PRANAV SANGHAVI says, Good afternoon everyone. Welcome to this week's chat. Let's begin.
gagan asked, hi pranav what is the future of gmr
PRANAV SANGHAVI answers, Hi Gagan, just today the court has ruled in their favor in regards to the airport issue. So over the next few years they should benefit substantially from the projects. In any case all the infrastructure stocks should do well also.
Ramesh asked, Hi pranav
PRANAV SANGHAVI answers, Hi Ramesh.
andy asked, Hi Pranav, what is the future of TATA Teleservice? In the long run...
PRANAV SANGHAVI answers, Hi Andy. Tata Tele has been languishing in a range bound state from quite some time. Unless it is merged with some larger company of the group or some other news comes up on the script, it should continue to remain range bound.
sumantadas asked, will i enter into voltas, ongc, rel. comm at this level?
PRANAV SANGHAVI answers, I would wait for the days of correction to enter the stocks as they have run up handsomely in the past few weeks.
Ramesh asked, Hello Pranav What is the future of BHEL,UNITECHand GULF oil
PRANAV SANGHAVI answers, Hi Ramesh. BHEL being a heavy engineering company shall benefit from the construction and infrastructure development boom and so will Unitech. Gulf should remain a bit choppy depending on the crude prices.
Jitendra asked, what is the upper limit for tata steel.
PRANAV SANGHAVI answers, There is no upper limit to a stock. But you could value it based on the P/E ratio. Being a commodity stock a P/E ratio of around 15 should work well. But you must remember they have made an ambitious bid to acquire Corus a much larger company for US$ 12 billion and to merge that in to it's balance sheet will not be an easy task.
hriday asked, Hi pranav
PRANAV SANGHAVI answers, Hi Hriday.
Amit M asked, hi pranav, where does the mkt seems to be heading to. When is the right time to book profits
PRANAV SANGHAVI answers, Over the next few years most factors remaining constant, I see the market steadily heading upwards. One should regularly book profits at new highs and if required get in again on corrections.
Hardeep asked, Hi Pranav, i am regularly investing in UTI infrastrucutre thru SIP. What is future of Infrastructure in India
PRANAV SANGHAVI answers, I don't foresee a problem for that sector atleast for the next 4 to 5 years. There is tremendous demand for real estate development. I just read a report the other day where in it is said that nearly 731 malls are either under development or will go under development in the yeat or two.
Ramesh asked, Hello pranav My massage is reching to u
PRANAV SANGHAVI answers, Yes it is Ramesh.
Mahesh asked, I have 250 shares of Century Ply @ 210/- should i hold
PRANAV SANGHAVI answers, Yes you could hold on. Keep watching its quarterly results.
Ajay asked, Hi Pranav I want to start investing in Share market to earn money. How can i start and from where should i start. WHich things i know before going to invest.Please tell me
PRANAV SANGHAVI answers, I would recommend first to go through the courses offered by the BSE and NSE's training institutes. Then get hold of a broker and seek advice.
PKJ asked, IFCI has shown positive result in the last quarter and has picked up also lately. What is your pick. Also PRAJ Ind at current level is it wise or buy after correction
PRANAV SANGHAVI answers, IFCI still maybe has some more momentum left but I would book profits after another 20 to 30%. PRAJ on a longer term should do well. It is always wiser to buy in at a correction.
Ramesh asked, What if the future of jyoti STRUC
PRANAV SANGHAVI answers, I am sorry, I don't follow that stock.
shantanu asked, what models do you use for securities?
PRANAV SANGHAVI answers, Definately not the ones that walk the ramp. Ok, jokes aside, we use fundamental research more than Fibonacchi or any other models for technical analysis.
Anil asked, Hi Pranav, What is the future of ITC.I am looking for long term prospective.
PRANAV SANGHAVI answers, I would hold. Over the next couple of years it would give you a handsome profit even from current levels.
PKJ asked, RELNAT has also picked up recently. hold or book profit. I plan to invest for long term after correction want to invest in 4 scripts out of following (or others if you have): L&T, RELIND, INFOSYS, WIPRO, SBI, SATYAM, ICICIBANK. Please suggest which 3 should i go for
PRANAV SANGHAVI answers, I would invest into RIL, L&T, SBI and WIPRO or ICICI. As far as RELNAT you could book prifits and invest into other growth stocks and reinvest a couple of years down the line.
santhosh asked, this is santhosh can i buy ongc and praj inds at current level
PRANAV SANGHAVI answers, Yes you can. ONGC I would wait for a correction.
anand asked, HI ALL, I CAN'T SEE ANY ANSWERS FROM PRANAV...
PRANAV SANGHAVI answers, I would recommend you restart your browser.
Merve asked, Do you track Reliacn Communiction,what is you oppinion about this script.what upside do u see from 390
PRANAV SANGHAVI answers, I think it is a good stock to stay invested in. It should reap good returns once they finalise the plan to take Reliance Infocomm public.
vijayan asked, what is your opinion on IPCL bought at 307
PRANAV SANGHAVI answers, You could hold on on a longer term basis.
nikki asked, Do u track Gangotri Textile. IPO price was 42/ and now 30/. what is the future
PRANAV SANGHAVI answers, No, I am sorry I don't.
snt asked, Hi, Shall I go for DCB/Reliance Petro at current price or wait for price down?
PRANAV SANGHAVI answers, I would look at some other frontline stocks all together.
nirmal asked, Could you tell me more on Reliance Infra & Financial technology .,your views for short term & longterm.
PRANAV SANGHAVI answers, Financial Technologies is a good bet for long term. FT is the owner of the MCX commodities exchange and plans to come out with an IPO soon. That will really add value to FT. Reliance Infra is witnessing the boom that most of the infrastructure stocks are witnessing.
MAYANK asked, WHAT IS FUTURE OF PENINSULA LAND, I BOUGHT 110 @570/-
PRANAV SANGHAVI answers, You could hold on. They are developing a lot of real estate projects which will reflect in the bottom line in a couple of years.
siya asked, Hi Mr.pranav, i am a longterm investor can I enter jaiprakash associates at current level?
PRANAV SANGHAVI answers, I would go with a frontline quality stock.
Aashiq asked, Hai Pranav I am a long term investor and wish to invest in Gujarat Nre Coke/Indraprasth Gas. Pls advise?
PRANAV SANGHAVI answers, Both could be looked at with a long term view.
pdsaw asked, Hi
PRANAV SANGHAVI answers, Hi.
PKJ asked, THERE ARE 2 IPOS CURRENTLY ...WHICH ONE IS BETTER FOR INVESTMENT WISE AND TO BOOK PROFIT ON LIST WISE.
PRANAV SANGHAVI answers, I think Parasvnath should do well.
siya asked, Hi, what is your view Geojit for longterm?
PRANAV SANGHAVI answers, They are into the stock broking arena and have been performing well. They have capitulated well on the boom witnessed over the last 3 years in the stock markets. I think they should continue to grow over the next few years.
Shyamk asked, I am totally new to Stock Market and i want to invest money .Can you tell me which is the right time to invest money ?
PRANAV SANGHAVI answers, When there is a correction. I would recommend you go through Mutual Funds before you seek the know of investing in the markets.
raju asked, in the blue chip which all stocks are still a good pick inspite of market zooming
PRANAV SANGHAVI answers, I think ITC, SBI, TCS and some more still could have some steam left in them.
Sunil asked, Which is the most attractive sector in case of investment as per you in the current & the upcoming times ?
PRANAV SANGHAVI answers, Its not just one but I fell the cement, infrstructure, tech, pahrma and banking should all perform well.
Aashiq asked, Pranav/Aashiq Also pls adv prospects of long term investment in Hindustan Oil Exploration and Gujarat State Petronet?
PRANAV SANGHAVI answers, HOEC is a fundamentally strong stock and could be looked at. Guj State also can belloked at.
pdsaw asked, Hi pranav what about Parsvnath Developers IPO
PRANAV SANGHAVI answers, Hi PDSAW, I think you could look at it.
saurabh asked, hi pranav is this a right time to buuy high price market share like ? and plz also specify where i can invest and why?
PRANAV SANGHAVI answers, You could wait for a correction and lose out on maybe 3 to 5 % of upward movement. But buying on a down trend in parts is always wiser.
snt asked, Hi, I am investing in following equity funds through SIP[Magnum Contra Fund (G),HDFC Prudence Fund (G), Sundaram Select Midcap (G)], Can I claim tax exemption on investment like other ELSS funds?
PRANAV SANGHAVI answers, You will have to check with the MF's offer document or the Fund itself.
eskay asked, Infosys & TCS shows bullish trend but not WIPRO. Why?
PRANAV SANGHAVI answers, Wipro also is a strong player but there is always a dearth of liquidity as very little stock is with the public. I think only around 7 to 9% is with public. I think it will perform well in the future.
Prashantsurana asked, hi what short term targets for the market? What do you thinck about correction or profit booking at this level.
PRANAV SANGHAVI answers, Well corrections are part and parcel of the game and also healthy for the markets. A major correction looks difficult at this stage at least.
vikas asked, pranav ji among amall caps whom do you recommend, i am a new investor
PRANAV SANGHAVI answers, You could look at IDFC, Syndicate Bank, Midday etc. But please do study the stocks in detail before investing in to them.
Pradeep asked, What is the Future of unitech , Is it Worth buying at Current Levels
PRANAV SANGHAVI answers, Yes you could look into them.
pravinlunia asked, hi pranav wt is d outlook fr orient paper @ 620,arvind mills @97, uco bank @ 27.50
PRANAV SANGHAVI answers, All look good for 6 to 12 month investment.
eskay asked, If I have 25000 rupees now to invest (for 6 months) in equities, your recommendations?
PRANAV SANGHAVI answers, Buy a quality mid-cap stock which has strong fundamentals and is giving good results.
Madhu asked, Hi Good Afternoon Pranav, Whats the prospectus of VSNL, i bought 20 shares for 475,shall
i make stop loss or Hold it for some more time..
PRANAV SANGHAVI answers, You could hold on for some time.
Pradeep asked, Do is see any Upward Spike in Hindustan Oil Exploration
PRANAV SANGHAVI answers, On a longer term it should do well. But I cannot predict sudden spikes in prices.
Krishna asked, Hi pranav ,,,,,Is this the right time to sell NTPC
PRANAV SANGHAVI answers, I would hold on. We have been recommending NTPC from Rs. 75 levels. But it is a good stock to hold on to.
Shyamk asked, I am totally new to Stock Market and i want to invest money .Can you tell me which is the right time to invest money ?
PRANAV SANGHAVI answers, When there is a correction. Invest with a longer term outlook.
Ujjwal asked, Hi Pranav, What is your opinion on Nagarjuna Construction and IVRCL
PRANAV SANGHAVI answers, Both should do well being in the insfrastructure development sector.
ismail asked, please suggest five scrips with time horizon of six to nine months
PRANAV SANGHAVI answers, I have recommended both large caps and mid caps in my previous answers please refer. Thank you.
eskay asked, Prospects of GSPL,MRPL and NTPC -there is no firework even in "Diwali"?
PRANAV SANGHAVI answers, Hold on to them with a long term outlook.
SHEETAL asked, Hello i want to what are the target prises for Voltas, TulipIt, RPL, reliance natural.
PRANAV SANGHAVI answers, I cannot give you target prices especially since you have not mentioned a time frame. I think VOltas is the best bet amongst the ones you have listed.
atul asked, do u have any idea about indswift lab... i bought it at 128 8 months back now it is trading at 65
PRANAV SANGHAVI answers, If you can take the loss then book it ans switch to a growth stock.
Sanjit asked, Hi Pranav, what is the outlook for OIL EXPLORATION sector?
PRANAV SANGHAVI answers, India is an Oil importer so all in the field of exploration will be dear to the country. But it will depend on the finds that each of the comapnies make.
VR asked, I have recently bought 300 Tata Steel for 498 and RIL for 1160, your suggestions please!
PRANAV SANGHAVI answers, Good investments, hold on.
Mani asked, Is this the right time to invest in the mutual fund? Can name any fund to invest?
PRANAV SANGHAVI answers, I will not tell you a particular fund but if you invest in a large cap diversified fund, you should get good returns. Even the new DSPML's midcap fund looks good.
ganeshraj asked, we wish to buy ril ? pl inform when
PRANAV SANGHAVI answers, It has risen sharply over the last couple of weeks. I would wait for a correction.
Manish asked, Hi I had bought 100 shares of Tech Mahindra in IPO. How long should I hold them? What could b the target price? I don't have any specific time-frame & can remain invested for a year or two also.
PRANAV SANGHAVI answers, I think it will be a blue chip stock of the future. I would hold on. It has given good results and I feel it will continue to do so.
Rupa asked, Sir, I am holding as per following: Hindmotor Rs.40/- TTML Rs.29/- JP Hydro Rs.35/- Rain Calc Rs.45/- Grindwel Norton Rs.165/- Pl advice sir hold or sell ?
PRANAV SANGHAVI answers, If you are sitting on handsome profits then book some profits and invest back during a correction.
vani asked, sir i am holding teledata 500hundred shares and surana telecom 100 @ 45 and 40 what shall i do
PRANAV SANGHAVI answers, Book profit and swithc to frontline stocks.
gggkkk asked, hi pranav how r u , pls tell me career oppurtuniteis in share market , i have completed my m.com , ncfm , mba .
PRANAV SANGHAVI answers, Hi gggkkk and I am fine thank you. Well there are tremendous opportunities with large brokerage houses. You could also look to become a sub-broker to any of the major brokerages who give excellent support to it's sub-brokers.
tttt asked, Dear Sir, I have been asking for Jai Corp and it is hitting upper circuit for the last 20 days. Please advise. It is promoted by Anand Jain.
PRANAV SANGHAVI answers, I don't follow that stock sorry.
Suneel asked, Hi Pranav, What is the future of Andhra Petro?
PRANAV SANGHAVI answers, You could hold on.
Rita asked, Should i purchase infosys and techM at current levels?
PRANAV SANGHAVI answers, I would wait for a correction. They have risen sharply.
Madhu chandra asked, Hi Good Afternoon Pranav, Whats the prospectus of VSNL, i bought 20 shares for 475,shall i make stop loss or Hold it for some more time..
PRANAV SANGHAVI answers, Hi and good afternoon to you too. You could hold on for some time.
anandrathi asked, sir.....which one is a better stock...rel communication or bharti.....in perspective of one year
PRANAV SANGHAVI answers, I would go with Ril Com because of the imminent IPO of Reliance Infocomm which RIL INFO will merge into.
Krishna asked, Hi pranav ,,,,,Is this the right time to sell NTPC
PRANAV SANGHAVI answers, I would hold on.
shalini asked, what r the prospects for Hindustan Zinc
PRANAV SANGHAVI answers, I think it has risen over 30% over the last few trading sessions and they have just announced a price hike in the Zinc prises. You could stay invested into stock.
prashant_ks2 asked, Please give you outlook about GILLETTE
PRANAV SANGHAVI answers, As such it has no major competitors. So on a longer term it will perform well in the long term.
Mona asked, Hi Pranav....i have 50 shares of TCS at 1124 and i am skeptical about the rise in the stock.Shud i keep it or sell it?What do u suggest
PRANAV SANGHAVI answers, I would hold on. I am still bullish on TCS. They have performed strongly and I don't see why they should not continue to do so.
premal asked, I want ask about Aptech -the company is doing well-especially china and the rakesh jhunjhunwalla factor-should we enter at this level now there is expectation that it will go to 250 levels in short term
PRANAV SANGHAVI answers, Yes it oculd touch those levels after a few quarterly results.
SB asked, I am holding Tata metaliks@Rs.130 , Tata Sponge@Rs.125 , HCL Infosystems@Rs.180 I am along time investor. Pls tell about the future and your advice
PRANAV SANGHAVI answers, You could continue to hold on to them. All are good stocks.
Mani asked, Do you expect any correction in the BSE and by how much?
PRANAV SANGHAVI answers, Corrections are healthy for the market. It would signal a time to buy for the long term.
Rishi asked, What are the prospects of sugar industry in the near term future like 3 months or so esp for Balrampur Chini?
PRANAV SANGHAVI answers, All the sugar stocks have been rising over the last two years. They should continue to perform.
shom asked, hi pranavji, do u know future of rishiroop rubber, global tele and gwalior chemicals and petronet lng
PRANAV SANGHAVI answers, I dont' follow that stocks except for Petronet. You could hold on that that one.
naresh asked, Dear Sir , Markets are at such a peak what if FIIs start selling will we see a May crash again ..some people are saying this is a corrective rally only is this so sir
PRANAV SANGHAVI answers, If FII's sell as aggressively as they did in May we could but I seriously doubt that. There is no reason for them to. Our companies are giving good results. Our economy is doing well.
Dinyar asked, Hi Pranav! I bought Bajaj Auto Futures when the share prices were rising. I bought them when they were 3100 and dispite good performance by the company the prices came down upto 2700 level. I rolled over the last months future. How long should I hold it?
PRANAV SANGHAVI answers, For 6 to 12 months. It is a market leader in the two wheeler segment. You could hold on.
manmin asked, Pl tell me abt thr future prospects of India Cement & Indian Hotels
PRANAV SANGHAVI answers, I am bullish on Indian Hotels. You could hold on even from current levels. India Cement will also do well. The demand for cement will continue to be high.
sunilsharma asked, Hi Pranav, What is the future of Reliance comunication & IDBI Bank ?
PRANAV SANGHAVI answers, Both stocks should do well in the future.
Sunil asked, What do you think are the future prospectus of Ranbaxy labs especially after the lipitor issue ?
PRANAV SANGHAVI answers, It should remain choppy in the near term but longer term one could look at it.
vgg asked, Hello Pranav, What is the future of Bharat Forge bought at 393 longback?...
PRANAV SANGHAVI answers, You have made a very good investment. I would still hold on as the company should do well in the future.
deepakc asked, What are your views on Oriental Bank of Commerce at current levels
PRANAV SANGHAVI answers, You could look at it.
shiva asked, Cn i have update on airlines will they grow are need to quit , i hold deccan aviation shares of 100 @ 148 Rs IPO
PRANAV SANGHAVI answers, You could switch to a frontline stock and get out of the aviation industry as it is a tricky business.
NISHANTTC asked, Second question, AS A RENOWNED STOCKBROKER WHAT YOU WILL RECCOMENDED THE BEST INVESTMENT AT CURRENT LEVEL WITH 2 YEARS PERIOD?
PRANAV SANGHAVI answers, I am definately not a renowned stock broker but I would stick with the frontline quality index stocks for a two year investment outlook.
Sanjit asked, Dear sir, what is the outlook for GUJARAT ALKALIES currently at 161 levels???
PRANAV SANGHAVI answers, I think it should do well in the future.
Rupa asked, Can I buy RIL, Reliance Commn, at current level? Please
PRANAV SANGHAVI answers, You could. But it is always wiser to invest in time of a correction.
Rupa asked, Can I buy RIL, Reliance Commn, at current level? Please
PRANAV SANGHAVI answers, You could. But it is always wiser to invest in time of a correction.
Amit asked, what are the future prospects of teledata, ifci, mrpl, Bank of rajasthan
PRANAV SANGHAVI answers, I think Bank of Rajasthan and MRPL could be looked at.
PRANAV SANGHAVI says, Well it is time for me to leave and it has been great chatting you people as always. Hope to see you'll next week same time. Bye for now.
Chat with Pranav every week!
