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ASK AJIT: Buy, Sell or Hold?

By AJIT MISHRA
October 21, 2021 08:58 IST

Illustration: Dominic Xavier/Rediff.com
 

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


 

Ramasamy Nagarajan: Kindly advise whether to hold or exit.

Company No of shares Price Recommendation
ASHOKLEY 5 Rs 90.04 Hold
BIRLATYRE 200 -- Exit
GAIL 50 Rs 163.8 Hold
HITECHWIND 2,000 Rs 7.22 Exit
IDFCFIRSTBANK 200 Rs 38.06 Exit
MOIL 100 Rs 259.8 Hold
NATIONALUM 500 Rs 43.96 Hold
NHPC 100 Rs 20.17 Exit
PNB 500 Rs 44.06 Exit
RELIANCE 50 Rs 512 Hold
SAIL 100 Rs 93.68 Hold
SBIN 5 Rs 350.3 Hold
SUZLON 400 Rs 24.46 Exit

 

Rohith Adiga: I am a starter in the stock market and have been trading since the last 10 months.

I have listed the stocks I have purchased. Advise me as to whether I should buy additional stock, hold or sell.

I am also looking for a short term plan of 6-10 months. Please suggest from either my existing stocks or new stocks for short term gain. I am planning to invest Rs 1-2 lakhs.

Also, I would like to know when to purchase the additional stock -- when it's growing or when there is a dip.

For example, I purchased 50 shares of Tata Motors @ Rs 124, then added another 25 when it went to @ Rs 185 and again purchased 10 @ Rs 290. Now my average pricing is @ Rs 244.

Ajit Mishra:

Company No of shares Price Recommendation
HAL 5 Rs 1,100.96 Hold
BIOCON 1 Rs 459 Hold
ZEEL 5 Rs 224.4 Exit
ITC 5 Rs 210.45 Hold
HDFCBANK 1 Rs 1,377.60 Hold
L&TFH 15 Rs 84.62 Hold
ASIANPAINT 3 Rs 2,039.53 Hold
HCLTECH 6 Rs 758.96 Hold
AXISBANK 6 Rs 547.89 Hold
RELIANCE 5 Rs 1,720.75 Hold
TATAMOTORS 25 Rs 244.71 Hold
KOTAKBANK 5 Rs 1,369.65 Hold
INFY 10 Rs 972.27 Hold
TCS 5 Rs 2,318.60 Hold
BAJFINANCE 2 Rs 3,636.00 Hold

You can also invest in ICICI Bank, SBI, Britannia, M&M, Kansai Nerolac, Nam-India, Maruti and Coromandel International for the long term, on dips.

 

Dr Basavaraja G V: Dear Ajith Mishraji, please advise on the following stocks that I am holding:

Ajit Mishra:

Company Recommendation
Reliance Power Exit
Reliance Infrastructure Exit
GTL Infrastructure Exit
GVK Power Exit
Indian Bank Exit

My second question is: Some of stocks that are not trading, listed below, should I hold or exit?

Company Recommendation
LITL Exit
KLG Systel Exit
Dr Datson Exit
Castex Exit
Gitanjali Gems Exit

 

Kiran Patil: I am holding 554 shares of Jindal Steel & Power @ Rs 490. Can I hold it or exit?

Ajit Mishra: Hold

 

Ajeet Kumar: Please advise about 58 GMM Pfaudler stocks @ Rs 3,175.

Ajit Mishra: Continue to hold the stock.

 

Pramod Kishanrao Hejib: I am holding following shares. Please advise about which ones to hold and which to exit.

Ajit Mishra:

Company No of shares Price Recommendation
BIBCL 1,100 Rs 94.50 Exit
HUDCO 1,500 Rs 85 Exit
IRFC 550 Rs 25.50 Exit
JK Tyres 290 Rs 146.50 Hold
L&TFH 540 Rs 47.73 Hold
NBCC 600 Rs 81.00 Exit
NHPC 300 Rs 30.50 Exit
ONGC 267 Rs 187 Hold
SNOWMAN   Rs 87.50 Exit
Aditya Birla Capital Ltd 150 Rs 201 Exit
Advanced Enzyme Tech Ltd 200 Rs 265 Hold
Bank of Baroda 500 Rs 158 Exit
Cadila Healthcare 100 Rs 407 Hold
Havells 200 Rs 28 Hold
IDFC FIRST Bank 1,000 Rs 69.50 Exit
ITC 850 Rs 218 Hold
MMTC 300 Rs 41 Exit
SBI 300 Rs 300 Hold
Petronet LNG 400 Rs 25 Hold
VRL Logistics Ltd 200 Rs 352 Hold

 

JJ Nijhawan: Please advise.

Ajit Mishra:

Company No of shares Price Recommendation
ADAENT 25 Rs 1,354 Partial Exit
ADAPOR 200 Rs 662 Partial Exit
AFFIND 10 Rs 5,112 Hold
SITICAB 1 25,000 Rs 1.55 Exit
YES BANK 2200 Rs 13.92 Exit
IDECEL 5000 Rs  9.52 Exit

 

Sidharath Sankar Buruda: I need feedback on my stock holdings.

Ajit Mishra:

Company No of shares Price Recommendation
Adani Power 190 Rs 63.84 Exit
Ambuja Cements 20 Rs 232.23 Hold
Apollo Tyres 249 Rs 198.24 Hold
BOB 18 Rs 133 Exit
Deepak Fertilisers 510 Rs 193.23 Hold
GOCL Corporation 82 Rs 183.97 Hold
Tamil Nadu Petroproducts 461 Rs 108.97 Exit
Triveni Engineering & Industries Ltd 294 Rs 171.14 Hold
ICICI Prud Nifty ETF 60 Rs 121.19 Hold

 

Rohit Joseph: Hello Sir, I have the following shares. Kindly advise if I should look to buy more of the same or add newer ones to my folio.

Ajit Mishra:

Company No of shares Price Recommendation
Ashoka Buildcon 100 Rs 94 Hold
NTPC 50 Rs 98 Hold
SBI 18 Rs 290 Hold
Magma 6 Rs 128 Exit
GAIL 10 Rs 148 Hold
Airtel 5 Rs 539 Hold

 

Nirav Asher: I want to buy the following stocks for long term -- 3-5 years. Shall I invest in these stocks?

Ajit Mishra:

Company Recommendation
TCS Buy on dips
HDFC Bank Buy on dips
Dabur Buy on dips

 

Challa Venugopala Reddy: I have purchased 2,700 shares of Kiri Industries at Rs 560 and 6,500 shares of Olectra Green Tech at Rs 200. Kindly advise if I should hold or exit.

Ajit Mishra: Hold both the stocks.

 


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.

Feature Presentation: Mahipal Soni/Rediff.com

AJIT MISHRA

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