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ASK AJIT: New Stocks To Buy?

By AJIT MISHRA
October 26, 2021 08:54 IST

'Kindly advise about the following stocks. Can I hold or exit?'

Illustration: Dominic Xavier/Rediff.com
 

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


 

Baby Nanambath: Kindly advise about the following stocks. Can I hold or exit?

Ajit Mishra:

Company No of shares Price Recommendation
Amararaja Batt. 75 Rs 695 Hold
Bharati Infratel 25 Rs 110 Exit
Delta Corp 200 Rs 259 Hold
EID Parry 75 Rs 209 Hold
Elecon Engg. 300 Rs 90 Exit
Indo Count Inds. 225 Rs 105 Hold
Infibeam 2500 Rs 58 Exit
PC Jeweller 450 Rs 220 Exit
Tin Plate 250 Rs 160 Hold
Vakarange 750 Rs 37 Exit

 

Debashis Biswas: Have 200 Jet Airways shares @ Rs 72.00. Should I hold it or sell?

Ajit Mishra: EXIT.

 

Vinod Vashisht: I am 37. Earlier, I used to invest randomly, without any specific plan in mind. But recently I have selected a few stocks to invest twice a month Rs 2 lakhs like SIPs. Can you suggest to me the right allocation and which stock to add or ignore in this list? Ie holdings as mentioned against each stock. And which should I accumulate or add and which to sell?

Please suggest.

Ajit Mishra:

Company No of shares Price Recommendation
CAMS. 200 Rs 2,900 Add on dips
MARKSANS PHARMA not holding Avoid
CDSL 250 Rs 990 Add
HAPPIEST MIND 420 Rs 887 Add
RELIANCE 100 Rs 2,097 Add
ASIAN PAINTS 100 Rs 3,140 Add
QUICKHEAL 600 Rs 280 Avoid
SUMITOMO not holding Add
LT INFO 67 Rs 4,512 Add
PRAJ 300 Rs 372 Add
RENUKA SUGAR 1500 Rs 35 Avoid
MOREPEN LABS 500 Rs 67 Avoid
LAURUS LABS 350 Rs 620 Add
PI INDS. not holding Add
PIDILITE not holding Add
DIXON TECH not holding Add
RUBFILA not holding Avoid
CHEVIOT not holding Avoid
TATA POWER 4000 Rs 118 Add
BURGER KING not holding Add
INDIABULLS HSG 500 Rs 276 Avoid
SAIL 3000 Rs 98 Avoid

 

Puthillath Mangaladas: Kindly guide me on following stocks that I have in my portfolio.

Thanking you for your efforts. Much appreciated.

Ajit Mishra:

Company No of shares Price Recommendation
Adani Power 100 Rs 158 Exit
AsianTiles 100 Rs 193 Exit
Bandhan Bank 200 Rs 433 Hold
BDL 100 Rs 440 Hold
HappyMnds 100 Rs 1,579 Hold
IndTonner 100 Rs 205 Exit
Jindal Steel 50 Rs 488 Hold
LIIC Hsg Fin 100 Rs 512 Hold
Nazara 100 Rs 1,990 Hold
Petronet 100 Rs 272 Hold
Salzer Elect 100 Rs 184 Hold
TD Powers 100 Rs 233 Hold

 

Fayaz Ahmed: I hold the following stocks. Please let me know which stocks to hold or sell.

Ajit Mishra:

Company No of shares Price Recommendation
NMDC 15 Rs 179 Exit
WIPRO 5 Rs 577 Hold
HAPPIEST MINDS 10 Rs 1,414 Hold
COMPTRON GREAVES 10 Rs 466 Hold
HDFC BANK 5 Rs 1,529 Hold
JUBILANT FOODS 5 Rs 3,618 Hold
IEX 5 Rs 446 Hold
MANGALAM CEMENTS 5 Rs 455 Hold
HCL TECH 5 Rs 1,038 Hold
TATA STEEL 5 Rs 1,263 Hold
GODREJ PROPERTY 3 Rs 1,549 Hold
TATA STEEL 5 Rs 1263 Hold

 

Sachin Gopimohan: I hold the following shares listed in the chart. Also please suggest which stocks are good for the short-term and the long term.

Ajit Mishra:

Angel Broking = 10 shares. It's looking fine on the chart. Upside resistance is at 1700 and support is at 1450.

JSW Steel = 3 shares. After consolidating in a narrow range around its support zone, it is now all set for a fresh surge. Support is at 680 and resistance is at 720.

Zomato = 5 shares- Recently listed stock. So we don't have sufficient data.

Keep holding the above stocks for the long-term. Apart from these you can buy stocks like Britannia, Orient Electric, Metropolis, Phillips Carbon, Ramco Cements for the long-term.

For the short-term, you can have positions in Hero Motocorp, Adani Ports, Sun Pharma, SAIL. 

Raj Madaan: I am new to the stock market. I have maximum amount of 40 to 50 k at my disposal for a maximum of two years. Kindly suggest the right stocks to invest in.

Please suggest almost zero-risk stocks -- low profits, no issues.

Ajit Mishra: You can invest in stocks like Britannia, Orient Electric, Metropolis, Phillips Carbon, Ramco Cements for the long term. 

Mandar: Please advise on following stocks. Is it the right time to buy? And when to buy?

Ajit Mishra: As markets are trading near record high, it is prudent to buy the stocks on dips and in a staggered manner.

Company Recommendation
Larson And Toubro Hold
Alkyl Amines Hold
Balkrishna Industries Hold
Bank Of Maharashtra Exit
Praj Industries Hold
Jamna Auto Exit
Motherson Sumi Exit
Best of Suger Industries NA
Tata Steel Hold
SAIL Exit
KPR Mills Hold
HCL Technology Hold

 

Tapan Achar: Please give me advice on the below stocks.  Can I hold or should I sell the stocks?

Ajit Mishra:

Company No of shares Price Recommendation
TATA MOTORS LIMITED 90 Rs 312.75 Hold
BANDHAN BANK LIMITED 200 Rs 317.65 Hold
HDFC ASSET MANAGEMENT CO LTD 10 Rs 2881.06 Hold
INDIAN ENERGY EXCHANGE LIMITED 100 Rs 400.58 Hold
INDIABULLS HOUSING FINANCE LTD 200 Rs 270.19 Exit
LIC HOUSING FINANCE LIMITED 50 Rs 362.77 Hold
PUNJAB NATIONAL BANK 2000 Rs 41.33 Exit
STATE BANK OF INDIA 228 Rs 186.18 Hold
YES BANK LIMITED 6000 Rs 12.47 Exit
ASIAN GRANITO INDIA LIMITED 400 Rs 180.41 Hold
IVRCL LIMITED 135 Rs 56.07 Exit
VIP INDUSTRIES LTD 150 Rs 374.95 Hold
COFFEE DAY ENTERPRISES LTD 600 Rs 42.54 Exit
ITC LIMITED 1000 Rs 180.5 Hold
VAIBHAV GLOBAL LIMITED 50 Rs 783.14 Hold
DELTA CORP LIMITED 600 Rs 179.61 Hold
INFOSYS LTD 20 Rs 496.15 Hold
TAKE SOLUTIONS LTD 500 Rs 63.09 Exit
COAL INDIA LIMITED 800 Rs 123.99 Exit
JSW ISPAT SPECIAL PRODUCTS LTD 500 Rs 40.53 Exit
INNOVATIVE IDEALS SERV IND LTD 4000 Rs 12.68 Exit
BIOCON LIMITED 760 Rs 100.6 Hold
LAURUS LABS LIMITED 50 Rs 659.7 Hold
RATTANINDIA POWER LIMITED 30 Rs 2.06 Exit
OIL AND NATURAL GAS CORPORATIO 300 Rs 120.68 Exit
FUTURE LIFESTYLE FASHIONS LTD 1150 Rs 141.18 Exit
ASIANTILES 45 Rs 189.15 Exit
ATULAUTO 260 Rs 189.13 Exit
BAJAJCON 100 Rs 296 Hold
BECTORFOOD 200 Rs 421.3 Hold
CEATLTD 20 Rs 1352 Hold
COFFEEDAY 190 Rs 47.1 Exit
HATHWAY 3000 Rs 27.35 Exit
INDUSTOWER 200 Rs 253.52 Hold
JINDALSTEL 200 Rs 379.1 Hold
JPPOWER 3000 Rs 5.69 Exit
M&MFIN 500 Rs 158.47 Hold
PILANIINVS 50 Rs 1684.6 Hold
PILITA 4000 Rs 10.16 Exit
SBICARD 50 Rs 946.45 Hold
UJJIVANSFB 2500 Rs 29.95 Exit
UNIONBANK 2000 Rs 35.45 Exit

 

Harish J: Kindly advise if it is hold or sell for the stocks below in my portfolio. Looking forward to your valuable advice.

Ajit Mishra:

Company No of shares Price Recommendation
SBI 29 Rs 325.41 Hold
Sun Pharma 5 Rs 645 Hold
Tata Motors 150 Rs 286.58 Hold
Federalbank 100 Rs 72.05 Hold
IDFC 600 Rs 64.15 Exit
IDFC First Bank 600 Rs 51.14 Exit
Bank of India 512 Rs 128.2 Exit
Idea cellular 2138 Rs 22.09 Hold
South Indian Bank 2200 Rs 10.89 Exit
ILFS Trans 200 Rs 73.6 Exit
Sintex 200 Rs 96.43 Exit
SPTL 200 Rs 5.5 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.

Feature Presentation: Ashish Narsale/ Rediff.com

AJIT MISHRA

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