ASK AJIT: 'Which shares to buy short term and long term?'

Illustration: Uttam Ghosh/Rediff.com

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

Bhupendra Shah: I'm holding following shares and need your advise whether to hold or quit.

Ajit Mishra:

Stock Name	View
Apcotex industries	Exit
Axis bank	Hold
Idfc first bank	Exit
Tide water	Hold
Hdfc bank	Hold
Bpcl	Exit
Maskarns pharma	Exit
Finolex industries	Hold
Edelwise fin services	Exit
Granules india	Hold
Bank of baroda	Exit
Tata motors	Hold
Tata power	Hold
L AndT fin.services	Hold
Indus tower	Hold
Debur india	Hold
Muthoot fin	Hold
Hcl techno	Hold
Infosys	Hold
Tata investment corpn	Hold
Power fin	Exit
Castro india	Exit
Sjvn ltd	Exit
Redington india	Hold
Cadilla health	Hold
Diamines and chemicals	Exit
Chembond chemicals	Exit
Zee entertainment	Hold
L and T	Hold
Vedanta ltd	Hold
Sagardeep alloys	Exit
Sterlite power	Exit
Gufic bioscience	Exit
Orient papers	Exit
Birlasoft ltd.	Hold

Vandana Ghule: Can you tell me which shares to buy short term as well as long term?

I am new to this. And what is your thought about cryptocurrencies?

Ajit Mishra: For short-term, one can look for Tata Power, Axis Bank, Ashokley and Bhartiartl.

For long term, you can invest in stocks such as Kajaria Ceramics, Berger paints, Metropolis, M&M, Ashok Leyland, Britannia, V-guard, Polycab, Biocon and Birlasoft.

We do not track crypto-currencies so can't comment.

Anil Kumar: Please advise on my portfolio.

Ajit Mishra:

Stock Name	Sector Name	Quantity	Average Cost Price	Value At Cost	CMP	View
ALOK INDUSTRIES LIMITED	TEXTILES	500	30.11	15056	23	Exit
BURGER KING INDIA LIMITED	QUICK SERVICE RESTAURANT	50	214.51	10725.45	159.95	Hold
DELTA CORP LIMITED	ENTERTAINMENT	260	155.44	40415.44	234.9	Hold
IDFC FIRST BANK LIMITED	BANKS	450	33.63	15132.85	48.15	Hold
KINGFISHER AIRLINES LIMITED	AIR TRANSPORT SERVICE	500	14.6	7299	1.36	Exit
LEMON TREE HOTELS LTD	HOTELS & RESTAURANTS	200	44.31	8862.4	42.35	Hold
MOREPAN LABORATORIES LTD.	PHARMACEUTICALS	200	60.93	12185.8	57.9	Hold
RASHTRIYA CHEM FERT LTD.	FERTILIZERS	150	78.55	11782.95	74.25	Exit
TATA POWER CO LTD	POWER GENERATION & DISTRIBUTION	100	108.77	10876.6	142.5	Hold
TRIDENT LIMITED	TEXTILES	200	6.86	1371	24.55	Hold
VODAFONE IDEA LIMITED	TELECOMM-SERVICE	500	9.12	4560	10.5	Hold
YES BANK LIMITED	BANKS	850	17.66	15007	13.05	Hold

Anil Bhalla: Kindly advise on the following stocks:

Ajit Mishra:

Stock Name	View
APL Apollo	Hold
RVNL	Exit
Adani Power	Exit
Indraprastha Gas	Hold
ESCORTS	Hold
Johnson Controls	Hold
TATA Steel BSL	Hold
CESC	Exit
Tata Consr.	Hold
IRB Infra	Exit
Aditya Birla Money	Hold
Mazagon Dock	Hold

Rocky Sharma: Please advice about below shares, should I hold or exit.

Aarti Drugs
Cadila Health
Lupin

Ajit Mishra: Hold all the stocks for long term.

Gopalkrishna Pillai: I have the following stocks in my portfolio of 50+ companies and am confused whether I should hold these for the long term or look at alternative options.

Would appreciate your reply at your earliest convenience.

Ajit Mishra:

Company	Quantity	View
Arti Drugs	500	Hold
Vodafone	3000	Hold
Chemcon Speciality Chemicals	100	Hold
Coal India	500	Exit
Heidelburg Cement	100	Hold
Sirca Paints	100	Hold
SJVN	1000	Exit
Associated Alcohol	300	Exit
IDFC First Bank	2000	Exit
Glenmark Pharma	50	Hold
Alembic Pharma	200	Hold
Granules	300	Hold
South Indian Bank	15000	Exit
Ashok Leyland	500	Hold
V Guard industries	500	Hold
Federal Bank	300	Exit

Shreesh Onkar: Can you please clarify my below queries?

Thanks a lot in advance.

Is it a good option to buy Yes Bank currently (at Rs 13 per share) as a long-term investment?

Will it increase in the future?

Ajit Mishra: We would recommend you prefer major private banking names like ICICI, Kotak and HDFC Bank instead of Yes Bank for fresh investment.

What do you suggest on the upcoming allotment of QuadPro IPO?

Is it a good option to buy this stock, if not allotted (at Rs. 20 per share)?

Will this be a good long-term prospect?

Ajit Mishra: It's a SME IPO. We don't track SME space so can't comment.

Umashankar: I bought 2,000 shares of Unitech Ltd at Rs. 9.45 per share a long ago.

Should I wait for it to reach that level to sell or should I sell it now?

Ajit Mishra: Exit the stock

Sandeep Aich: Kindly review and advise me on my portfolio.

All the shares are purchased with a horizon of 2 Years from now.

Ajit Mishra:

Stock Name	Average Price	Quantity	Total Invested	View
Deepak Nitrite Ltd.	1647.2	5	8236	Hold
Endurance Technologies	1310.13	8	10481.04	Hold
HCL Technologies Ltd	953.83	6	5722.98	Hold
Hindustan Unilever Ltd	2329.33	3	6987.99	Hold
IDFC First Bank Ltd	53.62	42	2252.04	Exit
Yes Bank Limited	14.5	253	3668.5	Hold
Motherson Sumi Systems	211.01	30	6330.3	Hold
Indian Railway Ctrng nd Trsm Corp Ltd	1731.11	9	15579.99	Hold
Computer Age Management Services Ltd	2780.5	4	11122	Hold
Indian Energy Exchange Ltd	368.38	4	1473.52	Hold
Indian Railway Finance Corp Ltd	21.96	161	3535.56	Exit
IndiaMART InterMESH Ltd	6685	1	6685	Hold
Prince Pipes and Fittings Ltd	707.03	14	9898.42	Hold
IOL Chemicals and Pharmaceuticals Ltd.	690	2	1380	Hold
Relaxo Footwears Ltd	1106	3	3318	Hold
SBICARD	975	3	2925	Hold
POLYCAB	1978.9	2	3957.8	Hold
Hindustan Media Ventures Ltd	88.37	13	1148.81	Exit
Dabur India Ltd.	596.55	2	1193.1	Hold
Varun Beverages Ltd	765.6	2	1531.2	Hold
Asian Paint	3003	2	6006	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