'I want to invest about Rs 1-2 lakhs in shares for short term gain.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Amlan Mukherjee: Please let me know what to do. At the moment, I am holding these shares:
Ajit Mishra:
Company | Price | Qty | Recommendation |
NALCO | Rs 58 | 2,500 | Hold |
Vedanta | Rs 208 | 114 | Exit |
Syed Babu: Hi. Please advise on the below stocks for the medium term.
Ajit Mishra:
Company | Recommendation |
1. Bharat Forge | Hold |
2. Exide | Hold |
3. NBCC | Exit |
4. Bharat Electronics | Hold |
Mohan Subramanian: I want to invest about Rs 1-2 lakhs in shares for short term gain, maybe three months.
Can you suggest a few?
Ajit Mishra: You can look at Granules India Ltd, TCS, NCC, Federal Bank and Petronet for a short term 3-4 month horizon.
Amit Babbar: I have the following shares. Please suggest which to hold and which to exit.
If I am exiting, then where should I invest the same amount?
Ajit Mishra:
Company | Qty | Purchase Price | Investment Amount | Current Price | Current Value | Recommendation |
CAMS | 12 | Rs 1,230 | Rs 14,760 | Rs 3,960.45 | Rs 47,525.40 | Hold |
DRREDDY | 5 | Rs 5,280.73 | Rs 26,403.65 | Rs 4,763.45 | Rs 23,817.25 | Hold |
GLAND | 11 | Rs 2,403.91 | Rs 26,443.01 | Rs 3,900.70 | Rs 42,907.70 | Hold |
IRFC | 575 | Rs 26 | Rs 14,950 | Rs 23.05 | Rs 13,253.75 | Exit |
MAZDOCK | 103 | Rs 145 | Rs 14,935 | Rs 235.50 |
Rs 24,256.50 |
Hold |
ONGC | 200 | Rs 115.63 | Rs 23,126 | Rs 119.70 | Rs 23,940 | Exit |
RCOM | 1,000 | Rs 36.25 | Rs 36,250 | Rs 2.80 | Rs 2,800 | Exit |
ASHOK LEYLAND | 50 | Rs 83.94 | Rs 4,197 | Rs 122.50 | Rs 6,125 | Hold |
ITC | 40 | Rs 196.20 | Rs 7,848 | Rs 209.50 | Rs 8,380 | Hold |
L&TFH | 80 | Rs 93.94 | Rs 7,515 | Rs 83.90 | Rs 6,712 | Hold |
SBI CARD | 19 | Rs 755 | Rs 14,345 | Rs 1,126 | Rs 21,396 | Hold |
YES BANK | 40 | Rs 139.21 | Rs 5,568 | Rs 11 | Rs 444 | Exit |
ZEEL | 25 | Rs 374 | Rs 9,354 | Rs 173.85 | Rs 4,346 | Hold |
You can invest in stocks like Orient Electricals, Phillips Carbon, V-Guard, Kansai Nerolac and JK Lakshmi Cement.
Paresh Mathur: Please advise. I have following shares.
Ajit Mishra:
Company | Qty | Price | Recommendation |
Greaves Cotton | 1,250 shares | Rs 177 | Exit |
Seamec | 800 shares | Rs 627 | Exit on rise |
Pankaj Kr Singh: Please advise on the following shares, both at loss.
Ajit Mishra:
Company | Status | Per cent | Recommendation |
CDSL | Loss | 18 | Hold |
Vaibhav Global | Loss | 8 | Exit on rise |
Sanjay Misal: I am holding 104 Lupin shares @ Rs 1,238 avg price.
Please share your opinion about long term.
Ajit Mishra: Hold.
Swain Ram: I brought Adani Power shares @ Rs 126. Should I hold or exit? Please let me know.
Ajit Mishra: Exit the stock.
Irfan Danawala: Kindly advise. I have the following stocks.
Ajit Mishra:
Company | No of shares | Price | Recommendation |
Bandhan Bank | 1,500 | Rs 395 | Exit on rise |
RBL | 3,500 | Rs 220 | Exit on rise |
PFC | 1,500 | Rs 130 | Hold |
ITC | 2,000 | Rs 220 | Hold |
P&B Bank | 4,000 | Rs 35 | Exit on rise |
Sumitomo Chemical | 2,500 | Rs 320 | Exit on rise |
Vaibhav Ghadge: I have to invest approximately Rs 50,000-60,000 per month for long term savings.
Can you suggest an investment?
I can start SIP for some amount. However, I would like to invest a partial amount in stocks also.
I currently have the below stocks.
Can you please suggest if I should exit or hold or add?
Ajit Mishra:
Company | Price | Recommendation |
Ashok Leyland | Rs 49.31 | Add |
AU Bank | Rs 1187.5 | Exit on rise |
Axis Bank | Rs 415 | Add on dips |
Bajaj Finance | Rs 3,150 | Add on dips |
Bandhan Bank | Rs 286.5 | Hold |
CRISIL | Rs 2,575 | Hold |
Eicher Motors | Rs 2,185 | Hold |
HAL | Rs 909.86 | Hold |
ICICI Bank | Rs 347 | Add on dips |
Idea | Rs 6.94 | Exit |
IDFC | Rs 45 | Exit |
IEX | Rs 179.8 | Hold |
Indusind Bank | Rs 490 | Exit on rise |
IRFC | Rs 22.85 | Exit |
ITC | Rs 180 | Add on dips |
ITI | Rs 125.68 | Exit |
M&M Fin | Rs 130 | Hold |
NCC | Rs 70 | Hold |
Nuvoco | Rs 570 | Prefer JK Lakshmi or Ramco Cements |
SBIN | Rs 182.3 | Hold |
Spicejet | Rs 48.5 | Exit |
Shriram Transport Finance Ltd | Rs 669.5 | Hold |
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.
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