit Mishra:

ITC 150@ rs. 173 - Hold

GAIL 50 @rs.88- Hold

TajGVK 50 @ rs. 128 - Exit

Tatamotors 60 @ rs. 157 - Hold

Also let me know some of the best shares to invest in right now.

Ajit Mishra: You may consider investment in IRCTC, VIP Industries, Indigo and Bharti Airtel. 

Hardik Luthia: Please kindly help in deciding whether to hold, add or to sell for the following stock in my portfolio:

Ajit Mishra:

ASHOK LEYLAND 50 @ 77 - Hold

RELIANCE 10 @1200- Hold

HDFC LIFE 30 @ 575- Hold

SBI CARDS 25 @ 780- Hold

UPL 20 @ 480 - Exit

ICICI BANK 15 @ 350- Hold

AXIS BANK 20 @ 420- Hold

L&T 10 @ 900- Hold

L & T FINANCE 25 @ 130- Hold

SBI BANK 50 @ 200- Hold

Pratip Polley: I am a long-term investor with 4-5 years' time limit, please suggest what to do for the following stocks:

Ajit Mishra:

Yes Bank: 1150 @ Rs.35.00 (locked in) - Hold

Tata Motors: 550 @ Rs.210.00 - Hold

Tata Consumer Products: 200 @ Rs.250.00 - Hold

Tata Investment Corporation: 25 @ Rs.938.00- Hold

HPCL: 200 @ Rs.225.00- Hold

CDSL: 100 @ Rs.318.00- Hold

Royal Orchid: 100 @ Rs.174.00- Exit

Jindal Polyfilm: 50 @ Rs.430.00- Exit

Repco Home Finance: 150 @ Rs.755.00

Dr Sudhanshu Deshmukh: Please give your suggestion on following stocks. The list is too big but please do favour me. 

Ajit Mishra:

1. Apollo Tyer 300@ 115 - Hold

2. Ashok Leyland 400 @72- Hold

3. Asian Paints 40@ 1719- Hold

4. Axis Bank 90@ 580- Hold

5. Cipla 55 @608- Hold

6. CPSETF 5300@23.5- Hold

7. HDFC Bank 50@ 1141- Hold

8. HUL 37@2021- Hold

9.ICICI Lombard 244 @661- Hold

10. ITC 165@210- Hold

11. ONGC 300 @91- Exit

12. RIL 80@1432- Hold

13. SBI CARD 30@ 737- Hold

12. SBI Life 247 @ 700- Hold

13. SBI 40 @265- Hold

14. Sterling Wilson 40@ 780- Exit

15. Titan 45 @1105- Hold

16. Bajaj Finance 30 @ 3362- Hold

17. CAMS 12- Hold

18. Confidence Petroleum 300 @27- Exit

19. L&T 20 @1055- Hold

20. Maruti 25 @6152- Hold

21. Polycab 50 @691- Hold

22. United Spirits 40 @ 581- Hold

23. UTIAMC- Hold

24. BHARAT22 ETF 1300 @36- Hold

25. Mahindra Finance 375- Hold

26. Pidilite 50@1418- Hold

27. Tata Global 170@384- Hold

28. TCS 50@2100- Hold

29. Ultratech 23 @3942- Hold

Mohit Mishra: Kindly advise whether to hold or sell following. Your valued advice Please

Ajit Mishra:

FCONSUMER - Exit

HAL- Hold

NETWORK18 - Exit

RELINFRA - Exit

YESBANK - Exit if not under lock in

DLINKINDIA- Exit

HATHWAY-T- Exit

BDL- Hold

RVNL- Exit

DEN- Exit

IDFC- Exit

IRCTC- Hold

Shravan Hegde: I would like to know your opinions on the following share whether to hold or exit:

Ajit Mishra:

BHARATI AIRTEL - 40 shares @554- Hold

Tata Power - 200 shares @ 62- Hold

SAIL - 350 shares @41- Exit

La Opala - 60 shares @235- Hold

Would like to know some comments especially with regards to Airtel as it is currently at 25% downside price against which I had bought.

Ajit Mishra: The company has been posting good numbers. We would recommend to hold the stock.

vijay kumar verma: I have following stocks. Please give your views what to do

Ajit Mishra:

1.Aarti drugs-1000 share@346- Hold

2.laurus lab-1250 share@178- Hold

3.jubilant life-300 share@336- Hold

4.Tasty bite-32 share@8000 -Hold

5.Shipping corp of india-2000 share @59- Exit

6.Ambar enterprise-55 share@1813- Hold

7.Trent-70 share@548- Hold

Phani Kumar Vutukuru: Sir I am holding stocks in GAIL, SAIL, INFIBEAM, ITC and HINDUSTAN ZINC. PLEASE ADVISE SHALL I HOLD THEM FOR LONG TERM OR SHORT TERM. IF SHORT TERM HOW LONG. THANK YOU IN ADVANCE.

Ajit Mishra: Hold GAIL, ITC and Hindustan Zinc for long term.

dhruv kundra: I have 1100 shares of Marksans Pharma at 51.53. Should I hold for long term?

Ajit Mishra: Exit


Please mail your questions to getahead@rediff.co.in with the subject line 'Ask Ajit', along with your name, and Mr Ajit Mishra will offer his unbiased views.

Disclaimer: This article is meant for information purposes only. This article and information do not constitute a distribution, an endorsement, an investment advice, an offer to buy or sell or the solicitation of an offer to buy or sell any securities/schemes or any other financial products/investment products mentioned in this QnA or an attempt to influence the opinion or behaviour of the investors/recipients.

Any use of the information/any investment and investment related decisions of the investors/recipients are at their sole discretion and risk. Any advice herein is made on a general basis and does not take into account the specific investment objectives of the specific person or group of persons. Opinions expressed herein are subject to change without notice.

AJIT MISHRA

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