ASK AJIT: 'What shares should I buy?'

'I want to invest about Rs 1-2 lakhs in shares for short term gain.'

Illustration: Dominic Xavier/Rediff.com

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

Amlan Mukherjee: Please let me know what to do. At the moment, I am holding these shares:

Ajit Mishra:

Company	Price	Qty	Recommendation
NALCO	Rs 58	2,500	Hold
Vedanta	Rs 208	114	Exit

Syed Babu: Hi. Please advise on the below stocks for the medium term.

Ajit Mishra:

Company	Recommendation
1. Bharat Forge	Hold
2. Exide	Hold
3. NBCC	Exit
4. Bharat Electronics	Hold

Mohan Subramanian: I want to invest about Rs 1-2 lakhs in shares for short term gain, maybe three months.

Can you suggest a few?

Ajit Mishra: You can look at Granules India Ltd, TCS, NCC, Federal Bank and Petronet for a short term 3-4 month horizon.

Amit Babbar: I have the following shares. Please suggest which to hold and which to exit.

If I am exiting, then where should I invest the same amount?

Ajit Mishra:

Company	Qty	Purchase Price	Investment Amount	Current Price	Current Value	Recommendation
CAMS	12	Rs 1,230	Rs 14,760	Rs 3,960.45	Rs 47,525.40	Hold
DRREDDY	5	Rs 5,280.73	Rs 26,403.65	Rs 4,763.45	Rs 23,817.25	Hold
GLAND	11	Rs 2,403.91	Rs 26,443.01	Rs 3,900.70	Rs 42,907.70	Hold
IRFC	575	Rs 26	Rs 14,950	Rs 23.05	Rs 13,253.75	Exit
MAZDOCK	103	Rs 145	Rs 14,935	Rs 235.50	Rs 24,256.50	Hold
ONGC	200	Rs 115.63	Rs 23,126	Rs 119.70	Rs 23,940	Exit
RCOM	1,000	Rs 36.25	Rs 36,250	Rs 2.80	Rs 2,800	Exit
ASHOK LEYLAND	50	Rs 83.94	Rs 4,197	Rs 122.50	Rs 6,125	Hold
ITC	40	Rs 196.20	Rs 7,848	Rs 209.50	Rs 8,380	Hold
L&TFH	80	Rs 93.94	Rs 7,515	Rs 83.90	Rs 6,712	Hold
SBI CARD	19	Rs 755	Rs 14,345	Rs 1,126	Rs 21,396	Hold
YES BANK	40	Rs 139.21	Rs 5,568	Rs 11	Rs 444	Exit
ZEEL	25	Rs 374	Rs 9,354	Rs 173.85	Rs 4,346	Hold

You can invest in stocks like Orient Electricals, Phillips Carbon, V-Guard, Kansai Nerolac and JK Lakshmi Cement.

Paresh Mathur: Please advise. I have following shares.

Ajit Mishra:

Company	Qty	Price	Recommendation
Greaves Cotton	1,250 shares	Rs 177	Exit
Seamec	800 shares	Rs 627	Exit on rise

Pankaj Kr Singh: Please advise on the following shares, both at loss.

Ajit Mishra:

Company	Status	Per cent	Recommendation
CDSL	Loss	18	Hold
Vaibhav Global	Loss	8	Exit on rise

Sanjay Misal: I am holding 104 Lupin shares @ Rs 1,238 avg price.

Please share your opinion about long term.

Ajit Mishra: Hold.

Swain Ram: I brought Adani Power shares @ Rs 126. Should I hold or exit? Please let me know.

Ajit Mishra: Exit the stock.

Irfan Danawala: Kindly advise. I have the following stocks.

Ajit Mishra:

Company	No of shares	Price	Recommendation
Bandhan Bank	1,500	Rs 395	Exit on rise
RBL	3,500	Rs 220	Exit on rise
PFC	1,500	Rs 130	Hold
ITC	2,000	Rs 220	Hold
P&B Bank	4,000	Rs 35	Exit on rise
Sumitomo Chemical	2,500	Rs 320	Exit on rise

Vaibhav Ghadge: I have to invest approximately Rs 50,000-60,000 per month for long term savings.

Can you suggest an investment?

I can start SIP for some amount. However, I would like to invest a partial amount in stocks also.

I currently have the below stocks.

Can you please suggest if I should exit or hold or add?

Ajit Mishra:

Company	Price	Recommendation
Ashok Leyland	Rs 49.31	Add
AU Bank	Rs 1187.5	Exit on rise
Axis Bank	Rs 415	Add on dips
Bajaj Finance	Rs 3,150	Add on dips
Bandhan Bank	Rs 286.5	Hold
CRISIL	Rs 2,575	Hold
Eicher Motors	Rs 2,185	Hold
HAL	Rs 909.86	Hold
ICICI Bank	Rs 347	Add on dips
Idea	Rs 6.94	Exit
IDFC	Rs 45	Exit
IEX	Rs 179.8	Hold
Indusind Bank	Rs 490	Exit on rise
IRFC	Rs 22.85	Exit
ITC	Rs 180	Add on dips
ITI	Rs 125.68	Exit
M&M Fin	Rs 130	Hold
NCC	Rs 70	Hold
Nuvoco	Rs 570	Prefer JK Lakshmi or Ramco Cements
SBIN	Rs 182.3	Hold
Spicejet	Rs 48.5	Exit
Shriram Transport Finance Ltd	Rs 669.5	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