Stock market expert Madhusudan N Sarda answered many such queries during an hour-long chat on rediff.com on June 27. Sarda is Director and Head-Research and Equity Trading, Mehta Equities Ltd.
Madhusudan N Sarda says, Good Afternoon. This is Mr. Madhusudan Sarda, Director, Mehta Equities Limited
santosh asked, what sectors will do wellrecomm few scrips for long term investment
Madhusudan N Sarda answers, at 2007-06-27 15:45:36Power, Telecom, Capital Goods, Pharma, Mid- Cap IT and select Banking stocks are expected to do well. Top Picks would be PFC, Rcomm, BHEL, L&T, Nagarjuna Construction, JP Associates, UTI Bank, Kotak, UBI, Tech Mahindra.
santosh asked, what is outlook fo market short term as well as long term
Madhusudan N Sarda answers, Markets are expected to be Volatile before any major corrections. Sustained marginal downfall each day would save the markets from a correction though. Long Term Outlook considering the competitiveness and growth of the Economy, Industry and Common Man remains hugely positive.
mano asked, I hold RNRL at 30.40 what is the future prospects of this company
Madhusudan N Sarda answers, As long as RNRL is above 31 it remains in a good stance. However there would be huge selling pressure on each upswing in the price. The Company looks good in terms of Medium and Long Term.
sharad asked, good evening, sir can you say anything about spice telecom. is it a short time or long time investment
Madhusudan N Sarda answers, Spice telecom looks to be very slow growth and slow momentum company when compared to its peers. However it has a very low EV to Subscriber which can be turned around. Only thing that can add SPICE to SPICE TELECOM is an Acquistion by larger player due to consolidation within the Telecom Industry.
ganesh asked, hello sir, is Meghmani Organic IPO and Vishal Retail a good buy on listing date
Madhusudan N Sarda answers, Vishal Retail will be very expensive on listing. Meghmani Organics can be bought for the first day and sold off in a 2 to 5 days of the listing.
dheeraj asked, good afternoon sai, can i buy sbi
Madhusudan N Sarda answers, SBI and ICICI Bank are the two Large Banks which will give decent return for a Long Term perspective.
Pankaj asked, How long does it take for an IPO to list on the stock exchange?
Madhusudan N Sarda answers, 3 to 4 weeks
ganesh asked, when is a good time for investing in IT stocks
Madhusudan N Sarda answers, You can never TIME the Market !!! Instead go for selective good companies within the IT Space depending upon the future Business and Market prospects.
sss asked, i am having 1000 shares of nagarjuna fertilizers at 24.60. today price is 19.60. shall i hold or sell this stock? i can hold it for 2 more months?
Madhusudan N Sarda answers, Nagarjuna Fertilizers primarily depends on the monsoon. This year as monsoon is expected to be good, demand for fertilizers might be robust which may be seen in the revenue and eventually the stock price of the company.
Tanveer asked, Sir i have India cem 50 @232 what do u suggest should i keep it
Madhusudan N Sarda answers, India Cements is planning to expand its geographic reach to even Northern Markets. Coupled with this the excessive Production capacity might yield enlargement of Topline and better realisations as well.
Rahul asked, which IT companies looks good for decent returns.....
Madhusudan N Sarda answers, Tech Mahindra and 3i Infotech.
bindu asked, I applied for DLF shares @ 550. What woule you suggest. Hold/Sell?
Madhusudan N Sarda answers, HOLD/ SELL ?? How would you do that before listing. Wait for the Allotment and Listing.
chanakya asked, Sardaji, it is generally believed that the clout of the FIIs manipulate the market movements. How far this is true ?
Madhusudan N Sarda answers, Considerably true as not only they effect with huge Money In or Out but they also effect the domestic market sentiments with them.
Ajo asked, Whts your view on IT Stocks for medium term?
Madhusudan N Sarda answers, Good. But not as significant as in the past. Wont be the Top sector for the Medium term.
sharad asked, Hello sir any future ipo's we should look out for
Madhusudan N Sarda answers, HDIL and Everron Systems are worth subscribing at a Cut Off.
asjjain asked, Marksans pharma is gud for long term after a year it may toucj 250/[
Madhusudan N Sarda answers, Good. All the Best.
ANIRBAN asked, I HAVE 1000 SHARE OF ARVIND MILLS @ 51 buy or sell or hold?
Madhusudan N Sarda answers, The Stock has already bottomed out. Further fall from here is not expected. Kindly wait for the price to reach at your Purchase level.
HSP asked, Hi Madhusudhan, The present stock market growth is volatile or we can believe it?
Madhusudan N Sarda answers, Markets Volatile. India Growth Story - BELIEVE IT.
ankit asked, HOW IS FUTURE OF RPL?
Madhusudan N Sarda answers, We continue to believe that RPL is the best play on expected continued robustness in refining margins. RPL's under-construction refinery would have high complexity and a superior product slate, which would enable it to produce higher margins on lighter and medium distillates conforming to evolving stringent specifications of its target export markets. The DCF based Target Price is Rs. 144. However one can also consider RIL since the Trickle down effect will be seen in the Holding Company.
hema1 asked, can i buy tech mahindra at CMP 1420?
Madhusudan N Sarda answers, Yes for Medium and Long term
Venky asked, How
about Mind tree consulting. can I book some loss or hold for some more time
Madhusudan N Sarda answers, MindTree Consulting looks very good in terms of Margins. Kindly Hold
Rajkumar asked, Hello Sir,Can u tell the Short term target of TVS Motors
Madhusudan N Sarda answers, Once the price breaks out from 70 it may show an upside till 75-77. Otherwise it will revolve under 65 -70.
Ashishmaheshwar asked, What's the prospect of Dabur and Tata Motors from here
Madhusudan N Sarda answers, Both of them are good buys. Dabur for 6-18 months. Tata Motors for 12-18 months.
Manisha asked, Madhubhai, many years ago you had recommended Sundaram fasteners to me and it turned out to be a multibagger. I made some money and I thank you for it. Today again fastener industry is booming, is it a good buy at this price? I've also found a small company in fastener industry, Simmonds Marshall Ltd. (BSE Code: 507998) that is suppling to Tata and Mahindra & Mahindra, both. PE is 4. Can I buy it for long term? God Bless.
Madhusudan N Sarda answers, Thanks Simmonds Marshall has a huge problem in terms of liquidity. This is why huge upsides are not possible since its deterrent for a fund or strategic investor to enter.
viren asked, Sir, Last year I purchased 100 shares of reliance petro. What do u think I still Hold/Sell.
Madhusudan N Sarda answers, We continue to believe that RPL is the best play on expected continued robustness in refining margins. RPL's under-construction refinery would have high complexity and a superior product slate, which would enable it to produce higher margins on lighter and medium distillates conforming to evolving stringent specifications of its target export markets. The DCF based Target Price is Rs. 144. However one can also consider RIL since the Trickle down effect will be seen in the Holding Company.
riyas asked, I would like to invest in stocks. Where can i get more information about stocks. What are the pre -requisite to buy stocks. How do to purchase a stocks. Can you give a website? Thanks a lot.
Madhusudan N Sarda answers, Get in Touch with a Good Broker.
Vinayak asked, hello sir what is your opinion about DLF?
Madhusudan N Sarda answers, Lots of plans by the Company. Timely execution should help the stock to perform well.
soyma asked, what are your picks in media sector
Madhusudan N Sarda answers, Pyramid Saimira, Balaji and GV Films.
dsa asked, Hows Wipro looking in 3-6 mths perspective?
Madhusudan N Sarda answers, Decent Returns. More than the Deposit Rate.
akshay asked, what is your recommendation for Tata Power - Hold or Sell
Madhusudan N Sarda answers, All stocks in Power should be held till atleast the announcement of 11th Five year Plan. This might have lots of goodies for the Power sector as a whole.
hiran asked, sir, can i buy Zensar Technologies now?
Madhusudan N Sarda answers, Wait for it to cool down from the current levels and then consider some buying, though I dont think its a top pick in the Tech space.
vimal asked, hello Sir, What abt Bajaj Auto?
Madhusudan N Sarda answers, 6 to 8 months developments are crucial. One should wait till the 3rd Quarter.
hell asked, What is the future of Maruti Udyog for next 12 mnths?
Madhusudan N Sarda answers, In Auto space, the companies which are going for new releases are in good stead. Same stands for Maruti Udyog.
Rahul asked, your view on Hotel Leela
Madhusudan N Sarda answers, The history and Management of Hotel Leela looks good. However seasonal erosions in Margins and financial in general are a concern.
mihir asked, how about rpl.. currently 100 stocks at 107... target please
Madhusudan N Sarda answers, We continue to believe that RPL is the best play on expected continued robustness in refining margins. RPL's under-construction refinery would have high complexity and a superior product slate, which would enable it to produce higher margins on lighter and medium distillates conforming to evolving stringent specifications of its target export markets. The DCF based Target Price is Rs. 144. However one can also consider RIL since the Trickle down effect will be seen in the Holding Company.
G asked, Can ITC, RNRL and RPL be considered on long term (say 8-10 yrs) profit basis?????
Madhusudan N Sarda answers, Absolutely. They got a solid Management and future outlook and will participate in the Indian Growth Story over a decade.
HSP asked, I have Bharti Televentures 1000 shares. Is it right time to hold or sell ?
Madhusudan N Sarda answers, Bharti is good stock to HOLD for a longer term perspective. It is one of the few blue chip stocks which can be a multibagger.
KAUSHIK asked, I HAVE HINSTAN MOTOR 2540 SHARE WHAT IS PROSPECT
Madhusudan N Sarda answers, Hindustan Motor forays into certain strategic CV segments will yield good returns. Hold till the Auto Industry again becomes the cherry of the eye of the Industry.
singheskay asked, Dabur, HLL, ITC- all these stocks are not moving at all in recent past. What is your take?
Madhusudan N Sarda answers, Good Companies, bad Support from the Market in recent past. This will soon catch attention of some savvy investor community.
narendrasoni asked, madhu, nilu bhayya here, what is the top level of gmr infra?
Madhusudan N Sarda answers, Hello Nilu Bhayya GMR Infra is at top levels. However will it expand further or soften cannot be interpreted from fundamentals.
Madhusudan N Sarda says, Apologies for unanswered questions due to time constrains. Thanks Good Bye To All of you. Happy Investing !!
