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Home  » Business » 'Markets will scale new heights in September'

'Markets will scale new heights in September'

April 25, 2007 13:24 IST
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x asked, Hi Pranav, Are the cement stocks expected to rally up in the near future ? Given the reforms on this sector is it a good long term hold? 1-2 years..
PRANAV SANGHAVI answers,  at 2007-04-25 12:04:27Hi X, the cement stocks have all given good results and I think they should continue despite the scare of over capacities beyond 2 to 3 years.
x asked, With the ethanol thing getting implemneted, will the sugar stocks go on a rally ? Or would they continue to be underweight ?
PRANAV SANGHAVI answers, For most sugar companies Ethanol will only make a marginal difference. I dont think for the next few quarters the sugar stocks can rally or beat the market.
arun asked, what is future of hindalco stock
PRANAV SANGHAVI answers, 
arun asked, what is future of hindalco stock
PRANAV SANGHAVI answers, I think on a longer term basis the stock will perform well. But in the short term it may get affected by the burden of the acquisition.
x asked, Can I enter IFCI at current levels ? I was waiting for it to come below 30 but it is giong up an up. Is it a trading stock ?
PRANAV SANGHAVI answers, I would not enter at these levels. I would wait for a dip before entering. I think more than a trading stock it is more of a case of a turnaroudn story.
mm asked, Hi Pranav, What shud b the future strategy for Tech Mahindra [100 @ 1300], Idea Cellular [90 @ 75], Cinemax [45 @ 155], Parsvnath [500 @ 475]?
PRANAV SANGHAVI answers, Hi M, Tech and Idea can surely be held with a longer term perspective. Cinemax and Parsvnath one has to watch their next few quarterly results before making a call.
Vishal asked, what would be the status of RPL in 1 year from now
PRANAV SANGHAVI answers, I think RPL will give decent returns 2009 onwards.
Ganesh asked, Hi Pranav, Petronet LNG - Is it worth buying @46/- for 1 yeat timeframe?
PRANAV SANGHAVI answers, With a 1 year outlook you could.
abhi asked, hi, i want to know about praj industry
PRANAV SANGHAVI answers, I had spoken about Praj some time last year. I am still bullish on the stock and could be held on with a longer term perspective. Praj is essentially into supplying of Ethanol manufacturing plants.
PradeepKumar asked, Sir, do u think that Infosys and TCS will recover when the Rupee is becoming strong?
PRANAV SANGHAVI answers, Surely, they will. Even though both those companies have said they have covered the dollar to an extent the stock prices are moving downwards. But if the Rupee goes further below they could be affected marginally furher.
PradeepKumar asked, Sir, is it worth to buy Voltas , Centurion Bank of Punjab and Tulip IT?
PRANAV SANGHAVI answers, I would look at Voltas from the lot.
ak asked, I have ITC, DaburIndia, Tata Chemicals, Hindalco at quite high rates for around last one year what would u suggest. Can hold 3 4 years also
PRANAV SANGHAVI answers, If you can hold for 3 to 4 years, all of them should surely give you a chance to exit with profits in the future.
urperception asked, Sirjee will there will be a hike in gold prices
PRANAV SANGHAVI answers, You mean will gold prices go up? Gold as most other metals is prone to price fluctuations based on various factors like demand and supply etc. But various global players feel the price of Gold should move upwards steadily till atleast 2010 with corrections ofcourse.
PradeepKumar asked, I have Amar Remedies 100 @ 100/-. now the price is 36. Will it touch 100 any day? or what should I do?
PRANAV SANGHAVI answers, I am sorry I don't follow that stock, so will not be able to help you.
rekha asked, hi pranav I have good no of Marson, SApet, and some Satyam, Wipro what is your op I can hold these for further
PRANAV SANGHAVI answers, Hi Rekha, I don't follow the first two stocks but Satyam and Wipro are long term plays. You could hold them with a two to three year perspective. They are growing at over 30% year on year basis.
megha asked, Hi. I have 150 bajaj hindustan @250. should I sell or hold?
PRANAV SANGHAVI answers, For the short term Baja Hind looks to be a sluggish stock. One has to wait and watch beyond 3 to 4 quarters.
koya asked, what will b sensex at end of 07
PRANAV SANGHAVI answers, I would stick my head out and say probably at newer highs as I feel by September the interest rates should start moving downwards which would further boost the markets.
jayaraman T asked, what is the futueos Kpit cummins?
PRANAV SANGHAVI answers, It is a good steady stock with good financial performance. You could hold on.
kanti asked, hi Pranav i have 20 India cement share at 240.current price is 173/- .Do you expect it will go up? can you suggest me good telecom company share for 1 year investment time frame ?
PRANAV SANGHAVI answers, I think you could hold on to India Cement. I dont think the opening up of imports will affect the cement companies and IC should continue to perform well.
KSRAO asked, What's the future of pharma sector? Which particular scrips will do well in this sector? Why is Divi Lab zooming without a halt?
PRANAV SANGHAVI answers, I like, Dr Reddy, Dabur and Cipla form the pharma stocks. Divi is a trading stock and any positive news results in the stock rising upwards.
jayaraman T asked, i have indian bank 75@90 shud i sell mow?
PRANAV SANGHAVI answers, I would hold on.
lovelyanil_2005@rediffmail.com asked, hi today market will be up and down
PRANAV SANGHAVI answers, It is anyones guess but I think they will be either flat or witha slight negative bias.
jrtwins asked, infy,tcs,wipro,satyam all going in losses for me:( how long shud i wait?
PRANAV SANGHAVI answers, They are going down due to the Rupee appreciating. I would not look at these stocks on a day to day basis but rather with a longer term perspectie. As these are the stocks consistently growing over 30% on a year on year basis. And their results proved just that. In the short term due to the strong Rupee they may remain weak. But I would not panic.
maghie asked, i have purchased 175 shares of balrampur chini @ 71.60, Should i hold or book loss?
PRANAV SANGHAVI answers, I would move to another sector altogether.
jrtpondicherry asked, i have godfreeey phiilips 10 @ 1600 what shud i do?
PRANAV SANGHAVI answers, Hold on.
maghie asked, I have 100 shares of hotel leela @ 65.40 and Techno Craft industries @ 101.40, Please advise the prospects of these shares
PRANAV SANGHAVI answers, Hotel Leela you could hold on. The other stock I dont follow sorry.
Mohini asked, I have 1000 shares of Firstsource and the news is that some gud rise is expected.What do u think so ?
PRANAV SANGHAVI answers, You could hold on to the same. It is a leader in the BPO space with strong management.
khyati asked, Hi Pranav, sorry to ask a very layman's question, but I will be obliged if you help. For a stock market
novice, like me, is it better to go to a broker or should i try online trading? Thanks.
PRANAV SANGHAVI answers, Hi Khyati, I think a quality broker will offer you quality advice and especially since you are a novice I would recommend you go to a broker. meanwhile you could take up courses at the training institutes of both BSE and NSE.
sats asked, Ruchira Paper I took in IPO. Huge loss now. Any hopes of recover or quit?
PRANAV SANGHAVI answers, Don't follow the stock, so will not be able to help you.
Sand asked, Hi Pranav,what's your view on Infy & RIL ? i hold 20 shares @ Rs.2110 of infy! Shoud I hold them for long-trem or short-term ?
PRANAV SANGHAVI answers, Hi Sand, I think both will outperform the market over the next year or so. RIL we are already seeing a rally. And as the Dollar gets stronger Infy too should rally backed by its good results.
ashok asked, i have 1200 shares of ACC. I have purchased at low prices. Should I keep them or sell.? If sell then what level. In which companies do I invest if I sell. I would like to invest it into shares again.If I keep them then what level can i expect it to go.
PRANAV SANGHAVI answers, You could hold on to ACC surely as it is amongst the front runners in its sector.
muralidhar asked, what are your views on IDFC,Kesoram , BHEL,L& T...I have long positions in these stocks.Should I stay Invested...
PRANAV SANGHAVI answers, I have been bullish on IDFC since a long time and been recommending it on this chat from Rs. 50 levels. They have given excellent results and I feel they should continue to do so. I also am bullish on L&T and BHEL. You could surely hold these three with a longer term view also.
samir asked, Pl advise support levels for BHEL, RIL, TECHM & Reliance Capital for a long term & medium term investment Regards
PRANAV SANGHAVI answers, I am not a technical analyst so will not be able to give you details on the same. But all the four stocks are quality stocks and surely can be held with a medium to longer term outlook.
vikki asked, I have 2000 RPL bought at 80 I can hold for 3-4 years Should i buy more or Hold?And also what are futures of RIL?
PRANAV SANGHAVI answers, RPL should give you returns beyong 2009. RIL should perform well.
vijayadurga asked, Sir..I am holding India Cements @ 188, M&M @800 & Petronet LNG @49. Should I hold or exit on rally?
PRANAV SANGHAVI answers, Currently markets have regained most of its lost ground. They could correct before making new highs. So if you are looking at the short term one should tread with caution.
sats asked, I can't buy Tanla as always it is locking in upper circuit. Any way to get it? Strangely locking at 2% only
PRANAV SANGHAVI answers, I think it is an operator driven stock from what you tell me. I dont follow the stock so I won't be able to help you.
aaw asked, sir, the future of d_link with 2-3 years hold ( I have 1000 @125)
PRANAV SANGHAVI answers, I think it is a strong player in the tech hardware sector and it should perform well over the next 2-3 years.
akher_224 asked,  Hi, I have ITC, DaburIndia, Tata Chemicals, Hindalco at quite high rates for around last one year what would u suggest. Can hold 3 4 years also
PRANAV SANGHAVI answers, If you can hold for 3-4 years you will surely see your prices with a decent return.
Ashwini asked, How do you find Simmonds Marshall now that it is being taken over by Sundaram Fasteners?
PRANAV SANGHAVI answers, I didnt follow Simmonds. But If Sundaram has taken it over it should do well in the times to come.
bhavin asked, hi pranav could you tell me the future of idea
PRANAV SANGHAVI answers, Hi Bhavin, I think it should perform well but in the long term. Currently it seems to have risen pretty quickly and the valuations may not be justified. But it still has time beofre you can compare it to its peers like RCom and Bharti.
AAA asked, what is your view on Moser Bear?
PRANAV SANGHAVI answers, I think they have given fantastic results and should perform well in the future too.
Ram asked, I am new to the area of stocks/Investments. I am planning to invest an amount of 20,000 Rs.Which stocks are the best and reliable for a fresher.
PRANAV SANGHAVI answers, I would look at the frontline index stocks with strong performance and whose P/E ratios are below 18.
rocky asked, hi,kindly advise on hfcl bt @ 23
PRANAV SANGHAVI answers, I dont follow that stock but I would rather move into a growth stock.
sandeep asked, what is your view on tisco
PRANAV SANGHAVI answers, I think TISCo will has become a global player in steel after its Corus acquisition. It may move sideways in the short term but in the long term I think it will do well.
Harry asked, INFY at 2020.00 ..Sell or Hold?
PRANAV SANGHAVI answers, Hold.
sunik asked, at what levels shud i enter ACC
PRANAV SANGHAVI answers, You could enter on dips or corrections.
Manoj asked, what are future posibility about IFCI
PRANAV SANGHAVI answers, One could see an EPS of about Rs. 8 in the current financial year.
ranjan asked, Hi Sir I have purchased Reliance Natural Resource Ltd shares @ 32/- but now its value is 25/-,shall i keep for some time or sell it now??
PRANAV SANGHAVI answers, I think it may not rally in the short term. So you could move into a growth stock.
nitu asked,  pranav sir good noon ! i am holding 5000 share of vishal export @ 3.0 and noida toll 1200 share @ 29 so ur kindly requested to tell me should i hold or exit from these stocks with regards NITU
PRANAV SANGHAVI answers, Good afternoon Nitu, Vishal export seems to be a penny stock but I don't follow it so wont be able to advise you. You could exit them and move into quality stocks.
rohit.prism asked, pl advise on gsfc & gnfc for time period to hold
PRANAV SANGHAVI answers, I think you could them with atleast a 12 months perspective. The budget should prove beneficial to fertilizer companies.
bas asked, i want to buy idea is this the right level to buy or should i wait for a correction
PRANAV SANGHAVI answers, I think it has moved up pretty quickly and you could wait for a dip or a correction.
suglo asked, hdfc buy or not
PRANAV SANGHAVI answers, HDFC bank has come out with excellent results and is surely a hold and a buy on dips stock.
Farook asked, hi, should I hold RComm at current level or book profit, bought @405
PRANAV SANGHAVI answers, I would hold on.
Hafiza asked, Hi Pranav, Am new to stock market. Have invested in 41 Infosys shares@1985, 20 shares of TCS@1200, Should I hold or sell. Also, wanting to invest 50k more, could you please suggestpotential stocks. Thanks.
PRANAV SANGHAVI answers, Hi Hafiza, Both the stocks are extremely strong funamentally and you could surely hold on.
PRANAV SANGHAVI says, Well it has been great chatting with you guys but unfortunately it is time for me to leave. Bye.

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