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ASK AJIT: 'Can I do SIP in these stocks?

By AJIT MISHRA
November 30, 2021 08:42 IST
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'How can I ensure the purchased stocks are safe?'

Illustration: Uttam Ghosh/Rediff.com
 

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


Ashish Wagh: Please suggest hold and exit for the following stocks.

Ajit Mishra:

Company No of shares Average cost Recommendation
3i-INFOTECH 552 Rs 9.02  Exit
ADANIPOWER-BE 750 Rs 114.63  Exit
ASHOKLEY 201 Rs 130.53  Hold
DISHTV 300 Rs 14.9  Exit
ENGINERSIN 600 Rs 78.27  Hold
FCSSOFT-BE 501 Rs 2.3  Exit 
GOLDBEES 201 Rs 41.52  Hold
GTLINFRA-BE 426 Rs 3.14  Exit
HFCL-BE 825 Rs 73.65  Exit
IDFCFIRSTB 420 Rs 53.46  Exit
INFIBEAM 690 Rs 49.42  Exit
IOB 195 Rs 24.17  Exit
JPPOWER 300 Rs 5.93  Exit
MANALIPETC 156 Rs 97.5  Exit
MIDHANI 300 Rs 192.69  Exit
NETFIT 300 Rs 28.9  Exit
PRICOLLTD 480 Rs 93.41  Exit
SUZLON 300 Rs 7.7  Exit
TRIDENT 525 Rs 16.44  Exit
TTML 141 Rs 37.05  Exit
URJAGLOBA 300 Rs 7.7  Exit

 

Jagan Sam I am new to the stock market. I have bought these shares. Please let me know if I need to exit or hold on to them.

I am looking at a horizon of 1+ year.

Ajit Mishra:

Company No of shares Price Recommendation
A B Capital 50 Rs 116.80 Prefer ICICI Sec
Edelweiss 75 Rs 91.35 Hold
SAIL 50 Rs 138.21 Prefer Tata Steel
Tata Power 40 Rs 131.30 Hold

 

 

Giri Shankar: I am holding the below shares; kindly confirm whether to hold this.

Ajit Mishra:

Company No of shares Price Recommendation
HPCL 4,985 Rs 304.8 Hold
BPCL 567 Rs 270 Hold
Cheviot Company 557 Rs 1,848 Exit
Chemcon Speciality 300 Rs 617 Hold
NMDC 791 Rs 156.4 Hold
Zomato 2,500 Rs 145.85 Hold
Karnataka Bank 1,000 Rs 62.8 Prefer SBI

 

Melwin Dethe: I plan to start SIP in the below stocks. Kindly let me know if I need to drop any of the below stocks:

Also if the stocks are with CDSL, is it safe or do we need to have the stocks with NSDL?

Are both the depositories CDSL and NSDL equally safe?

How can I ensure the purchased stocks are safe?

Please advise.

Large-cap stocks:

  • Oracle Financial Software Services
  • L&T
  • HDFC AMC
  • SBI Card
  • Pidilite
  • Asian Paints
  • TCS
  • Tata Steel
  • Hindustan Lever
  • Sun Pharma
  • ICICI Bank
  • Kotak Mahindra Bank
  • Britannia
  • Nestle

Mid-cap/Small-cap stocks:

  • Polycab
  • Dixon
  • Tata Elxsi
  • Finolex Inds
  • IRCTC
  • Relaxo
  • MTARTECH
  • Deepak Nitirite
  • Lux Inds
  • JK Cement

Ajit Mishra: All are good stocks.

Yes, both CDSL and NSDL are equally safe.

 

Rajesh: I am holding the following stocks. What are your recommendations?

Ajit Mishra:

Company Price Recommendation
BSE Rs 1,145 Hold
IDEA Rs 6.4 Exit

 

Kailash: I have First Source Solution shares @ Rs 191.1 and DLF @ Rs 353.3 cost.

What should I do? Please suggest.

Ajit Mishra: Hold both.

 

Rakesh Rohal: I am looking for your advice with stocks which I can hold for mid- and long-term purpose.

I want to build a portfolio with stocks which I can have for my retirement benefit.

At the same time, I am cognizant that there can't be one fit answer and need to monitor the market continuously to keep those stocks relevant.

Thanking you in advance.

Ajit Mishra: Focus on creating a portfolio with combination of large and mid-caps and allocate based on your risk appetite.

For large-caps, you can choose from Reliance Industries, Bharti Airtel, HUL, Britannia Industries, TCS, Infosys, Wipro, Maruti, M&M, HDFC Bank, ICICI Bank and Kotak Bank.

For mid-caps, you can choose from Polycab India, Crompton Greaves Consumer, Havells and Marico.

 

Ramanand Pednekar: Shall I hold or exit from this stocks?

Ajit Mishra:

Company Price Recommendation
Inventure Rs 3.92 Exit
National Aluminium Rs 77.80 Highly cyclical

 

K Ramanan: I invested around Rs 30 lakhs probably in the rising trend in the market and caught in the meltdown of small-/mid-caps during recent weeks.

I have the following positions.

All are significantly down and unrealised loss is huge.

I can wait if there is turnaround, otherwise exit and use the proceeds to invest a bit later.

Please advise.

Ajit Mishra:

Company No of shares Price Recommendation
Coal India 2,000 Rs 151.20 Exit
Dalmia Bharat Sugar 1,000 Rs 460.72 Hold
Gabriel India 500 Rs 150.7 Exit on rise
HDFC 150 Rs 2,743 Hold
India Cements 2,000 Rs 200 Hold
Jindal Steel & Power 1,000 Rs 401.7 Hold
JK Tyre 750 Rs 152.3 Hold
KEC International 2,100 Rs 440.75 Hold
L&T Finance 2,500 Rs 95.5 Hold
Sun Flag Iron & Steel 3,000 Rs 92.87 Exit
Tata Power 300 Rs 131.40 Hold

 

Rohan Shet: I hold the following stocks, please advise:

Ajit Mishra:

Company No of shares Recommendation
KPIT Technologies Ltd 2,500 Hold
Birlasoft 2,500 Hold
L&T 100 Hold
Tech Mahindra 45 Hold
TCS 17 Hold
Indian Energy Exchange 100 Hold

 


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.

Feature Presentation: Ashish Narsale/ Rediff.com

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