Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Here are his replies to some of the 'buy, sell, hold, avoid or exit?' e-mails that we have received.
If you want his advice on your investments, please mail your questions to getahead@rediff.co.in with the subject line, 'Stock Market Query', along with your name, and Ajit Mishra will offer his unbiased views.
Illustration: Dominic Xavier/Rediff.com
Pranab Data: I have in my portfolio the following shares: What will be the future of these companies? Please let me know. Kindly suggest some of the stocks for the long run.
Ajit Mishra:
Indian Oil Corporation (Purchased 10 years back) 2000 shares: Hold
ONGC 50 shares (holding more than one year @ Rs. 180 per share): Hold
Vedanta 30 shares (Recently purchased @ Rs. 140 each): Hold
You can also invest in stocks like Britannia, Ramco cements, L&T, M&M, Maruti, Rallis, Cummins, Nippon life, Tech Mahindra and Marico.
Suresh: I have the following shares in my account. Please advise your views for these shares.
Ajit Mishra:
1. KINGFISHER AIR:20000SHARES@9.00RS: Exit
2. CALS REFINERIES:100000@0.6RS: Exit
3. FCS SOFTWARE SOLNS:100000@0.9RS: Exit
4. RELIANCE POWER:50000@15.00RS: Exit
5. YES BANK:2000@140RS: Exit
6. UNITECH LTD:15000@3.00RS: Exit
7. TARAPUR TRANSFORMERS:2000 @20RS: Exit
8. TATA STEEL BSL LTD:2000@36.00RS: Exit
9. NTPC LTD:500@140.00RS: Hold
10. SPICEJET: 4000@ 45.00RS: Hold
Ajay Shah: I hold 20 shares of Aurobindo Pharma. Should I hold, exit or accumulate?
Ajit Mishra: Hold
Ronak Patel: What is your advice on these shares?
Ajit Mishra:
Alok industries - 36000 @ 1.88: Exit
Adani green energy - 192 @ 172: Hold
yes bank - 839 @ 54: Exit
nmdc - 200 @ 96: Hold
suzlon - 10000 @ 3: Exit
Venkat Giri: I have been holding in these stocks for more than a year. Kindly advise whether I should hold it further or sell it off along with technical views.
Ajit Mishra:
Fundamental View:
1. CG Power and Industrial Solutions Ltd: Exit
2. Crompton Greaves Consumer Electricals Ltd: Hold
Technical View:
CGPOWER: We don’t track nor do we recommend penny stocks. Please: Exit.
CROMPTON: It’s looking strong on the short-term chart. Upside it has the potential to test 285+ mark also. Immediate resistance is at 275 and support is at 265.
D K Mohan: I have the following shares. Please advise whether to hold or exit?
Yes Bank 100@171.50:
Tata Motors 100 @543.90
Ajit Mishra:
Exit Yes Bank and hold Tata Motors
Sunita Abraham: I am holding the following shares. Kindly give your expert opinion on the same:
Ajit Mishra:
Force Motors 10 Nos. @ 2065: Hold
Nippon Asset Management 100 @ 348: Hold
Ispat India 500 @13: Exit
Godrej Agrovert 50 @ 520: Hold
Bombay Rayon 400 @ 15: Exit
3A Associates: The following table is my current holding in portfolio. Can you please advise which ones I can hold and exit for medium term investment (2-5 years)?
Ajit Mishra:
Apar Ind 70 571: Hold
Atul Auto 100 346: Exit
BHEL 488 61: Exit
Balmer Lawrie 150 127: Exit
Bosch 4 17,226: Hold
Cipla 160 505: Hold
Firstsource Sol 1000 45: Exit
Guj Alkali 170 419: Hold
HEG 66 4,033: Exit
Hind Zinc 250 253: Exit
IGL 100 260: Hold
ITC 190 267: Hold
Kolte-Patil 100 256: Hold
Larsen 910 1,282: Hold
Lupin 90 759: Hold
MOIL 34 178: Exit
Mayur Uniquoter 200 290: Exit
MphasiS 118 1,190: Hold
NESCO 50 439: Hold
New India Assur 60 335: Hold
Petronet LNG 100 215: Hold
Quess Corp 75 504: Hold
Rane Brake 60 555: Hold
Reliance 9 800: Hold
S Chand and Co 44 670: Exit
Selan Explore 224 165: Exit
Siemens 60 936: Hold
Sun TV Network 80 554: Exit
Thomas Cook 400 126: Exit
Titan Company 80 1,028: Hold
United Drilling 1200 180: Exit
Voltas 14 516: Hold
West Coast Pap 80 230: Exit
Yes Bank 100 227: Exit
eClerx Services 17 1,020: Exit
Karan Sanghvi: THESE ARE THE FEW OLD STOCKS WHICH WE ARE: HOLDING SINCE OVER 3 YEARS. PLEASE INFORM IF I SHOULD KEEP OR Exit THESE STOCKS.
Ajit Mishra:
• Anuh Pharma - NSE - 24/01 (15:40): Exit
• BF Investment: Exit
• BF Utilities: Exit
• Dhunseri Tea: Exit
• Dhunseri Venture: Exit
• GOCL Corp: Exit
• Gulf Oil Lubricants: Hold
• HUL: Hold
• IDBI Bank: Exit
• INOX Leisure: Hold
• Infosys: Hold
• Integra Engg: Exit
• JSW Steel: Hold
• LEEL: Exit
• Mukand: Exit
• Mukta Arts: Exit
• Noida Toll: Exit
• Praj Industries: Exit
• Ramcoind: Hold
• ST Corporation: Exit
• Splendid Metal: Exit
• Supreme Petro: Exit
• Swelect Energy: Exit
• TCS: Hold
• Tata Chemicals: Hold
• Tata Inv Corp – NSE: Hold
• VIP Clothing – NSE: Exit
• WS Industries: Exit
Sivakumar Arumugachami: Your advice for these stocks:
Ajit Mishra:
- Aditya Birla F 1110 152.08: Exit
- Amara Raja Batt 30 820.7: Hold
- Ashok Leyland 1000 38.71: Hold
- Ashoka Buildcon 450 105: Hold
- Axis Bank 100 497.55: Hold
- BPCL 150 335.87: Hold
- Berger Paints 100 236.5: Hold
- Bharat Forge 216 445.58: Hold
- Biocon 160 306.46: Hold
- CG Consumer 325 151.62: Hold
- Castrol 350 139.74: Hold
- City Union Bank 1000 59.69: Hold
- Coal India 200 234.56: Hold
- DCB Bank 1000 84.75: Hold
- Dalmia Bharat 200 274: Exit
- Divis Labs 150 626.45: Hold
- Edelweiss 2500 49.55: Exit
- Escorts 400 120.79: Hold
- Exide Ind 240 208.64: Hold
- Federal Bank 1000 66.12: Hold
- HDFC Bank 50 1137.5: Hold
- HPCL 200 261.69: Hold
- HUL 50 919.6: Hold
- ICICI Bank 660 189.25: Hold
- IGL 500 46.01: Hold
- IOC 800 143.25: Hold
- Indian Hotels 1100 97.93: Hold
- IndusInd Bank 60 815.58: Hold
- Infosys 88 328.69: Hold
- Interglobe Avi 100 813.77: Hold
- Jamna Auto 1750 27.99: Hold
- KEI Industries 500 56.58: Hold
- Larsen 22 304.77: Hold
- Mahanagar Gas 125 782: Hold
- Maruti Suzuki 7 6889.6: Hold
- NBCC (India) 1500 52.08: Exit
- NIIT 1625 84.74: Hold
- Natco Pharma 100 471.22: Hold
- Oberoi Realty 100 523.58: Hold
- Orient Electric 3800 0: Exit
- Orient Paper 3800 26.68: Exit
- Page Industries 5 19900: Hold
- Power Grid Corp 1000 81.66: Hold
- Reliance 100 503.36: Hold
- SBI 400 167.7: Hold
- Shriram Trans 80 755.94: Hold
- Simmonds-Marsha 530 19.42: Exit
- Strides Pharma 50 1044.63: Hold
- Sudarshan Chem 150 342: Hold
- Sun Pharma 250 816.2: Hold
- TCS 28 157.31: Hold
- TVS Motor 100 466.71: Hold
- Tata Comm 230 429.73: Exit
- Tata Steel Long 225 485.41: Exit
- Trident 3500 6.91: Exit
- UltraTechCement 55 2829.02: Hold
- United Spirits 350 513.8: Hold
- Vedanta 350 163.38: Hold
- Vinati Organics 675 463.57: Hold
- Voltas 100 413.1: Hold
Rajguddu: Please advise me on following stocks:
Ajit Mishra:
- Ashok Leyland 120@133.3: Hold
- BGR Energy Systems: 50@400: Exit
- Indian Oil Corp: 30@178.8: Hold
- Indian Overseas: 100@17.4: Exit
- National Fertilizers: 100@102: Hold
- ONGC: 11@266: Hold
- Punj Lloyd: 60@111: Exit
- REI Agro Ltd: 1000@20.97: Exit
- Reliance Power L: 250@109.6: Exit
- RCom Ltd: 60@190: Exit
- Suzlon Energy Ltd: 180@64.31: Exit
- United Bank of India: 100@12.9: Exit
ASHOK KULKARNI: I am holding the following stocks. Kindly let me know when I should exit from these stocks without loss.
Ajit Mishra:
- jsw steel 200 shares @ 280: Hold with Strict Sl at 240
- Mirza inter. Shares @ 82: Hold with Strict SL at 50
- Amara raja 20 shares @ 750.00: Though it is a strong counter but considering the chart pattern, the on-going profit booking can extend further. Book partial profit at the current level at 784 and hold rest with SL at 754
- Tech Mahindra 19 shares @ 757: Strong on the chart
- Hold with SL at 784: Immediate Resistance is at 810
- HIL 20 shares @ 1080: Book part profit at the current level (1438) and hold remaining position with SL at 1385.
Ravish Nair: Please advice the stocks which I have. Can I hold for long term?
Ajit Mishra:
- Everest Kanto Cylinder- 427 shares @ 42: Hold
- Signet Industries- 245 shares @ 79: Exit
- Jai corporation- 20 share @ 160: Exit
- Skipper Ltd- 101 share @ 111: Exit
Vijay H: Please suggest if I should hold or exit or add.
Ajit Mishra:
Indiabulls Housing Finance – 190 shares @ Rs 528.15: Exit the stock
Bitchapogu Anthaiah: I am from Hyderabad. I would like to have your advice on the shares given below. I will be grateful to you for your wisdom and advice.
Ajit Mishra:
1. Sunil Hightech Engineers No.30000 @ Rs. 12.86: Exit
2. Yes Bank No.500 @ Rs. 167.70: Exit
3. Federal Bank No.1000 @ Rs. 91.00: Hold
4. Tanla Solutions No.20000 @ Rs. 37.60: Exit
5. IOL Chemical and Pharmaceuticals No.1100 @ Rs. 128.46: Exit
Shantesh G Gollagi: I am holding the following shares in portfolio for the last 8 months. Please advise as sell/hold. Also, suggest for long term (5-10yrs) view of these stock.
Ajit Mishra:
1. Comfort Intech 2000 @ Rs. 14.5: Exit
2. Larsen and Turbo 100 @ Rs. 1301: Hold
3. Infosys Ltd. 100 @ Rs. 755: Hold
Ajit Mishra is vice president, Research, Religare Broking. He can be reached at ajit.mishra@religare.com
Disclaimer: This article is meant for information purpose 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.
