'I am a small time investor and have the following stocks.
I want to understand, whether there is any point holding them or I should come out of them?'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Koushik Nag: I am a small time investor and have the following stocks. I want to understand, whether there is any point holding them or I should come out of them?
Though, I am not in need of money currently and can stay invested. I am 50 years old. Working in a private company. With 2 kids pursuing education.
Ajit Mishra:
I look forward to your advice on whether to buy more or hold or sell on the above mentioned stock. Some are long term and some are short term.
Murtuza inamdar: I request you to kindly advise the further action on below shares:
Ajit Mishra:
1) 20 Microns 50 nos @ 30.53 - Exit
2) Aro Granite Ind 250 nos @ 28.26 - Exit
3) Axis Bank 15 nos @ 414.10 - Hold
4) Bajaj Finserv 02 nos @ 6275.14- Hold
5) Bank of Baroda 100 nos @ 42.30- Exit
6) Cg Power & Ind solutions 2900 nos @ 22.56- Exit
7) Caplin Point Lab 15nos @578.66 - Hold
8) Dish Tv India 600 nos @ 13.72 - Exit
9) Eicher Motors 100 nos @ 2138.29- Hold
10) HDFC bank 20 nos @ 1022.94- Hold
11) Happiest Minds 10 nos @ 365.82- Hold
12) HAL 25 nos @ 1011.30- Hold
13) IOCL 250 nos @ 6.95- Hold
14) ICIC BANK 20 nos @ 346.4- Hold 9
15) IDFC First bank 200 nos @ 29.38- Exit
16) Induslnd Bank 20 Nos @525.76 - Hold
17) Infosys 5 nos @ 780.89- Hold
18) Iron Int 50 Nos @ 82. 22- Hold
19) J P Associates 1000 nos @ 4.25- Exit
20) Magma Fincorp 600 nos @ 38.92 - Exit
21) P&G Hygien 5 nos @ 10241.86 - Hold
oscar dsouza: I am in the process of consolidating my overall portfolio and getting rid of some poor investments. These are the stocks that I have in my portfolio that i feel was an error and I should exit. Please let me know if you think the same or suggest that I hold these for the long term?
These were all bought approx in 2016 after which I moved brokers hence do not have the record of what price where they bought at. Regardless of profit or loss, if you feel that these are not good quality stocks to hold for the long term, I will exit these.
Ajit Mishra:
1. Federal Bank 500 shares - Exit
2. Orbit Textiles: 400 shares - Exit
3. Salzer Electonics: 25 shares - Exit
4. PTC India Finance (PFS): 500 shares - Exit
5. Max Finance: 42 shares - Hold
6. Intellect: 20 shares - Hold
6. Grasim: 30 shares - Hold
7. Aditya Birla Capital: 42 shares – Exit
Anonymous: Your advice:
Ajit Mishra: Exit all except Castrol, GAIL, IOC, ONGC and HPCL
Surendran Nair: I am holding following shares; please help me for future course of action.
Ajit Mishra:
1. SBI 20 shares for Rs.190/- per share - Hold
2. NAM India 25 shares for Rs.300/- each- Hold
3. Coal India 50 shares for Rs.136/- each- Exit
4. JK Lakshmi Cement 25 shares for Rs.287/- each - Hold
5. Star Cement 25 shares for Rs.96/- each - Exit
ranjeev: I am holding the following portfolios, please suggest if I can have of it or buy more to average them. Please advise if I should hold it ,sell it or average it.
Ajit Mishra:
Bharti Airtel 175@ 550 – Hold
Hal 60 @ 1082– Hold
Aarti Drugs 6@3250– Hold
Aarti Surfactant 25@557– Hold
Tata Metallic 100@ 578– Hold
Tahir Khan: I am regular reader of your valuable opinions on rediff. I am a long term investor. I have 75 shares of Indiabulls HOUSING @415. Presently in loss of about 19,000/-. Shall I book loss Sir or wait. I can wait for long also. Pls suggest.
Ajit Mishra: Exit
Further, pls suggest in below also. I can hold all for long term. Pls suggest to sale / hold / accumulate.
Ajit Mishra:
Coal India 120@215 - now at loss of 20,000/- approx. - Exit
ITC 185@240 - now at loss of 13,000/-approx - Hold
ONGC 170@134 - now at loss of 11,000/- approx- Hold
IOC 150@136 - now at loss of 9,000/- approx- Hold
arjun satish: I have the following query: Should I average it or sell at current levels, the following stocks.
Ajit Mishra:
manish vora: Kindly advice which stock should be hold and which to exit from the details given below:
Ajit Mishra:
3 I INFOTECH LTD. – Exit
AKSH OPTIFIBER LTD. – Exit
BANSWARA SYNTHETICS – Exit
BILCARE - Exit
BIOCON LTD. – Hold
BPL LTD. - - Exit
BRIGADE ENTERPRISES LTD. – Exit
CHAMBAL FERTILIZERS – Hold
ADROIT INFOTECH LTD. - - Exit
CONSOLIDATED FINVEST LTD. – Exit
COSMO FILMS- Exit
DANLAW TECHNOLOGIES LTD. – Exit
DATAMATICS TECHNOLOGIES LTD. – Exit
DISH TV INDIA LTD. – Exit
ECOPLAST LTD. - - Exit
EDELWEISS CAPITAL LTD. - Exit
FGP LTD. - Exit
FLUIDOMAT- Exit
PALRED TECHNOLOGIES LTD. - Exit
CAPITAL FIRST LTD. - Exit
GAIL (INDIA) LTD. - Hold
GENESYS INTERNATIONAL LTD. – Exit
MEYER LTD. – Exit
GODREJ INDUSTRIES- Exit
GUJARAT SIDDHI CEMENT- Exit
HYDERABAD INDUSTRIES – Exit
ICICI BANK LTD.- Hold
INDAG RUBBER LTD. – Exit
INDIAN METAL & FERRO ALLOYS LTD. - - Exit
INDSIL ELECTROSMELTS – Exit
ION EXCHANGE – Hold
JUPITER BIOSYSTEMS LTD - - Exit.
JYOTHY LABORATORIES LTD. Hold
KOPRAN LTD. - Hold
LOK HOUSING & CONSTRUCTION LTD. – Exit
MANALI PETRO- Exit
MANGLAM CEMENT- Exit
MERCATOR LINES LTD. – Exit
MONOZYME INDIA LTD. – Exit
MOSCHIP SEMICONDUCTORS LTD. - Exit
MOSER BAER- Exit
MRPL- Exit
NATIONAL THERMAL POWER CORPORATION- Exit
NELCO LIMITED- Exit
NLC INDIA- Exit
NHPC LTD. - Exit
NICCO CORPORATION LTD. - Exit
NIKHIL ADHESIVES LTD. - Exit
NIRLON LTD. - Exit
OIL INDIA LTD. Hold
PARSVANATH DEVELOPERS LTD. - Exit
PETRONET LNG GAS LTD.- Hold
PRICOL INDUSTRIES LTD. – Exit
RAJ RAYON LTD. - Exit
RELIANCE INDUSTRIES LTD. – Hold
RELIANCE POWER LTD. - Exit
RURAL ELECTRIFICATION CORPORATION LTD.- Hold
SANGAM INDIA LTD. – Exit
SHREE RAJASTHAN SYNTEX- Exit
STATE BANK OF INDIA- Hold
SUJANA UNIVERSAL LTD. – Exit
SUNIL HITECH LTD. – Exit
SYNDICATE BANK- Exit
SYSCHEM (INDIA) LTD- Exit.
TATA CONSULTANCY SERVICES- Hold
TATA STEEL LTD.- Hold
TRANSCHEM LTD. – Exit
TUTICORIN ALKALIES & CHEMICAL - Exit
UCO BANK – Exit
SITI CABLE NETWORK LTD. – Exit
ZEE ENTERTAINMENT ENTER LTD - Exit.
ZEE NEWS LTD. - Exit
POWERGRID CORPORATION – Hold
MOIL LTD. – Hold
THE SHIPPING CORPORATION Exit
PUNJAB & SIND BANK LTD. – Exit
SUZLON ENERGY LTD. – Exit
COCHIN SHIPYARD LTD. – Exit
DIXON TECHNOLOGIES (INDIA) LTD.- Hold
ICICI LOMBARD GENERAL INSURANCE – Hold
SBI LIFE INSURANCE CO. LTD. – Hold
INDIAN ENERGY EXCHANGE LTD. - Hold
MENON PISTONS LTD. - Exit
WEST COAST PAPER MILLS LTD. – Hold
gokul patil: I have following stocks in my portfolio, please let me advice whether I have to exit,hold or accumulate, further i want to invest Rs 2L for further 2 or 3 years.
Dewan housing 115@120, icici bank25@417, Infosys 50@609, l&t15@978, l&t finance100@67, RIL20@217, Tata motors150@194, Tata steel25@377, Titan10@1163, Yes Bank230@80
Ajit Mishra: Hold ICICI Bank, Infosys, L&T, L&T Finance, RIL, Tata Steel and Titan for long term.
Raju Shanmugam: I hold the following stocks. Should I hold them or sell.
Ajit Mishra:
ADANI POWER@39.47 – Hold
DAAWAT@60.05 – Exit
ITC@195 – Hold
JPPOWER@3.03 – Exit
SUNTECK276.82 – Exit
YES BANK@16.6 – Exit
Raj Sinha: Below are my share details. Few stocks have become worthless :(. Please help. I am ok to wait for a few years for some shares.
Ajit Mishra:
Gaurav Agarwal: I hold the following stocks:
Ajit Mishra:
CENTURY TEXTILES & INDUSTRIES 100 338.12 - Exit
CG POWER AND IND SOLUTIONS LTD 2000 23.91 - Exit
VODAFONE IDEA LIMITED 1000 10.45 - Exit
LARSEN AND TOUBRO LIMITED 50 961.57 - Hold
STATE BANK OF INDIA 200 192.37 - Hold
YES BANK LIMITED 1000 15.89 – Exit if not under lock in
Please advise which to hold looking at 2-3 year horizon
S Balepur: I have the following shares of BIG BAZAR group and would like to know what happens to them after his deal with Reliance? Prices of all have collapsed. I am a long term investor. What should be done Hold / Sell? Please advice.
Ajit Mishra:
1) Future consumer - 700 Shares - Exit
2) Future Enterprises 250 Shares- Exit
3) Future retail 70 Shares- Exit
ankit jasani: I want to purchase below shares. Please suggest & Guide me.
Ajit Mishra:
1) Coal India - - Exit
2) REC India - Hold
3) PFC India- Exit
4) NLC India- Exit
5) PTC India- Exit
6) Oil India- Hold
7) BANCO Product - Hold
8) Manasakia - Exit
9) SJVN - Exit
10) Gravita - Exit
Please mail your questions to getahead@rediff.co.in with the subject line 'Ask Ajit', along with your name, and 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.