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ASK AJIT: 'Which shares to buy short term and long term?'

By AJIT MISHRA
January 17, 2022 08:56 IST

Illustration: Uttam Ghosh/Rediff.com
 

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


Bhupendra Shah: I'm holding following shares and need your advise whether to hold or quit.

Ajit Mishra:

Stock Name View
Apcotex industries Exit
Axis bank Hold
Idfc first bank Exit
Tide water Hold
Hdfc bank Hold
Bpcl Exit
Maskarns pharma Exit
Finolex industries Hold
Edelwise fin services Exit
Granules india Hold
Bank of baroda Exit
Tata motors Hold
Tata power Hold
L AndT fin.services Hold
Indus tower Hold
Debur india Hold
Muthoot fin Hold
Hcl techno Hold
Infosys Hold
Tata investment corpn Hold
Power fin Exit
Castro india Exit
Sjvn ltd Exit
Redington india Hold
Cadilla health Hold
Diamines and chemicals Exit
Chembond chemicals Exit
Zee entertainment Hold
L and T Hold
Vedanta ltd Hold
Sagardeep alloys Exit
Sterlite power Exit
Gufic bioscience Exit
Orient papers Exit
Birlasoft ltd. Hold

 

Vandana Ghule: Can you tell me which shares to buy short term as well as long term?

I am new to this. And what is your thought about cryptocurrencies?

Ajit Mishra: For short-term, one can look for Tata Power, Axis Bank, Ashokley and Bhartiartl.

For long term, you can invest in stocks such as Kajaria Ceramics, Berger paints, Metropolis, M&M, Ashok Leyland, Britannia, V-guard, Polycab, Biocon and Birlasoft.

We do not track crypto-currencies so can't comment.

 

Anil Kumar: Please advise on my portfolio.

Ajit Mishra:

Stock Name Sector Name Quantity Average Cost Price Value At Cost CMP View
ALOK INDUSTRIES LIMITED TEXTILES 500 30.11 15056 23 Exit
BURGER KING INDIA LIMITED QUICK SERVICE RESTAURANT 50 214.51 10725.45 159.95 Hold
DELTA CORP LIMITED ENTERTAINMENT 260 155.44 40415.44 234.9 Hold
IDFC FIRST BANK LIMITED BANKS 450 33.63 15132.85 48.15 Hold
KINGFISHER AIRLINES LIMITED AIR TRANSPORT SERVICE 500 14.6 7299 1.36 Exit
LEMON TREE HOTELS LTD HOTELS & RESTAURANTS 200 44.31 8862.4 42.35 Hold
MOREPAN LABORATORIES LTD. PHARMACEUTICALS 200 60.93 12185.8 57.9 Hold
RASHTRIYA CHEM FERT LTD. FERTILIZERS 150 78.55 11782.95 74.25 Exit
TATA POWER CO LTD POWER GENERATION & DISTRIBUTION 100 108.77 10876.6 142.5 Hold
TRIDENT LIMITED TEXTILES 200 6.86 1371 24.55 Hold
VODAFONE IDEA LIMITED TELECOMM-SERVICE 500 9.12 4560 10.5 Hold
YES BANK LIMITED BANKS 850 17.66 15007 13.05 Hold

 

Anil Bhalla: Kindly advise on the following stocks:

Ajit Mishra:

Stock Name View
APL Apollo  Hold
RVNL Exit
Adani Power Exit
Indraprastha Gas Hold
ESCORTS  Hold
Johnson Controls Hold
TATA Steel BSL Hold
CESC Exit
Tata Consr. Hold
IRB Infra Exit
Aditya Birla Money Hold
Mazagon Dock Hold

 

Rocky Sharma: Please advice about below shares, should I hold or exit.

Ajit Mishra: Hold all the stocks for long term.

 

Gopalkrishna Pillai: I have the following stocks in my portfolio of 50+ companies and am confused whether I should hold these for the long term or look at alternative options.

Would appreciate your reply at your earliest convenience.

Ajit Mishra:

Company Quantity View
Arti Drugs 500 Hold
Vodafone 3000 Hold
Chemcon Speciality Chemicals 100 Hold
Coal India 500 Exit
Heidelburg Cement 100 Hold
Sirca Paints 100 Hold
SJVN 1000 Exit
Associated Alcohol 300 Exit
IDFC First Bank 2000 Exit
Glenmark Pharma 50 Hold
Alembic Pharma 200 Hold
Granules 300 Hold
South Indian Bank 15000 Exit
Ashok Leyland 500 Hold
V Guard industries 500 Hold
Federal Bank 300 Exit

 

Shreesh Onkar: Can you please clarify my below queries?

Thanks a lot in advance.

Is it a good option to buy Yes Bank currently (at Rs 13 per share) as a long-term investment?

Will it increase in the future?

Ajit Mishra: We would recommend you prefer major private banking names like ICICI, Kotak and HDFC Bank instead of Yes Bank for fresh investment.

 

What do you suggest on the upcoming allotment of QuadPro IPO?

Is it a good option to buy this stock, if not allotted (at Rs. 20 per share)?

Will this be a good long-term prospect?

Ajit Mishra: It's a SME IPO. We don't track SME space so can't comment.

 

Umashankar: I bought 2,000 shares of Unitech Ltd at Rs. 9.45 per share a long ago.

Should I wait for it to reach that level to sell or should I sell it now?

Ajit Mishra: Exit the stock

 

Sandeep Aich: Kindly review and advise me on my portfolio.

All the shares are purchased with a horizon of 2 Years from now.

Ajit Mishra:

Stock Name Average Price Quantity Total Invested View
Deepak Nitrite Ltd. 1647.2 5 8236 Hold
Endurance Technologies 1310.13 8 10481.04 Hold
HCL Technologies Ltd 953.83 6 5722.98 Hold
Hindustan Unilever Ltd 2329.33 3 6987.99 Hold
IDFC First Bank Ltd 53.62 42 2252.04 Exit
Yes Bank Limited 14.5 253 3668.5 Hold
Motherson Sumi Systems 211.01 30 6330.3 Hold
Indian Railway Ctrng nd Trsm Corp Ltd 1731.11 9 15579.99 Hold
Computer Age Management Services Ltd 2780.5 4 11122 Hold
Indian Energy Exchange Ltd 368.38 4 1473.52 Hold
Indian Railway Finance Corp Ltd 21.96 161 3535.56 Exit
IndiaMART InterMESH Ltd 6685 1 6685 Hold
Prince Pipes and Fittings Ltd 707.03 14 9898.42 Hold
IOL Chemicals and Pharmaceuticals Ltd. 690 2 1380 Hold
Relaxo Footwears Ltd 1106 3 3318 Hold
SBICARD 975 3 2925 Hold
POLYCAB 1978.9 2 3957.8 Hold
Hindustan Media Ventures Ltd 88.37 13 1148.81 Exit
Dabur India Ltd. 596.55 2 1193.1 Hold
Varun Beverages Ltd 765.6 2 1531.2 Hold
Asian Paint 3003 2 6006 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.

Feature Presentation: Ashish Narsale/ Rediff.com

AJIT MISHRA

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