'I intend to invest about Rs 15 lakhs for six months.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Anil Mahajan: I have the following shares; please give your advice whether to sell or hold.
Ajit Mishra:
Company | No of shares | Price | Recommendation |
1. Alembic Pharma | 50 | Rs 500 | Hold |
2. Aurobindo Pharma | 20 | Rs 800 | Hold |
3. Finolex Cables | 30 | Rs 890 | Hold |
4. Karur Vysya Bank | 160 | Rs 65 | Prefer ICICI Bank |
5. Lupin Ltd | 50 | Rs 1,580 | Hold |
6. LIC Housing | 50 | Rs 540 | Hold |
7. Novartis | 10 | Rs 670 | Hold |
8. Sundram Fasteners | 30 | Rs 690 | Hold |
9. Whirlpool | 10 | Rs 2,250 | Hold |
10. Xpro India | 23 | Rs 35 | Exit |
Anand Prakash: I am a retired man. I want to invest in the following stocks -- Lupin, Stride Pharma, Alemic Pharmaceuticals, Tide Water Oil, Sumitomo Chemical, Clariant Specialty Chemicals. Please advise.
Ajit Mishra: Except Tide Water, hold the other stocks. Also, you can look at more bluechip stocks to add to your portfolio.
Gireesh Hiremath: I am from Hubli, Karnataka. I have started investing in equity shares from June 1, 2021.
I have a few queries on some of the shares recently bought by me (CNC Orders: Equity Holdings).
Currently, these shares are under loss.
Is there any worrying sign as I have invested more than Rs 1 lakh in these shares? Or is it just a matter of time and these share prices will rise in the near future?
Ajit Mishra:
Company | Price | No of shares | Recommendation |
1. Mastek Ltd | Rs 2,671.03 | 25 | Hold |
2. Glenmark Pharma | Rs 618.54 | 40 | Hold |
3. Cadila Healthcare Pharma | Rs 594.95 | 30 | Hold |
Anurag Arora: Please give your view on the following for a one year horizon.
Ajit Mishra:
Company | Price | Recommendation |
HCL TECH | Rs 1,126 | Hold |
HDFC BANK | Rs 998 | Hold |
Kiran Patil: I have following shares in my portfolio. Please advise.
Ajit Mishra:
Company | Price | Recommendation |
1. 500 shares of Jindal Steel and Power | Rs 495 | Hold |
2. 160 shares of Greaves Cotton | Rs 180 | Exit |
3. 74 shares of Tata Motors | Rs 301 | Hold |
Salim Rajan: I have the following shares. Please suggest for the long term whether to hold or sell/buy:
Ajit Mishra:
Company | Price | Recommendation |
1. Asian Paints | Rs 2,987 | Hold |
2. HDFC | Rs 1,909 | Hold |
3. HDFC BANK | Rs 1,068 | Hold |
4. HINDUNILVR | Rs 2,390 | Hold |
5. IDFCFIRSTB | Rs 52 | Prefer ICICI Bank |
6. INFY | Rs 383 | Hold |
7. KPRMILL | Rs 893 | Hold |
8. LAURRSLABS | Rs 349 | Hold |
9. MARICO | Rs 421 | Hold |
10. MOTILALOFS | Rs 975 | Hold |
11. ORIENT CEMENT | Rs 154 | Hold |
12. TATAMOTORS | Rs 331 | Hold |
13. TATASTLBSL | Rs 98 | Hold |
14. YESBANK | Rs 19 | Exit |
Ramdas K P: Please let me know whether to hold or exit VGuard. Bought @ Rs 249.
Ajit Mishra: Hold.
Asheesh Sudan: Needed views on a few stocks I hold which are running into losses like IDFC First @ Rs 52, Yes Bank @ Rs 59 (including lock-in part) and Coal India @ Rs 145.
Have seen your advice to exit Yes Bank and Coal India scrips, but is it wise to exit on losses?
Are these total gone cases with no scope of revival in 4-5 years as well?
Other scrips I have are performing well like Axis, Infosys and L&T, which I plan to hold. Any advice on them? Should I book profit?
Ajit Mishra: For Yes Bank and Coal India, it would be prudent to exit.
Hold Axis, Infosys and L&T.
Rajiv Angra: I have the following stocks, please advise.
Ajit Mishra:
Company | Price | No of shares | Recommendation |
VTXL | 500 shares | Rs 1,805 | Hold |
VHL | 100 shares | Rs 3,255 | Hold |
Yes Bank | 2500 shares | Rs 12.50 | Exit |
Raj Kumar Bhatia: I have following holdings and request your advice.
Ajit Mishra:
Company | Price | No of shares | Recommendation |
Bandhan Bank | 500 | Rs 292 | Hold |
IOL Chemical & Pharma | 1,000 | Rs 755 | Hold |
Associate Alcohols | 500 | Rs 446 | Hold |
Radico Khaitan | 100 | Rs 892 | Hold |
Syncom Formulations | 6,000 | Rs 7 | Exit |
Granules India | 500 | Rs 350 | Hold |
Jindal Poly Films | 50 | Rs 1,000 | Hold |
I also intend to invest about Rs 15 lakhs for six months.
Request your suggestion for a 20 per cent return.
Ajit Mishra: Hold these stocks for long-term and also look to add some bluechip names.
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: Ashish Narsale/ Rediff.com
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