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Home  » Business » 'Stick with frontline stocks'

'Stick with frontline stocks'

July 04, 2006 14:38 IST
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PRANAV SANGHAVI says, Hello everyone, lets begin the chat.

vkkhoda asked, What is yr opinion about:HOCL,Aegis,Int. combustion,clutch auto,indraprastha Gas,surya roshni.Thanks
PRANAV SANGHAVI answers, All of them are good midcap stocks.
JH asked, is mr pranav here?
PRANAV SANGHAVI answers, Yes I am here.
zion asked, hi, when experts talk about long term investemnt in stocks,i need to clarify this doubt. Suppose i hold to some stocks for 4-5 years and when i decide to sell them, if the market has gone down dramatically down, what is the whole purpose of holding on to them for these yeasr? how can i avoid this?
PRANAV SANGHAVI answers, Well, in the four to five years that you have held on the markets will surely be at a higher level than what you had purchased at even after a great fall at that time. Say for example, If you had bought in 2002-2003 when the Index was around 3000, and you decided to sell in 2006 the index at its lows of 8,000 levels is more than double than that of the 2002-03 levels.
abhijit asked, I have 1000 allahabad bank shares @ 70. what is your opinion on that?
PRANAV SANGHAVI answers, Allahabad Bank is a good midcap bank. I would recommend to hold on.
TUSHAR asked, Mr. pranav, please give your opinion about TCS, ITC and RPL.
PRANAV SANGHAVI answers, I have spoken at length about these stocks in my previous chats. I would recommend a hold on all these stocks. Please refer to my earlier chats for detailed replies.
reddy asked, Nag Const what are prospects
PRANAV SANGHAVI answers, All infrastructure and construction companies should do well. If you stick with the frontline stocks your portfolio will perform better.
JH asked, Hi pranav..What do you suggest..Is it better to trade online or is it better to trade through brokerage firm. who charges less & what other factors are involved
PRANAV SANGHAVI answers, Normally, as a thumb rule the online trade costs less.
ii asked, Hi, is DSP merril Lynch a good option for SIP?
PRANAV SANGHAVI answers, Yes DSP Merrill Lynch has a good SIP on offer.
JH asked, can u please say what exactly is short term, medium term and long term
PRANAV SANGHAVI answers, I cannot define short term for a particular investor. For me short term is less than a month. For some it could be one day. For me medium term would be six to nine months and one to two years would define long term.
Litaka asked, what is the future of Litaka Pharma Shares?
PRANAV SANGHAVI answers, I am sorry I do not follow that stock so will not be able to help you.
pramod asked, How is Assam Co. at this level and Tata coffe
PRANAV SANGHAVI answers, Assam and Tata Coffee are good long term holds. Tata Coffee especially. It was in the news they were planning on an overseas acquisition.
Tarun asked, Hi Pranav, what do you suggest for Rama Newsprint ?
PRANAV SANGHAVI answers, Its at par so you could look at it if you want a play in the newsprint industry. But I would look at Ballarpur which has diversified paper products.
saju asked, Iam holding Infosys,TCS,L&T. all are in profit. Should i sell it or hold it
PRANAV SANGHAVI answers, Please hold. You have made some good investments. Last month or so very few have told me they are in profits.
gopal asked, Pranav, what is your opinion on india infoline. can we buy or hold or sell
PRANAV SANGHAVI answers, India Infoline has emerged as a strong player in the financial services sector. You could hold.
bigbull asked, when infosys gives bonus of 1:1 will its stock price become half?
PRANAV SANGHAVI answers, Not necessarily. On a longer term it would return back to its current price. Like in 2003 they gave a 3:1 bonus. The rate at that time was 4,500. Today it is 3,000. Post bonus in 2003 it did go to 1200 or 1500 if am not mistaken. But hold on.
Tarun asked, Your rating for Relinace Industries & Reliance Petroleum ?
PRANAV SANGHAVI answers, According to me, RIL is a hold/buy, RPL could be looked at with a very long term outlook with all news regarding the company remaining constant.
Nitin asked, Hi Pranav, can explain why this sudden drop in volumes is seen in the markets
PRANAV SANGHAVI answers, I think the investor confindence is shaken and also because there is no clear direction that the markets have taken. Its extremely choppy. Even the FII's figures, albiet being positive are miniscule.
sailesh asked, Hi Pranav...I have 2000 shares of LG Brothers which is curently trading @ Rs 25. What would be the long term prespective on this one....should i hold?
PRANAV SANGHAVI answers, I am sorry I don't follow this stock.
chau asked, Your opinion on India Glycol please
PRANAV SANGHAVI answers, I think its a hold.
Prashant asked, Hi Mr. Pranav I am Prashant here. Can i chat with you?
PRANAV SANGHAVI answers, Yes Prashant, go ahead ask your queries.
JH asked, I want to earn about 15 k per month from stock market. How much amount do i actually need to invest
PRANAV SANGHAVI answers, Only if you are active trader and spend a good part of your day in trading should you get into day trading. But to earn a fixed amount per month you could trade in the Index stocks either in the Futures or Equity Segments. You would need atleast 20 times that amount.
Raj Radhew asked, Hi Pranav! I m fresher in stock markets, If possible for u, can u please suggest me sum good stocks for long term!!!!!!!!!! Regards, Raj Radhewa
PRANAV SANGHAVI answers, Please read my previous chat transcripts. I have given details on which stocks could be bought. They have yeilded nearly 10% since then.
Rani asked, Hi! Will torrential rains affect the market in any way?
PRANAV SANGHAVI answers, If lesser people reach office it could result in low volumes but not otherwise. As now trading is a national activity and not restricted to Mumbai.
Kaushik asked, hi sir good afternoon
PRANAV SANGHAVI answers, Good afternoon Kaushik. How are you faring in the recent market movements.
SSS asked, HOW IS CENTURY TEXTILE ? CAN I BUY AT 375 LEVEL?
PRANAV SANGHAVI answers, Yes Century could be bought at those levels for long term.
nilesh asked, can i enter infosys now
PRANAV SANGHAVI answers, Yes to get bonus and with a long term outlook.
renu asked, what abount rpl
PRANAV SANGHAVI answers, I have given details in my previous chat transcripts. The commercial production of the company is scheduled to start in 2010.
vkkhoda asked, Sir,If one has to choose between Tata elxsi and nucleus software ,which one would you recoomend?
PRANAV SANGHAVI answers, I would recommend invest in both.
gopal asked, Pranav, what is your opinion on india infoline. can we buy or hold or sell
PRANAV SANGHAVI answers, I just gave a reply on that stock some time back in this chat.
ArunCk asked, Hi, your view on Tata Metaliks @ 180, TRENT @ 750, REI Agro @ 120
PRANAV SANGHAVI answers, I don't know about REI Agro, but hold on to the former two.
Prashant asked, How do you see short term prospects for Bonus Stocks - Infosys, TCS, Stayam & L&T. Is there any point enetering them for short term gains at this level
PRANAV SANGHAVI answers, They have already started appreciating since the lows at the announcement levels. But they are all good long term buys so they could be looked at for getting the bonus shares and staying invested.
invetor asked, I hold 175 nos of GAIL at 275. Is it worth holding long term ? Should I invest more in this stock in declines?
PRANAV SANGHAVI answers, GAIL looks attractive below 220 levels buy on declines. But the Oil Subsidy burden could dampen its performance marginally.
invetor asked, Can I enter State bank and Infy at current levels ? What are long term prospects ?
PRANAV SANGHAVI answers, Yes you could. SBI is trading between a 6-8 PE. And Infy is cum bonus. Long term prospects for both look good.
Kaushik asked, sir how was the Neyveli Lignt i am buy at 66
PRANAV SANGHAVI answers, With the announcement
of the divestment plans teh worker may go on strike. Barring that the company is a good long term buy.
shah asked, hi ur view of tata motors. i bot at 750. can i hold or sell
PRANAV SANGHAVI answers, Hold.
invetor asked, What are the long term prospects of GE Shipping ? I hold 100 at 256 .
PRANAV SANGHAVI answers, I would recommed you see the June end results and compare it with the last four quarter results. And then take a call.
TUSHAR asked, What is your opinion on Gujarat State Petronet Limited [GSPL]
PRANAV SANGHAVI answers, You could hold on.
sudhish asked, with Boj going to increase interest rate and ECB may hike and the Fed may raise another hike.With this around,is it good to invest.can it be better to wait for a month or so and invest.
PRANAV SANGHAVI answers, I have always said and still say use the dips to invest. And that too in parts not all at one shot.
sailesh asked, Mr.Pranav...plese let me know in your openion if LG Balakrishnan & Bros is a fundamentally sound company?
PRANAV SANGHAVI answers, Maybe I could reply in my next chat, as I don't follow this stock.
gantosai asked, sir i have 1 lakh with me now..which is the correct time to enter..will the sensex again test below 10000
PRANAV SANGHAVI answers, NO one can predict the correct time to enter but the 9000 levels frontline and some strong midcaps were at attractive valuations.
Dinyar asked, Pranav do you think that the Share Market has stabilised and its a good time to invest in Nifty Futures?
PRANAV SANGHAVI answers, I think some more choppiness is still left out. Although it looks like the markets have stabilised one should be cautious before plunging in.
Kaushik asked, sir i buy NeyveliLignt @ of 66 what is future propects
PRANAV SANGHAVI answers, I think I already answered that query.
soni asked, how is crest comm. looks like
PRANAV SANGHAVI answers, Its one of the biggest sound studios and animation companies. UTV being another. If they bag good orders they could perform well. But I don't actively follow the stock.
gantosai asked, wht is the future if hindustan const,ivrcl,itc,dabur,cipla,thermax,bharath forge,bata as i hold these
PRANAV SANGHAVI answers, They are good stocks to invest in. Hold on. Most have some story going on.
manish asked, hi i bought siemens @ 5000 before its split. shall i stay invested .i have time horizon of one year.
PRANAV SANGHAVI answers, Yes you should.
yogeshbhai asked, How is the Cipla Stock?
PRANAV SANGHAVI answers, Its a good hold.
shishpal asked, what is your opinion about nfty july.Buy Or Sell this Label
PRANAV SANGHAVI answers, It depends on your outlook of the market.
rahul asked, i wish to invest 20 lakhs in a mutual fund . my time frame is 15- 20 years . which mutual fund would be a good bet since i want to select one and then forget about it . or can i choose one company and buy shares and then forget about it since i am not mentally tuned to monitor it .
PRANAV SANGHAVI answers, I had answered a similar query in a previous chat. Please refer. But a mix of Balanced, Growth, Diversified and Bond Funds should perform well. But various other factors need to be considered like your age, the object of investment etc.
bharat asked, mr. pranav sanghavi, wanted to know your advice i have brought godrej at Rs.550, and gail at Rs.300 , videocon at Rs.525 , please advice if we can hold these shares or come out of it.
PRANAV SANGHAVI answers, Yes you could hold on to these.
vishwa asked, I am planning to buy 100 IPCL shares? what would be your suggestion on this?
PRANAV SANGHAVI answers, Buy it.
gantosai asked, i have gitanjali @180 and bata @ 206..wht is the future of this..can i hold for 1 year
PRANAV SANGHAVI answers, Bata looks to have a good future.
abhijit asked, sir,can i buy arvind mills at current level?
PRANAV SANGHAVI answers, You could.
JH asked, so you suggest your clients to do online trading rather than through your firm?
PRANAV SANGHAVI answers, Trading through a broker has its plus points also. Otherwise all brokers would have to shut shop. The biggest being the personal interaction amongst others.
Sid asked, Hi pranav,I am new to the stock market..Do u mind telling me,wat is the rite time I shd start investing and wat r the type of stocks I shd go for first?
PRANAV SANGHAVI answers, I have answered that in my previous chats. Please refer to the same.
Vishak asked, Mr.Sanghavi what do you think are the prospects of ACC
PRANAV SANGHAVI answers, Please hold.
Devang asked, HI can you tell me the current situation with the Hindalco stock and how it will do today??
PRANAV SANGHAVI answers, I dont look at stocks with the intention to find out its daily stocks. But it will perform well over a longer term. I would recommend you study its Balance Sheet.
gantosai asked, wht is the future of bilt and areva td..
PRANAV SANGHAVI answers, Both should do well. BILT is one of the largest paper players in the organised sector in India.
SSS asked, HOW IS RIIL? HOW MUCH APRICIATION I CAN EXPECT FROM HERE ?
PRANAV SANGHAVI answers, With the recent announcement of its Retail and SEZ plans you could surely hold on. You could see a 20% to 30% gain from current levels on a longer term.
Saradhi asked, wt do you think about Reliance with it's retail business to start? where do you see this stock aheading in the next 3 to 6 months time?
PRANAV SANGHAVI answers, I just replied to that query.
Kaushik asked, i hold 50 vsnl @395 how much long i hold ?
PRANAV SANGHAVI answers, It depends on you what your investment time horizon is? If you mean to get into profits then its already in profit from your rate.
amit asked, sir i had bought 20 share of kalpaturu power transmission @ 450/- per share. i had also earned good return from it. wht is your reccomodation
PRANAV SANGHAVI answers, Book profits if you have alternate investments on hand.
investor asked, Recently silverline tech has mentioned about restructuring. is it good to buy with long term prespective.
PRANAV SANGHAVI answers, I would rather stick with frontline stocks than the small cap stocks which have performed disastorously in the past.
JH asked, suggest some good stocks with high dividend yield
PRANAV SANGHAVI answers, TCS has announced 450% dividend amongst others.
NS asked, Is it advisable to invest in Construction sector like Ansal Properties or Unitech at this time ?
PRANAV SANGHAVI answers, I am bullish on the infrastructure stocks.
anuj_goyal81 asked, Sir, Currently ICICI is at its low price, what is its chances for getting back up
PRANAV SANGHAVI answers, It will move up eventually.
KKJ asked, mr. pranav sanghavi, wanted to know your advice i have brought ansal housing, ansal propertiesa at high level , please advice if we can hold these shares or come out of it.
PRANAV SANGHAVI answers, Ansal I dont' follow sorry.
gantosai asked, wht is the future of tnpl and ntpc..shall i hold for long term
PRANAV SANGHAVI answers, NTPC is a good hold for long term.
gopal asked, Pranav, what is your opinion on india infoline. can we buy or hold or sell
PRANAV SANGHAVI answers, I think I already answered that query in this chat.
rajjain asked, Hi pranav what do u think of LKP securities and what abt banking stocks
PRANAV SANGHAVI answers, LKP has just got into a MOU to merge its FOREX business with that of Thomas Cooks FOREX Business. The stock should do well. Some of the frontline stocks are hit badly in the recent downturn. They could be bought.
PRANAV SANGHAVI says, It's that time of the week. And I have to say bye. Thank you once again for turning up despite the heavy rains. Hope to see you guys next week. Happy investing. Bye.

Chat with Pranav every Tuesday
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