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

'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