Rediff.com« Back to articlePrint this article

ASK AJIT: 'What shares should I buy?'

December 22, 2021 08:54 IST

'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

AJIT MISHRA