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Should you accumulate this stock for 15-20 years?

By AJIT MISHRA
December 04, 2020 08:39 IST

Illustration: Dominic Xavier/Rediff.com
 

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

HEMANT UDAWANT: Dear Sir, I'm holding following stocks. Please advise on whether I should hold/average out/exit. 

Ajit Mishra:

- Idea, 21000@12.21 - Exit

- JP Asso., 12500@4.10 - Exit

- PFC, 1000@100.05 - Hold

- L&TFH, 175@71.35 - Hold

- PNB, 2100@37.55 - Exit

manish shah: Please advice

Ajit Mishra:

V Gaurd-- 184/- - Exit
Pidilite--1533/- - Hold
Skf --1754/- Exit
Rites--272/- - Hold
Rbl bank--186/- - Hold
Bpcl--474/- - Hold
Astra micro--129/- Hold
La Opela--243/- - Hold
Rel nippon--295/- - Hold

H.L.Hariharan: I have the following shares. Can I hold these two?

Ajit Mishra:

 1. Manappuram finance 3000nos. - Hold
 2. Ultratech cement 60 nos. - Hold 

mugdha kale: Please let me know your opinion regarding holding the following stocks. All these are in negative in the portfolio

Ajit Mishra:
1. Suzlon energy - Exit
2. Vascon Engineers - Exit
3. Transformers and rectifiers - Exit
4. IFCI - Exit
5. IVR Infrastructures - Exit
6. BEML - Exit
7. Dish TV - Exit
8. Usha Martin - Exit
9. Kansai Nerolac - Hold
10. Rural Electrification Corporation - Hold

GANESH ASHOK PAWAR: Need your help. I have below holding and bought recently in last two months time. Would like to know your opinion for same. Whether to hold and for what period, also which scripts to buy more to strengthen the portfolio. Also suggest your overall opinion about my portfolio.

Ajit Mishra:

Balmer Lawrie 100@116.37 - Exit

Container corporation 250@419 - Hold

Deepak fertilizer 100@183 - Exit

Future retail 100@162 - Exit

Gail 100@103 - - Hold

HDFC Bank 100@1038 - - Hold

Hindustan Aeronautics 50@106 5 - Hold

Indian hotel 100@96 – Hold for atleast 2-3 years

ITC 100@189 - Hold

MCX 25@1713 - Hold

NHPC 523@36 (IPO) - Hold

Shriram transport 105@706- Hold

SBI 100@186- Hold

Stretigic technology 100@163- Exit

rajesh rajkumar: Im having the following shares. Kindly advice whether to hold the same or exit. Also plan to invest 5 lakhs in next 2 months. Please suggest a script which is sound for investing for duration of 6 months.

Ajit Mishra:

RVNL@23.3- 13500 shares - Exit
south Indian Bank@7.76-15500 shares - Exit.
Reliance Home Finance Ltd-20000Shares @ 2.50 . – Exit

For 6months-1 year, one can look to invest in Reliance Industries, Bharti Airtel, ICICI Bank, Britannia Industries preferably on dips.

Priya Pandey: I have the below stocks in my portfolio. I'm unable to understand which one to hold or which one to sell. Request you to suggest me. I'm absolutely fine to hold for 2- 3 years for good returns.

Ajit Mishra:

Bank of India - 15 @51.07 - Exit

BHEL - 40 @41.43 - Exit

Federal bank - 50 @53.42 - Hold

HDFC AMC - 13 @1100 - - Hold

HDFC bank - 2 @1004.16- Hold

IDFC bank - 20 @21.08- Exit

Ircon international - 2 @98.74 - Hold

ITC - 2 @206.13- Hold

L&T Finance - 30 @95.67- Hold

PNB gilts - 20 @47.62 - Exit

SBI - 20 @204.49 - Hold

Suzlon energy - 300 @4.75-Exit

TV18 broadband - 76 @55.76 - Exit

Uttam value steels - 1000 @0.66 - Exit

Yes bank - 310 @13.39 – Exit if not under lockin

Anandarup Bandyopadhyay: Kindly advise on following portfolio: 

Ajit Mishra:

Equity Qty. Holding price, ₹ Comments
ACC 20 1364 Hold
NCC 200 73 Exit
Suven Life Science 200 215 Hold
Suven Pharma 200 0 (Bonus) Hold
GIC 160 434 Exit
IDFC First Bank 1500 29 Exit
HDFC Bank 90 946 Hold
SBI 100 175 Hold
SRTRANS FIN 100 955 Hold
GIC Housing Fin 100 186 Exit
HDFCMFGETF 10 2529 Hold
Unitech 3000 3 Exit
DLF 100 105 Exit
Tata Motors 900 152 Hold for atleast 2-3 years
HDFC Ltd 20 1588 Hold
Godrej Prop 30 715 Hold
Tata Power 500 58 Hold
RIL 5 (-) 4832 Hold

giri shankar: I am holding the below shares. please confirm whether i should hold or sell the same. 

Ajit Mishra:

1 MRF - 10 shares - Hold

2 BHEL - 20000 Shares - Exit

3 Ashok Leyland - 850 shares - Hold

4 Tide Water Oil - 74 shares Exit

5 CSB Bank - 300 shares - Hold

6 Karur Vysya Bank - 1007 shares - Exit

Alkesh Doshi: I have Aditya Birla Fashion.@145..Future Retail@160...Grasim..Godrej Inds...? What should i do woth this? Also please share can we buy ONGC...IOC....Motherson..Tata Motors???

Ajit Mishra:

One can hold Godrej Industries, Grasim, IOC and ONGC for long term.

If you have 2-3 year view then hold motherson and tata motors

Exit Aditya Birla fashion and Future Retail.

HEMANATH R: I have the following stocks. Please share your opinion

Cupid Ltd 50 @ 226/share - Exit

Associated Alcohol and Breweries Ltd 50 @ 230/share - Hold

SBI 90 @ 190/share - Hold

Sun TV 70 @ 390/share - Exit

Pramod Shanbhag: I am holding following share with long term view. Kindly let me know your view on this

Ajit Mishra:

1) Abbott @ 16199/- per share - Hold
2) gmm pfaudler @ 5040 per share - Exit

Surinder Kumar: Please advise me on my current holdings whether to hold or exit: Bharti Airtel, Raymond, L& T, Stride Pharma.Yes Bank, Deepak fertilisers,IGL, Kirloskar industries, SBIN, Wockhardt Pharma

Ajit Mishra: Bharti Airtel, L&T, Stride pharma, IGL, SBI can be held for long term

Rakesh Kumar: I have below stocks in my long term Portfolio. Let me know your thoughts on these stocks. Can you recommend some long term stock from the Chemical sector?

Ajit Mishra:

1- HDFC AMC - 10 stocks @ 2350 - Hold

2- Tata Chemicals - 50 Stocks @ 310 - Hold

3- Aarti Drugs - 10 Stocks @ 2910 - Hold

4- Rossari Biotech: 35 Stocks (in IPO). Can I add more? – Add on corrections, Hold

5- Aditya Birla Faishon: 100 Stocks @ 139 - Exit

6- Engineers India Limited: 200 Stocks @ 69 - Hold

7- Finolex Cables: 100 Stocks @ 305 - Hold

8- IRB Infrastructure: 100 Stocks @ 105 - Exit

9- Nippon Asset Management: 100 Stocks @ 296 - Hold

10- RCF: 250 Stock@ 42 - Exit

RAVI RANJAN: Sir, I have following shares in my portfolio and I am short-term trading from last 5 months and made decent 18% return in this period. Please share your medium term view on the following shares.

Ajit Mishra:

1. Jindal steel and power (180 shares@200) - Hold

2. Hindalco (250 shares@193) - Hold

3. Yes Bank (2000 shares@23.25) - Exit

4. Karur Vysya Bank (525 shares@38.60) - Exit

5. Idea (1000 shares@12) - Exit

6. IndusInd Bank (75 shares@673.75) - Hold

7. Ashokha Buildcon (550 shares@76) - Exit

8. Adani Transmission (200 shares@278.50) - Exit

9. NTPC (425 shares@104) - Hold

10. IOC (500 shares@88.70) - Hold

11. M&M Fin. Services (350 shares@144) - Hold

12. Bandhan Bank (170 shares@321.50) - Hold

13. Bharti Infratel (220 shares@223) Hold

14. State Bank of India (250 shares@211) - Hold

 Sudha Sharma: Sir, please share your medium term view on the following shares.

Ajit Mishra:

1. RBL Bank (260 shares@199 each) - Hold

2. Yes Bank (3000 shares@15.70 each) - Exit

3. ONGC (700 shares@82.50 each) - Hold

4. NTPC (500 shares@107 each) - Hold

AKASH BHATIA: Sir, I have invested in following shares. Please suggest me to hold or exit. I want to hold these shares for long term.

Ajit Mishra:

ITC 50@194.79 - Hold

IOC 100@86.80 - Hold

Bharti Airtel Ltd 40@519. - Hold

Happiest Mind 20@383- Hold

SBI 24@195.65- Hold

sunil kanse: I have recently purchased Future Retail @162. quantity=800. Now trading at Rs 96. What to do? Shall I book loss?

Ajit Mishra: Exit

Raj Banyal: I HAVE bought AND holding following stocks. pls adv if hold or exit

Ajit Mishra:

Alembic: 104.20 - Hold

BDL: 310 - Hold

FREETAIL: 109.85 - Exit

RELICEPP: 1052.66 - Hold

GLENMARK: 476 -- Hold

TRF: 84 - Exit

GAIL : 92 - Hold

ITDCEM: 58 - Exit

SBI : 815.22 - Hold

SHRIKANT ANANDA TAVRE: I am new to Share Market i have invested few money in following stock. Kindly suggest what to do, Which is good share to invest. I want to earn good amount of money.

Ajit Mishra:

Symbol Qty Available Buy Average Comments
SHOPERSTOP 5 154 Exit
RELIANCE 2 1543 Hold
AMBER 5 1483 Hold
KOTAKBANK 1 1287 Hold
COMPUSOFT 100 9.5 Exit
TATAMOTORS 18 111.5 Hold for atleast 2-3 years
CHENNPETRO 10 56 Exit
OMAXE6 44 202.867 Exit

Indranil Basu: Can I accumulate ITC at current level for 15 to 20 years? If not please suggest one stock for above..@

Ajit Mishra: ITC has good fundamentals with healthy dividend yield as well. We would recommend to diversify your holdings into other bluechip stocks as well.

Sameer Kolhe: I am holding below shares. Can you please advise if i should Add/Hold/Exit. If its Add - which shares and if its Exit then in which shares to invest. I want to further add 20k per month from medium terms perspective. Can you please guide which is the best stock for SIP. 

Ajit Mishra:

Scrip Buy Price  Market price(As on 22-09) Quantity Comments
KRBL Alert 49.8 255.8 800 Exit
ASIAN PAINTS Alert Results 817 1949.55 31 Hold, Add on dips
GLENMARK PHARMA Alert Results 355 463.5 200 Hold
POWER GRID Alert Results 135 168.85 200 Hold
KOTAK MAHINDRA BANK Alert Results 662 1296 4 Hold, Add on dips
MANAPPURAM FINANCE Alert 125 149.1 100 Hold
SHILP GRAVUR Alert 48.9 54 450 Exit
KAJARIA CERAMICS Alert Results 443 496.85 24 Hold
SUN TV Alert Results 384 476.45 10 Exit
RALLIS Alert 280 283.05 100 Hold
HDFC BANK Results 1028 1045.3 1 Hold
TITAN Results 1127 1110 1 Hold
ROTO PUMPS Alert 106 102.05 104 Exit
IIFL SECURITIES 43.8 41 250 Hold
AXIS BANK Alert Results 527 417.6 10 Hold
M&M FINANCIAL SERVICES Alert Results 233 121.5 14 Hold
MINDTREE Alert 1515 1281.3 8 Hold
DELTA CORP. Alert 123 104.05 299 Hold
IIFL WEALTH MANAGEMENT Alert 1130 950.95 35 Hold
INDAG RUBBER Alert 101 68.15 195 Exit
SOUTHERN PETRO 26.4 17.45 1000 Exit
TCI FINANCE 45.2 4.6 300 Exit
KULK-POWER Alert 117 69.35 300 Exit
COAL INDIA Alert 308 120.05 100 Exit
INDIABULLS REAL EST 257 51.6 100 Exit
INDIABULLS HOU. FIN. Alert 204 158.8 586 Exit
VAKRANGEE 86.2 24.9 480 Exit
ASIAN OILFIELD 377 102.95 150 Exit
IIFL FINANCE Alert 335 79.9 250 Hold
IFCI Alert 75.5 6.04 1750 Exit
RELIANCE NAVAL & ENGINEERING LTD 81.8 3.07 1600 Exit

Aman jain: Please suggest me what to do next 

Ajit Mishra:

Yes bank-40 shares@12.20 –Exit if not under lockin

Bajaj finance-2 shares@1940 - Hold

Lic housing finance-20 shares@250 - Exit

Axis bank-10 shares@410 - Hold
Reliance - 10 shares @930 - Hold

Prince pipes-10 shares@94 - Hold

Berger paints-40 shares@480- Hold

Havells-10 shares@540- Hold

Vguard-20 shares@170 -Exit

Idfc first bank-100 shares@24 - Exit

Cub bank@20 shares@ 119 - Hold

Shriram City union finance-10 shares@660- Hold

Borosil-50 shares@72 - Hold

Rpower-1000 shares@3.15 - Exit

rajesh kumar: Please advise on below stock. currently running in loss for all stock

Ajit Mishra:

PNB- Exit
BOB- Prefer SBI
Indiabulls housing - Exit
Bharti Airtel - Hold
New India assurance - Exit
Bandhan Bank - Hold

JOHNSON DIAS: I am holding the below stocks, could you please let me know if I can add any more stocks on dips or can hold any or do I need to sell any stocks. any suggestions on this would be appreciated.

Ajit Mishra:

Aarti Drugs 3018 - Hold
Bharat Electronics 103 - Hold
Dr. Reddy's Labs 5166- Hold
Granules India 377- Hold
ONGC 77- Hold

Himanshu Rajendrakumar Patel: I had 1000 shares of Adani green at average price of 250. Should I stay or leave. 

Ajit Mishra: We would recommend to 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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