x asked, Hi Pranav, Are the cement stocks expected to rally up in the near future ? Given the reforms on this sector is it a good long term hold? 1-2 years..
PRANAV SANGHAVI answers, at 2007-04-25 12:04:27Hi X, the cement stocks have all given good results and I think they should continue despite the scare of over capacities beyond 2 to 3 years.
x asked, With the ethanol thing getting implemneted, will the sugar stocks go on a rally ? Or would they continue to be underweight ?
PRANAV SANGHAVI answers, For most sugar companies Ethanol will only make a marginal difference. I dont think for the next few quarters the sugar stocks can rally or beat the market.
arun asked, what is future of hindalco stock
PRANAV SANGHAVI answers,
arun asked, what is future of hindalco stock
PRANAV SANGHAVI answers, I think on a longer term basis the stock will perform well. But in the short term it may get affected by the burden of the acquisition.
x asked, Can I enter IFCI at current levels ? I was waiting for it to come below 30 but it is giong up an up. Is it a trading stock ?
PRANAV SANGHAVI answers, I would not enter at these levels. I would wait for a dip before entering. I think more than a trading stock it is more of a case of a turnaroudn story.
mm asked, Hi Pranav, What shud b the future strategy for Tech Mahindra [100 @ 1300], Idea Cellular [90 @ 75], Cinemax [45 @ 155], Parsvnath [500 @ 475]?
PRANAV SANGHAVI answers, Hi M, Tech and Idea can surely be held with a longer term perspective. Cinemax and Parsvnath one has to watch their next few quarterly results before making a call.
Vishal asked, what would be the status of RPL in 1 year from now
PRANAV SANGHAVI answers, I think RPL will give decent returns 2009 onwards.
Ganesh asked, Hi Pranav, Petronet LNG - Is it worth buying @46/- for 1 yeat timeframe?
PRANAV SANGHAVI answers, With a 1 year outlook you could.
abhi asked, hi, i want to know about praj industry
PRANAV SANGHAVI answers, I had spoken about Praj some time last year. I am still bullish on the stock and could be held on with a longer term perspective. Praj is essentially into supplying of Ethanol manufacturing plants.
PradeepKumar asked, Sir, do u think that Infosys and TCS will recover when the Rupee is becoming strong?
PRANAV SANGHAVI answers, Surely, they will. Even though both those companies have said they have covered the dollar to an extent the stock prices are moving downwards. But if the Rupee goes further below they could be affected marginally furher.
PradeepKumar asked, Sir, is it worth to buy Voltas , Centurion Bank of Punjab and Tulip IT?
PRANAV SANGHAVI answers, I would look at Voltas from the lot.
ak asked, I have ITC, DaburIndia, Tata Chemicals, Hindalco at quite high rates for around last one year what would u suggest. Can hold 3 4 years also
PRANAV SANGHAVI answers, If you can hold for 3 to 4 years, all of them should surely give you a chance to exit with profits in the future.
urperception asked, Sirjee will there will be a hike in gold prices
PRANAV SANGHAVI answers, You mean will gold prices go up? Gold as most other metals is prone to price fluctuations based on various factors like demand and supply etc. But various global players feel the price of Gold should move upwards steadily till atleast 2010 with corrections ofcourse.
PradeepKumar asked, I have Amar Remedies 100 @ 100/-. now the price is 36. Will it touch 100 any day? or what should I do?
PRANAV SANGHAVI answers, I am sorry I don't follow that stock, so will not be able to help you.
rekha asked, hi pranav I have good no of Marson, SApet, and some Satyam, Wipro what is your op I can hold these for further
PRANAV SANGHAVI answers, Hi Rekha, I don't follow the first two stocks but Satyam and Wipro are long term plays. You could hold them with a two to three year perspective. They are growing at over 30% year on year basis.
megha asked, Hi. I have 150 bajaj hindustan @250. should I sell or hold?
PRANAV SANGHAVI answers, For the short term Baja Hind looks to be a sluggish stock. One has to wait and watch beyond 3 to 4 quarters.
koya asked, what will b sensex at end of 07
PRANAV SANGHAVI answers, I would stick my head out and say probably at newer highs as I feel by September the interest rates should start moving downwards which would further boost the markets.
jayaraman T asked, what is the futueos Kpit cummins?
PRANAV SANGHAVI answers, It is a good steady stock with good financial performance. You could hold on.
kanti asked, hi Pranav i have 20 India cement share at 240.current price is 173/- .Do you expect it will go up? can you suggest me good telecom company share for 1 year investment time frame ?
PRANAV SANGHAVI answers, I think you could hold on to India Cement. I dont think the opening up of imports will affect the cement companies and IC should continue to perform well.
KSRAO asked, What's the future of pharma sector? Which particular scrips will do well in this sector? Why is Divi Lab zooming without a halt?
PRANAV SANGHAVI answers, I like, Dr Reddy, Dabur and Cipla form the pharma stocks. Divi is a trading stock and any positive news results in the stock rising upwards.
jayaraman T asked, i have indian bank 75@90 shud i sell mow?
PRANAV SANGHAVI answers, I would hold on.
lovelyanil_2005@rediffmail.com asked, hi today market will be up and down
PRANAV SANGHAVI answers, It is anyones guess but I think they will be either flat or witha slight negative bias.
jrtwins asked, infy,tcs,wipro,satyam all going in losses for me:( how long shud i wait?
PRANAV SANGHAVI answers, They are going down due to the Rupee appreciating. I would not look at these stocks on a day to day basis but rather with a longer term perspectie. As these are the stocks consistently growing over 30% on a year on year basis. And their results proved just that. In the short term due to the strong Rupee they may remain weak. But I would not panic.
maghie asked, i have purchased 175 shares of balrampur chini @ 71.60, Should i hold or book loss?
PRANAV SANGHAVI answers, I would move to another sector altogether.
jrtpondicherry asked, i have godfreeey phiilips 10 @ 1600 what shud i do?
PRANAV SANGHAVI answers, Hold on.
maghie asked, I have 100 shares of hotel leela @ 65.40 and Techno Craft industries @ 101.40, Please advise the prospects of these shares
PRANAV SANGHAVI answers, Hotel Leela you could hold on. The other stock I dont follow sorry.
Mohini asked, I have 1000 shares of Firstsource and the news is that some gud rise is expected.What do u think so ?
PRANAV SANGHAVI answers, You could hold on to the same. It is a leader in the BPO space with strong management.
khyati asked, Hi Pranav, sorry to ask a very layman's question, but I will be obliged if you help. For a stock market novice, like me, is it better to go