Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
karan Sinha: I hold the following stocks. What's your advice?
Ajit Mishra:
Bajaj Finserv | Hold |
BPCL | Hold |
COAL INDIA | Exit |
NMDC | Exit |
ONGC | Hold |
IOCL | Hold |
PNB | Exit |
RIL | Hold |
HDFC AMC | Hold |
HDFC LTD | Hold |
HDFC BANK | Hold |
TATA STEEL | Hold |
TATA MOTORS | Hold |
POWER GRID | Hold |
ITC | Hold |
Dilip Gurnani: Plz advise about following companies: -
Karnataka Bank, MBL Infrastructures, NLC India, ONGC, PTC India Financial Services, REC Ltd., Rolta India, Sintex Plastics, Sundaram Multi Pap, Vedanta & Zicom.
Ajit Mishra:
Karnataka Bank | Exit |
MBL Infrastructures | Exit |
NLC India | Exit |
ONGC | Hold |
PTC India | Exit |
REC Ltd | Only if interested in earning dividends |
Rolta India | Exit |
Sintex Plastics | Exit |
Sundaram Multi Pap | Exit |
Vedanta | Hold |
Zicom | Exit |
Amit Sharma: I am building my portfolio from last 3 years in following shares, kindly suggest if I need to add/delete or hold.
Ajit Mishra:
- Hul | Hold |
- Reliance Industries | Hold |
- TCS | Hold |
- HDFC Bank | Hold |
- HDFC | Hold |
- Clariant Chem | Exit |
Atul Gopalrao Kulkarni: I have Prabhat Dairy shares purchased 2 years before at 110 and Equitas holding shares purchased at 58. Kindly advise both.
Ajit Mishra: Exit both the stocks
Bibhuti: I have hold 11200@36 NHPC share as employee quota IPO since 2007. Should i sell or hold these? Please advise
Ajit Mishra: Exit the stock
Pankaj Sachdeva: I have the following stocks at a high loss. Please suggest should I sell or average: I can wait for another year.
Ajit Mishra:
- Motherson Sumi @197 | - Hold |
- VEDL @ 224 | - Hold |
- Zuari Global @160 | - Exit |
- Ashok Leyland @89 | - To earn decent return should wait atleast for 2-3 years |
Anil: I am planning to buy stocks of PVR and Infosys. current price of Infosys is Rs.922/ and PVR is Rs. 1056. Can you let me know is it worth to invest on above 2 stocks right now.
Ajit Mishra: You can invest in both the stocks for long term but in staggered manner. Please note that PVR can fall further due to uncertain situation but once things will began to normalize and theaters re-opens, it will start to pick-up gradually.
Darpan Patel: Pl. advise on my holdings
1) Jain Irrigation System 700 shares @₹14.4 each
2) Ram Info. 500 shares @ ₹14 each
Pl. advice wether to hold/sell/accumulate this shares... I can Hold for 4-5 yrs if needed to accumulate.
Ajit Mishra: Exit both the stocks
Nitin Parikh: I have the following shares. What to do hold or sell?
Ajit Mishra:
Shankara Building Products 10 nos@1053 | Exit |
Sterling and Wilson 19 nos @780 | Exit |
Price pipes. 84 nos @178 | Hold |
RAHUL ANAND T: I am holding Superhouse @ Rs.90. When I checked the fundamentals it seems a good one and I don't know why it is not moving forward like other stocks. Should I hold it for a long term?
Ajit Mishra: Exit the stock
Rama Mohana Rao Namburu: Good evening sir, kindly advice about our stocks, beml, bf utilitues, mps, raymond, idfc, idfc first bank, jm finance, escorts, praj inds, renuka, sterlite tech, kelltontech, steel strips, quess corp, thomascook, coffeeday,, sir kindly advice us which stocks hold and which stocks exit, thank you
Ajit Mishra: Hold BEML, Escorts and Steel Strips. Exit all the others stocks.
Rohit Kaul: Need your advice on below shares. Shall I hold/sell these shares. Any suggestion in shares that I can invest in?
Ajit Mishra:
Yes Bank -100 @165.89 | Hold |
ITC - 51@200.31 | Hold |
Aarti Drugs - 20@706.21 | Hold |
Wipro - 6@288.30 | Hold |
SBIN - 2@328. 81 | Hold |
SBICards-19@755(IPO) | Hold |
Quickheal49@225.23 | Hold |
Idea -1000@7.39 | Hold |
DeepakNitrate -25@294.81 | Hold |
DeepakFerilizer -20@147.90 | Hold |
Brij Bhushan: I have the following shares please advise. If possible please advise me a broker who charges less presently I am with SBI securities
Ajit Mishra:
Alpha zeo 182.70 | Exit |
Berger 506 | Hold |
Diamond yd 584.40 | Hold |
Equitas 59.39 | Exit |
Parag 103 | Exit |
Sail 36 | Exit |
Schneider 86.30 | Exit |
At Religare Broking Ltd, we offer products for all type of market participants. You may choose as per your requirement.
Prashant Kumar Maharana: I am holding these stocks more than 3 years and all the stocks are in loss. please give your opinions what to do with these stocks I can hold these another 3-4 year.
Ajit Mishra:
Shares | Qty | Purchase Price | Current Price | Opinion |
Apollo Tyres | 100 | 227.33 | 109 | Hold for 3-4 years |
Ashok Leyland | 900 | 121.49 | 51 | Hold for 3-4 years |
B C Power Controls L | 100 | 41.29 | 4 | Exit |
Grasim Inds. | 100 | 1,084.58 | 602 | Hold |
India Cements Lt | 150 | 193.5 | 119 | Hold |
ITC Ltd. | 500 | 319.03 | 196 | Hold |
Jindal St & Pwr | 110 | 253.59 | 175 | Hold |
Karnataka Bank | 1067 | 133.64 | 45 | Exit |
Minda Corporation | 100 | 136.25 | 70 | Exit |
NMDC Ltd. | 450 | 135.44 | 83 | Exit |
REC | 1370 | 152.95 | 107 | Only if interested in dividends |
SBI Cards and Pay | 19 | 755 | 754 | Hold |
RAHUL BANKAR: My age is 2month in the share market, I am holding below share and kindly advice me need to hold or sale, actually they are in red. Also please advice me for penny stock which I want to buy and hold for long time.
1) Idea- Hold
2) IDFC- Exit
3) PC jwellers-Exit
4) PNB- Exit
5) Relinfra- Exit
6) Tata Motors- Hold
7) Yes Bank- Hold
Ajit Mishra: We do not recommend investing in penny stocks.
MOTAHER HOSSAIN: Sir, I have 1000 shares of network 18, what should I do? Hold or sell? If there is any good news then please sughest me wheather I should but more share or not?
Ajit Mishra: Exit the stock
Gaurav Kanted: I would like your opinion on my current portfolio. I'm planning to hold it for 1-2 years and possibly add to it further. All prices below are avg prices I have bought for:
Ajit Mishra:
1) ASHOKLEY - Rs 50 - 100 shares | Hold at least for 2-3 years |
2) BANKBEES - Rs 215 - 10 shares | Hold |
3) GAIL - Rs 86 - 20 shares | Hold |
4) HDFCBANK - Rs 866 - 15 shares | Hold |
5) IDFCFIRSTB - Rs 20 - 100 shares | Exit |
6) ITC - Rs 160 - 10 shares. | Hold |
Hanif Malek: I need your suggestion regarding which share should I take for next 5 year target?
Ajit Mishra: We would recommend you to invest in stocks such as HDFC Bank, Kotak Bank, HDFC ltd, L&T, Britannia, Dabur, Asian Paints, Maruti, Bajaj Auto, Tech Mahindra, TCS, Reliance Industries, Cipla, Biocon, and Bharti Airtel.
We advise you to buy these stocks in staggered manner as these stocks have decent fundamentals and good long term growth prospects which can deliver healthy returns.
Arijit Kar: I am relatively new in stock market trading. I am experimenting and doing analysis on my own after doing a bit of learning. However I am facing loss as of now. Kindly suggest /guide me what to do in future? Following are the details of my holding:
Ajit Mishra:
Adani green -95 shares @379 | Hold |
Clariant Chemicals- 19 shares @570(Special Dividend of 140 yet to receive) | Exit, after dividend is received |
Indiabulls housing finance - 23 shares @239 | Exit |
Dmart - 6 shares @1996 | Hold |
Relaince - 23 shares @1900 | Hold |
Muthoot finance- 10shares @1247 | Hold |
Shri Kerur:I have below shares holding from 2 years, please suggest me wether I can hold or exit.
Ajit Mishra:
CDSL - 100 @ 390/per share - Hold
HUDCO - 500 @ 92 / per share - Hold
Vidyashree Koti: I hold below shares, please suggest to hold/sell.
Ajit Mishra:
Raymond 100 shares @342 | Exit |
Future Retail 300 shares @140 | Hold, you will receive Future enterprise shares. Further, Retail division is going to get merged in Reliance at later stage. |
IndusInd 400 shares @560 | Exit |
Krishna Raj: SIR, I AM HOLDING THE FOLLOWING SHARES. PLEASE ADVISE WHETHER I SHOULD HOLD OR SELL.
Ajit Mishra:
- TECH MAHINDRA (AVERAGE PURCHASE PRICE: 585/-) | - Hold |
- REYMOND (AVERAGE PURCHASE PRICE: 477/-) | - Exit |
- ITC (AVERAGE PURCHASE PRICE: 197/-) | - Hold |
I WOULD LIKE TO HOLD TECH MAHINDRA IF IT CAN BE PROFITABLE FOR LITTLE LONG.
I HAVE ONE MORE DOUBT.. THE DIVIDENT IS BEING ANNOUNCED FOR TECH MAHINDRA ON 23 JUL. WHETHER THE SHARE PRICE WOULD GO DOWN OR UP AFTER DIVIDENT PAYMENT.
Ajit Mishra: Share Price gets adjusted to the dividend announced.
amol deogirakar: I wish to invest 5 lakh in stock market and can wait for a period of 3-4 years for return. Please suggest stock for the growth.
Ajit Mishra: We would recommend you to invest in stocks such as HDFC Bank, Kotak Bank, HDFC ltd, L&T, Britannia, Dabur, Asian Paints, Maruti, Bajaj Auto, Tech Mahindra, TCS, Reliance Industries, Cipla, Biocon, and Bharti Airtel.
We advise you to buy these stocks in staggered manner as these stocks have decent fundamentals and good long term growth prospects which can deliver healthy returns.
Please mail your questions to getahead@rediff.co.in with the subject line 'Stock Market Query', along with your name, and Ajit Mishra will offer his unbiased views.
Illustration: Uttam Ghosh/Rediff.com
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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