News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 3 years ago
Home  » Get Ahead » Ask Ajit: 'Advice for small-time investor'

Ask Ajit: 'Advice for small-time investor'

By AJIT MISHRA
January 14, 2021 08:54 IST
Get Rediff News in your Inbox:

'I am a small time investor and have the following stocks.
I want to understand, whether there is any point holding them or I should come out of them?'

Illustration: Dominic Xavier/Rediff.com

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


Koushik Nag: I am a small time investor and have the following stocks. I want to understand, whether there is any point holding them or I should come out of them?

Though, I am not in need of money currently and can stay invested. I am 50 years old. Working in a private company. With 2 kids pursuing education.

Ajit Mishra:

Script Name Quantity Held Price Action
Adani Green 25 145  Exit
Adani Gas 70 75  Exit
Adani Enterprise 65 145  Hold
Aurobindo Pharma 20 460  Hold
Axis Bank 55 565  Hold
Bandhan Bank 70 340  Hold
Bartronics 100 60  Exit
Bombay Dyeing 200 130  Exit
Bharti Airtel 30 320   Hold
City Union Bank 150 135  Exit
DLF 150 180  Exit
Dabur 60 470  Hold
Enginner India 250 110  Hold
Garden Reach Ship Building 155 125  Exit
GVK Power 900 11  Exit
HAL 30 970  Hold
HUDCO 650 45  Exit
HDFC Standard Life 10 390  Hold
Infosys 30 580  Hold
India Solar 700 7  Exit
Indian Oil 170 110  Hold
Jyothy Laboratories 215 165  Hold
Jayashree Tea 285 75  Exit
Kansai Nerolac 25 450  Hold
Lupin 15 765  Hold
L&T 25 1090  Hold
L&T Finance Holding 250 120  Hold
Mahindra Mahindra 45 535  Hold
NRB Bearing 360 95  Exit
Reliance Industries 25 1435  Hold
Reliance Power 325 40  Exit
Rail Vikas Nigam Ltd 500 17  Exit
Rallis Industries 95 180  Hold
TCS 10 1965  Hold
Titan 25 950  Hold
Tejas Network 185 125  Exit
TVS Motors 60 515  Hold
Tulip Telecom 600 8  Exit
Unitech 1850 8  Exit
Vedanta 245 135  Exit

I look forward to your advice on whether to buy more or hold or sell on the above mentioned stock. Some are long term and some are short term.

Murtuza inamdar: I request you to kindly advise the further action on below shares:

Ajit Mishra:

1) 20 Microns 50 nos @ 30.53 - Exit
2) Aro Granite Ind 250 nos @ 28.26 - Exit
3) Axis Bank 15 nos @ 414.10 - Hold
4) Bajaj Finserv 02 nos @ 6275.14- Hold
5) Bank of Baroda 100 nos @ 42.30- Exit
6) Cg Power & Ind solutions 2900 nos @ 22.56- Exit
7) Caplin Point Lab 15nos @578.66 - Hold
8) Dish Tv India 600 nos @ 13.72 - Exit
9) Eicher Motors 100 nos @ 2138.29- Hold
10) HDFC bank 20 nos @ 1022.94- Hold
11) Happiest Minds 10 nos @ 365.82- Hold
12) HAL 25 nos @ 1011.30- Hold
13) IOCL 250 nos @ 6.95- Hold
14) ICIC BANK 20 nos @ 346.4- Hold 9
15) IDFC First bank 200 nos @ 29.38- Exit
16) Induslnd Bank 20 Nos @525.76 - Hold
17) Infosys 5 nos @ 780.89- Hold
18) Iron Int 50 Nos @ 82. 22- Hold
19) J P Associates 1000 nos @ 4.25- Exit
20) Magma Fincorp 600 nos @ 38.92 - Exit
21) P&G Hygien 5 nos @ 10241.86 - Hold

oscar dsouza: I am in the process of consolidating my overall portfolio and getting rid of some poor investments. These are the stocks that I have in my portfolio that i feel was an error and I should exit. Please let me know if you think the same or suggest that I hold these for the long term?

These were all bought approx in 2016 after which I moved brokers hence do not have the record of what price where they bought at. Regardless of profit or loss, if you feel that these are not good quality stocks to hold for the long term, I will exit these.

Ajit Mishra:

1. Federal Bank 500 shares - Exit
2. Orbit Textiles: 400 shares - Exit
3. Salzer Electonics: 25 shares - Exit
4. PTC India Finance (PFS): 500 shares - Exit
5. Max Finance: 42 shares - Hold
6. Intellect: 20 shares - Hold
6. Grasim: 30 shares - Hold
7. Aditya Birla Capital: 42 shares – Exit

Anonymous: Your advice:

Sr. No. Company Name Face Value (Rs.) Buy Price Quantity
DISHA
1 Yes Bank 2 44 8000
2 Union Bank of India 10 165 1350
3 Castrol 5 201 1000
4 Coral Lab 10 281 1000
5 GAIL 10 138 500
6 Hindustan Petroleum 10 235 2000
7 HPL Electrical and Power 10 64 2000
8 IOC 10 147 3500
9 Manpasand Beveragess 10 20 10,000
10 ONGC 10 100 1000
11 Punjab and Sind 10 25 4000
12 Rail Vikas Limited 10 24 4000
13 Kwality Ltd. 1 10 5000
14 Vardhman Textilw 10 702 300

Ajit Mishra: Exit all except Castrol, GAIL, IOC, ONGC and HPCL

Surendran Nair: I am holding following shares; please help me for future course of action.

Ajit Mishra:

1. SBI 20 shares for Rs.190/- per share - Hold

2. NAM India 25 shares for Rs.300/- each- Hold

3. Coal India 50 shares for Rs.136/- each- Exit

4. JK Lakshmi Cement 25 shares for Rs.287/- each - Hold

5. Star Cement 25 shares for Rs.96/- each - Exit

ranjeev: I am holding the following portfolios, please suggest if I can have of it or buy more to average them. Please advise if I should hold it ,sell it or average it.

Ajit Mishra:

Bharti Airtel 175@ 550 – Hold
Hal 60 @ 1082– Hold
Aarti Drugs 6@3250– Hold
Aarti Surfactant 25@557– Hold
Tata Metallic 100@ 578– Hold

Tahir Khan: I am regular reader of your valuable opinions on rediff. I am a long term investor. I have 75 shares of Indiabulls HOUSING @415. Presently in loss of about 19,000/-. Shall I book loss Sir or wait. I can wait for long also. Pls suggest.

Ajit Mishra: Exit

Further, pls suggest in below also. I can hold all for long term. Pls suggest to sale / hold / accumulate.

Ajit Mishra:

Coal India 120@215 - now at loss of 20,000/- approx. - Exit

ITC 185@240 - now at loss of 13,000/-approx - Hold

ONGC 170@134 - now at loss of 11,000/- approx- Hold

IOC 150@136 - now at loss of 9,000/- approx- Hold

arjun satish: I have the following query: Should I average it or sell at current levels, the following stocks.

Ajit Mishra:

  •  South Indian Bank 455 @ 13.48rs - Exit
  • Arvind Fashions - 13 @ 798rs- Exit
  • Federal Bank - 45 @ 81.8rs- Exit
  • DhanBank - 210 @ 22.39- Exit
  • VGuard - 10 @ 191rs  - Hold
  • Lemon Tree - 200 @ 44.28 rs - Exit
  • Airtel - 5 @ 584 rs - Hold

manish vora: Kindly advice which stock should be hold and which to exit from the details given below:

Ajit Mishra:

3 I INFOTECH LTD. – Exit

AKSH OPTIFIBER LTD. – Exit

BANSWARA SYNTHETICS – Exit

BILCARE - Exit

BIOCON LTD. – Hold

BPL LTD. - - Exit

BRIGADE ENTERPRISES LTD. – Exit

CHAMBAL FERTILIZERS – Hold

ADROIT INFOTECH LTD. - - Exit

CONSOLIDATED FINVEST LTD. – Exit

COSMO FILMS- Exit

DANLAW TECHNOLOGIES LTD. – Exit

DATAMATICS TECHNOLOGIES LTD. – Exit

DISH TV INDIA LTD. – Exit

ECOPLAST LTD. - - Exit

EDELWEISS CAPITAL LTD. - Exit

FGP LTD. - Exit

FLUIDOMAT- Exit

PALRED TECHNOLOGIES LTD. - Exit

CAPITAL FIRST LTD. - Exit

GAIL (INDIA) LTD. - Hold

GENESYS INTERNATIONAL LTD. – Exit

MEYER LTD. – Exit

GODREJ INDUSTRIES- Exit

GUJARAT SIDDHI CEMENT- Exit

HYDERABAD INDUSTRIES – Exit

ICICI BANK LTD.- Hold

INDAG RUBBER LTD. – Exit

INDIAN METAL & FERRO ALLOYS LTD. - - Exit

INDSIL ELECTROSMELTS – Exit

ION EXCHANGE – Hold

JUPITER BIOSYSTEMS LTD - - Exit.

JYOTHY LABORATORIES LTD. Hold

KOPRAN LTD. - Hold

LOK HOUSING & CONSTRUCTION LTD. – Exit

MANALI PETRO- Exit

MANGLAM CEMENT- Exit

MERCATOR LINES LTD. – Exit

MONOZYME INDIA LTD. – Exit

MOSCHIP SEMICONDUCTORS LTD. - Exit

MOSER BAER- Exit

MRPL- Exit

NATIONAL THERMAL POWER CORPORATION- Exit

NELCO LIMITED- Exit

NLC INDIA- Exit

NHPC LTD. - Exit

NICCO CORPORATION LTD. - Exit

NIKHIL ADHESIVES LTD. - Exit

NIRLON LTD. - Exit

OIL INDIA LTD. Hold

PARSVANATH DEVELOPERS LTD. - Exit

PETRONET LNG GAS LTD.- Hold

PRICOL INDUSTRIES LTD. – Exit

RAJ RAYON LTD. - Exit

RELIANCE INDUSTRIES LTD. – Hold

RELIANCE POWER LTD. - Exit

RURAL ELECTRIFICATION CORPORATION LTD.- Hold

SANGAM INDIA LTD. – Exit

SHREE RAJASTHAN SYNTEX- Exit

STATE BANK OF INDIA- Hold

SUJANA UNIVERSAL LTD. – Exit

SUNIL HITECH LTD. – Exit

SYNDICATE BANK- Exit

SYSCHEM (INDIA) LTD- Exit.

TATA CONSULTANCY SERVICES- Hold

TATA STEEL LTD.- Hold

TRANSCHEM LTD. – Exit

TUTICORIN ALKALIES & CHEMICAL - Exit

UCO BANK – Exit

SITI CABLE NETWORK LTD. – Exit

ZEE ENTERTAINMENT ENTER LTD - Exit.

ZEE NEWS LTD. - Exit

POWERGRID CORPORATION – Hold

MOIL LTD. – Hold

THE SHIPPING CORPORATION Exit

PUNJAB & SIND BANK LTD. – Exit

SUZLON ENERGY LTD. – Exit

COCHIN SHIPYARD LTD. – Exit

DIXON TECHNOLOGIES (INDIA) LTD.- Hold

ICICI LOMBARD GENERAL INSURANCE – Hold

SBI LIFE INSURANCE CO. LTD. – Hold

INDIAN ENERGY EXCHANGE LTD. - Hold

MENON PISTONS LTD. - Exit

WEST COAST PAPER MILLS LTD. – Hold

gokul patil: I have following stocks in my portfolio, please let me advice whether I have to exit,hold or accumulate, further i want to invest Rs 2L for further 2 or 3 years.

Dewan housing 115@120, icici bank25@417, Infosys 50@609, l&t15@978, l&t finance100@67, RIL20@217, Tata motors150@194, Tata steel25@377, Titan10@1163, Yes Bank230@80

Ajit Mishra: Hold ICICI Bank, Infosys, L&T, L&T Finance, RIL, Tata Steel and Titan for long term.

Raju Shanmugam: I hold the following stocks. Should I hold them or sell.

Ajit Mishra:

ADANI POWER@39.47 – Hold

DAAWAT@60.05 – Exit

ITC@195 – Hold

JPPOWER@3.03 – Exit

SUNTECK276.82 – Exit

YES BANK@16.6 – Exit

Raj Sinha: Below are my share details. Few stocks have become worthless :(. Please help. I am ok to wait for a few years for some shares.

Ajit Mishra:

Stock Quantity Inv. Price
Aban Offshore - Exit 5 810
Adani Ports - Hold 100 324.4
DLF - NSE - Exit 85 626
Emami Realty (Got in exchange of Zandhu Reality)- Exit 14 617
HDIL- Exit   64 430
IFCI - Exit 200 51.75
Indiabulls Hsg- Exit 15 500
Interglobe Avi- Exit 15 765
JSW Steel- Hold 50 68.38
Maruti Suzuki - Exit 1 6970
Mavens Biotech - Exit 50 29.2
Morepen Lab- Hold 500 24.64
Parsvnath- Exit 80 125
Pentamedia - - Exit 400 5.5
Rel Capital- Exit 10 1132
Reliance Comm - Exit 20 216
Reliance Home F(got due to merger) - Exit 10 261
Reliance Power- Exit 104 295
SBI - Hold 100 204
STL Global - Exit 250 21
SpiceJet - Exit 25 23.85
Yes Bank - Exit If not under lockin 100 68.95

Gaurav Agarwal: I hold the following stocks:

Ajit Mishra:

CENTURY TEXTILES & INDUSTRIES 100 338.12 - Exit
CG POWER AND IND SOLUTIONS LTD 2000 23.91 - Exit
VODAFONE IDEA LIMITED 1000 10.45 - Exit
LARSEN AND TOUBRO LIMITED 50 961.57 - Hold
STATE BANK OF INDIA 200 192.37 - Hold
YES BANK LIMITED 1000 15.89 – Exit if not under lock in

Please advise which to hold looking at 2-3 year horizon

S Balepur: I have the following shares of BIG BAZAR group and would like to know what happens to them after his deal with Reliance? Prices of all have collapsed. I am a long term investor. What should be done Hold / Sell? Please advice.

Ajit Mishra:

1) Future consumer - 700 Shares - Exit

2) Future Enterprises 250 Shares- Exit

3) Future retail 70 Shares- Exit

ankit jasani: I want to purchase below shares. Please suggest & Guide me.

Ajit Mishra:

1) Coal India - - Exit

2) REC India - Hold

3) PFC India- Exit

4) NLC India- Exit

5) PTC India- Exit

6) Oil India- Hold

7) BANCO Product - Hold

8) Manasakia - Exit

9) SJVN - Exit

10) Gravita - Exit


Please mail your questions to getahead@rediff.co.in with the subject line 'Ask Ajit', along with your name, and 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.

Get Rediff News in your Inbox:
AJIT MISHRA