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Ask Ajit: Stocks to buy, hold or exit

By AJIT MISHRA
June 02, 2021 08:57 IST

Illustration: Dominic Xavier/Rediff.com
 

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


Ranjeet Khare: I have the below stocks. Please advice which to hold and which to sell:

Ajit Mishra:

  1. Reliance Industries Hold
  2. Ashok Finance - Hold
  3. Cipla- Hold
  4. Vakrangee Limited- Exit
  5. Bajaj Finance- Hold
  6. NIIT Ltd-Hold
  7. Larsen & Toubro-Hold
  8. Harita Seating Systems- Exit
  9. IDFC First Bank- Exit
  10. Gayatri Projects Ltd- Exit

Thanks in advance for your advice

ASHISH GUPTE: Please advise on the following stocks

Ajit Mishra:

1) Tata Power 100 @ 93- Hold
2) Castrol 100 @ 178- Hold
3) Hindalco 100 @ 241- Hold
4) L & T 100 @ 1127- Hold
5) Bharat Forge 50 @ 450- Hold

Partho Banerjee: Can you please advise me about the following stocks that I have in my portfolio? 

Ajit Mishra:

Blue Dart Express Limited- Hold

Castrol India Ltd- Hold

Cipla Ltd- Hold

Escorts- Hold

HDFC- Hold

Larsen Toubro Ltd- Hold

Mahindra Mahindra Financial Services Ltd- Hold

Ujjivan Financial Services Ltd. - Hold

rohit gupta: Can you give me some advice on the following scrips held by me?

Ajit Mishra:

Castrol- Hold

Cipla- Hold

Bajaj Auto- Hold

Bajaj Finserv- Hold

Bajaj Holdings- Hold

Emami Ltd - Hold. 

Emami Realty - Avoid

Rasandik Eng . - Avoid

Pitti Eng . - Avoid

Sanjay Jalota: Dear Sir, I have holding following stocks. Kindly advise which one to hold and which one to exit. Also advice which other shares I can invest in for short term period of six months.

Ajit Mishra:

Company No of Shares Price

Arvind Fashions Ltd 6 157.1- Avoid
Arvind Ltd 30 44.05- Avoid
Bharat Forge 25 551.55- HOld
CESC Ltd 10 621.15- Hold
CESC Ventures Ltd 2 268.00 - Hold
Godrej Consumer Product 4 726.55 - Hold
IRB Infra 1 114.45 - Hold
JP Associates 1500 7.70- Avoid
Lanco Infra 479 0.42- Avoid
Motherson Sumi 75 154.30- Exit
Reliance Capital 66 12.68- Exit
Reliance Infra 23 28.75- Exit
Spencer Retail 6 86.50- Exit
The Anup Engg 1 795.40- Exit
Unitech Ltd 1550 2.07- Exit
Vedanta 25 224.00- Exit

Roy K Jose: I am holding following stocks (As investment for 2 to 3 years) please advise

Ajit Mishra:

1 Bharti Airtel Qty 100 Buying price 505.75 - Hold

2 Deepak Nitrate Qty 5 Price 788- Hold

3 Federal Bank Qty 1310 Price 55.67- Hold

4 Grasim Qty 15 740.93- Hold

5 HAL Qty 9 Price 843.09- Hold

6 HDFC BANK Qty 10 price 1208.8- Hold

7 HINDJUNILIVER Qty 40 Price 2237.7- Hold

8 Infosys Qty 8 Price 123.45- Hold

9 ITC Qty 16 Price 294.36- Hold

10 L&T FINANCE Qty 89 Price 68.42- Hold

11 L&t Qty 45 Price 1143.00- Hold

12 MCX Qty 22 Price 1062.27- Hold

13 Power grid Qty 25 Price 196.4- Hold

14 Raymond Qty 21 Price 273.8- Hold

15 SUDARCHEM Qty 9 Price 520.65- Hold

16 SUMICHEM Qty18 Price 314.75- Hold

17 Tata Motors Qty 7 Price 152.00- Hold

18 TCS Qty 14 Price 1752.00- Hold

Veer: Kindly advise for the following stock holdings:

Ajit Mishra:

Adani Enterprises L@117.15- Hold

Adani Gas@300- Exit

Adani Green Energy@1000- Exit

Bharti Airtel@380.51- Hold

DLF Ltd.@663.5- Exit

HFCL@31.55 - Exit

IFCI Ltd.@68.4- Exit

JSW Steel@549.5- Hold

L&@681.82- Hold

NHPC@41.5- Hold

Power Grid Corpo@235- Hold

Reliance Inds.@939.95- Hold

Reliance Power L@141.01- Exit

Suzlon Energy Ltd.@14.18 Exit

Unitech Ltd.@36.98 Exit

Sharad Agarwal: Please give your Expert Advice on the Following Stock:

Ajit Mishra:

Kellton Tech Solutions Ltd; 5000 shares - Purchased at Rs 21; Please Advise on - Hold / Exit / Continue / Any other: Exit

Dilip TMPL: Need your advice on following stocks; if exit then please indicate exit price

Ajit Mishra:

1. AB Capital 450@158 - Exit

2. Cummins 195@668- Hold

3. Bombay Dyeing 260@218- Exit

4. BSE 204@698 – Exit on rise

5. Indusind Bank 60@1480- Hold

6. IDFC First Bank 2280@53- Exit

7. Jay Bharat Maruti 285@425- Exit

8. Tata Motors 640@282- Hold

unnilnan: Update me for the following shares

Ajit Mishra:

1. Laurus Lab - > 50 shares @ 287- Hold
2. Bank of Baroda -> 50 @ 64.5- Hold
3. Rallis India-- >  50 share @ 280- Hold
4. BEL     - >  50 shares @ 104- Hold
5. J &K bank 0- > 40 shares @ 23- Exit
6. yes bank 100 shares @ 74 - Exit

Kindly suggest any new scrips fo next week and 2021 too.

Sunil Birju: I am going to retire. What is your advice regarding parking of funds. Should I invest in MFs or stocks? 

Ajit Mishra: Use combination of both.

Prashant Chaturvedi: I am holding below stocks. Kindly advice do i need to hold or exit

Ajit Mishra:

A) GVK Power 10,000 @ 14- Exit

B) Suzlon  3000@8- Exit

Senthil Samiappan: I am having 29000 suzlon energy shares at 4.25 .shall I sell or hold.

Ajit Mishra: Exit

kulwant singh: I had invested in some scrips of Indian companies when I was in India. I am now a British Citizen with OCI Card. One of the requirements to claim the unclaimed dividend and shares is to submit an indemnity claim form.

As a British citizen from where can I buy the form and whether it would be acceptable by the IEPF authorities?

I hope you can answer my query.

Ajit Mishra: I suggest you to consult a CA.

Akhil H: I've the following stocks in my portfolio. Please advise 

Ajit Mishra:

SBIN 250@164- Hold

ITC 200 @203- Hold

STERLITE TECH 200@123- 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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