Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Sanjukta Kanungo: Sir, I want your advice regarding these stock, which I have purchased recently.
1. Dixon technology 15 share @ 6150,
2. GMM pfaulder 15@4890
3. Infoedge 20 nos @ 2700
As long term invester should I hold those shares
Ajit Mishra: Hold the stocks for long term
Arnav Khandekar: I have heard from many people to buy good stocks gradually however one question bugs me a lot. If the price of the share keeps increasing and we keep on buying it, won't the average share price increase? So won't the profits be decreased? I'm asking for long term perspective.
I have reliance share @900 rs but seeing the current price and in future it seems that it won't come back to the previous levels of 900. What should I do? I want to accumulate more shares but buying at higher prices will make avg share price go up. Please help me with this dilemma. Also, I would request your view on ujjivan small finance bank share which I got at the time of IPO at 37 rs ( 300 shares currently).
Also your view on
NESCO @ 627 - 2 shares. - Hold
Rajesh Exports @ 615 - 4 shares - Exit
RITES @ 280 - Hold
Which fundamentally strong growing stocks from pharmacy and chemical sector would you suggest for 2-3 years and the price range at which to buy ( fair value).
Ajit Mishra: Yes you are right; this strategy is used when the stock is good from long term but investors feel that it would run up in short span of time then investors continues to buy the stock even at high price. But in general average is done on dips for most of the stocks for the cost price to be lower.
Continue holding Reliance share. Exit Ujjivan small Finance bank
In chemical sector you can invest in stocks such as Atul, Vinati organic, Aarti Ind, Alkyl Amines Chemicals. With respect to Pharma one can invest in Cipla, Biocon, Cadila Healthcare, Glenmark, Divis lab and Alembic Pharma. All these stocks can be brought on dips and in staggered manner for long term.
Prasanna Ganapathy: I have started to learn about stock markets 6 months ago. Now I'm planning to diversify and invest in various markets. Please suggest can I buy these?
Ajit Mishra:
| 1) ITC | Buy |
| 2) Marico | Buy |
| 3) Berger paints | Buy |
| 4) JK paper | Avoid |
| 5) GAIL | Buy |
| 6) Tech Mahindra | Buy |
| 7) Sonata software | Avoid |
| 8) Oracle | Avoid |
| 9) Allsec Tech | Avoid |
| 10) Andhra sugar | Avoid |
| 11) Apollo pipes | Avoid |
Saurabh Jadhav: I'm Saurabh Jadhav I have invested in the following company's please guide for which stock I should hold and which I should sell.
Ajit Mishra:
| 1 . ALOK INDS - 130 shares @36.29 | Exit |
| 2 . BHEL - 100 shares @37.35 | Exit |
| 3 . FEDERAL BANK - 100 shares @55 | Exit |
| 4. ICICI BANK - 10 shares @365 | Hold |
| 5. NILA INFRA - 100 shares @4.20 | Exit |
| 6. REFEX - 100 shares @60.50 | Exit |
| 7. RELIANCE INDS - 5 shares @2134 | Hold |
| 8. RVNL - 300 shares - @21 | Exit |
| 9. SOUTH BANK - 100 shares - @7.85 | Exit |
| 10. TRIDENT - 100 shares - @6.85 | Exit |
| 11. URJA - 300 shares - @3.53 | Exit |
| 12. WIPRO - 50 shares - @268 | Hold |
| 13. YES BANK - 100 shares - @12 | Hold |
| 14. VIKASMCROP - 100 shares - @7.50 | Exit |
| 15. SYNCOMF - 200 shares - @1.95 | Exit |
| 16. CAPLIN POINT - 10 shares @540 | Hold |
Sanjan Banerjee: I am holding these stocks for 2-3 months. Pls share your opinion for Hold or Sell. I can wait for long term.
1. Kothari Petro 430 nos @ Rs. 14.50 average price
2. Indraprastha Medi 70 nos @ Rs. 33.00
3. SBI 11 nos @ Rs 190
4. Confidence Petro 100 nos @ Rs. 18.20
5. Hindustan tin 100 nos @ Rs. 38.00
6. SJVN 100 nos @ Rs. 22.25
7. KM Speciality Hospital 60 nos @ Rs. 21.55
8. Gammon infra 500 nos @ Rs. 0.97
Ajit Mishra: Hold SBI for long term and Exit all the other stocks.
Dr. Vasudeva Murali: I am holding 1000 shares of TANLA SOLUTIONS bought @170 Hold or book profits?
Ajit Mishra: Book Profit at the current levels.
Dr. Md. Ismail Shaikh: Please give your valuable opinion regarding my portfolio
Ajit Mishra:
| Triden 100 shares | Exit |
| ONGC 55 shares | Hold |
| Vodafone Idea 100 shares | Hold |
| ITC 15 shares | Hold |
| Power Finance Corp 55 shares | Exit |
| HPCL 60 shares | Hold |
| BHEL 50 shares | Exit |
Swapnil Suresh Vaidya: Hi Sir, I have following shares holding. PL advise.
Ajit Mishra:
1) Indusind Bank - 500@434 Rs each - Exit
2) Axis Bank - 300 @ 440 Rs each - Hold
3) Yes Bank -15000@Rs 17 each - Hold
Vikram Nadar: I am a long term investor ready to hold for 10 to 15yrs. Would like to know your recommendation on the below stocks which I am holding for the last 3 yrs.
Ajit Mishra:
| 1) Titan 10nos @₹888 | Hold |
| 2)Talwalkar health 18nos@spit | Exit |
| 3)Hdfc bank 1no@₹1240 | Hold |
| 4)PMC Fincorp 500nos@₹1.03 | Exit |
| 5)NCL industries 3nos@₹240 | Exit |
| 6)Power grid 500nos@₹195 | Hold |
| 7)IRB Infra 111nos@₹260 | Exit |
| 8)MBL Infra 101nos@₹220 | Exit |
| 9)Indian Metals 100nos@₹710 | Exit |
| 10) Titagarh wagons 500nos@₹160 | Exit |
| 11) Hindustan copper 1000nos@₹106 | Exit |
Balbir Singh Rourkela: Following stock holding pl advise. NEXT WHICH TO PURCHASE, WHERE TO ADD, WHERE TO REDUCE, WHERE TO EXIT?
Ajit Mishra:
| HERO MOTOR | Hold |
| MARUTI | Hold |
| ASIAN PAINT | Hold |
| ACC | Hold |
| ULTRATECH | Hold |
| TCS | Hold |
| INFOSYS | Hold |
| TECHM | Add |
| HCL TECH | Hold |
| BHARATARTL | Add |
| RIL | Hold |
| SUNPHARMA | Hold |
| AUROBINDO | Hold |
| TITAN | Hold |
| HAL | Add |
| BEL | Hold |
| ASTRAMICRO | Exit |
| BDL | Add |
| ICICI | Hold |
| INDUSIND | Exit |
| SBI | Add |
| PIDILLITE | Hold |
| IRCTC | Hold |
KRISHNAMURTHY DESAI: My name is K T Desai and a small time investor. Please advise on my following stocks.
Ajit Mishra:
| Reliance 350 shares @Rs 1954 | Hold |
| Aarti industries 150 shares @ 1120 | Hold |
| Granules 400 shares@325 | Hold |
| Minda ind shares @ 305 | Hold |
| Birlasoft 400 shares @ 147 | Hold |
| Sbi 150 shares @ 206 | Hold |
| Indiabulls housing 200 shares @ 212 | Exit |
| Bhel 200 shares@ 41.55 | Exit |
| GMR infra 200 shares@25.53 | Exit |
| YESBANK 1000 shares@18 | Hold |
| IRB infra 100 shares @ 128 | Exit |
Nehal: what should I do?
Ajit Mishra:
Rallies india buy 25 @ 230 – Book part profit at the current levels @ 290 and remaining position can be hold with strict SL at 280
Irctc buy 5 @ 1437.5 – Hold with SL at 1310
Sanjay: I have started investing in stocks at the age of 38 kindly guide me in which stocks should I invest for long term and currently my holdings are as given below:
Ajit Mishra:
| Bank of baroda - 100 @ 48.50 | Exit |
| Birla soft - 100 @ 181.80 | Hold |
| Mothersumi - 75 @ 119.50 | Hold |
| Uttam value Steel Ltd - 1760 @.60 | Exit |
| Yes bank - 1000 @ 15.20 | Hold |
You can also invest in stocks such as HDFC Bank, Kotak Bank, HDFC ltd, L&T, Britannia, Dabur, Asian Paints, 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.
Hari Prasad: Am Hari prasad from kerala.Please advice my holding position for last three years
Total of 97000 loss
Ajit Mishra: Hold SBI and Tata Chem for long term and exit all the other stocks
DEBANJALI SAHA: I am Debanjali saha, involving with stock market approx 2yrs but only loss no profit. plz advise on my following stock (with invest price )
Ajit Mishra:
| 1) Bombay dyeing @91.5 | Exit |
| 2) Avanti feeds @609.25 | Hold |
| 3) Nocil @146.40 | Exit |
| 4) indiabulls hsg @1010 | Exit |
| 5) jyothy labs @467 | Exit |
| 6) BF investment @343.43 | Exit |
| 7) Sunpharma @540 | Hold |
| 8) HPL Electric & @101 | Exit |
| 9) Delt corp @261 | Exit |
| 10) union bank @92 | Exit |
| 11) Sunpharma Adv @ 426 | Exit |
| 13) BEML @982 | Hold |
| 14) Mauria Udyog @401 | Exit |
Krushna Mangulkar: I am holding the below shares, please confirm whether i should hold or sell or add more?
Ajit Mishra:
| 1. DEN - 20 @ 96.2 rs | Exit |
| 2. HDFC life - 1@ 611.9 rs | Hold |
| 3. Inox - 4 @ 215 rs | Hold |
| 4. Itc - 4 @ 194.5 rs | Hold |
| 5. Manappuram- 2 @ 164 rs | Exit |
| 6. Sbi card - 2 @ 793.5 rs | Hold |
| 7. Yes bank - 84 @ 14 rs | Hold |
| 8. ZEEL - 7 @ 210 rs | Exit |
I am thinking about adding below stocks, kindly share the opinion.
1. Idfc bank
2. Tv 18 broadcast
3. Nalco
4. Acrysil
5. tata consumer.
Ajit Mishra: Out of all you can add Tata Consumer and Hold Nalco
Raj Mohan: I have read the share market related article in which you have given advises to some investors. It is quite interesting and valuable too.
I would like to seek your valuable advices on the following stocks, I am holding these stocks for quite some time. only ICICI bank i bought recently. would you please recommend these stocks to be hold or exit:
Ajit Mishra: Continue to Hold ICICI bank for long term and Exit all the other stocks
M K Gupta: View on M&M Financial stocks. I am holding 700 shares@140/Share.
Ajit Mishra: Hold with strict SL at 120
Subrata Paul: Sir should I hold, exit the following shares
Ajit Mishra: Exit all the stocks
Saurav Singh: Please review my portfolio. I currently hold following stocks:
Ajit Mishra: Exit all the stocks
Mamta Vashishtha: I am Mamta 52. I have below shares and some liquidity to invest more. Please guide on selection with buy, Hold or exit. I want to invest for short term as i need income for monthly expenses due to job loss. I can invest for slightly longer period too if there will be more gain.
Ajit Mishra:
Thiyagarajan R: I have 2000 shares of M&M Finance, purchased at 145. Hold or Exit?
Ajit Mishra: Hold with SL at 120
Illustration: Uttam Ghosh/Rediff.com
Please mail your questions to getahead@rediff.co.in with the subject line 'Stock Market Query', 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.
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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