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Home  » Get Ahead » Ask Ajit: 'Bought shares at peak; please advice'

Ask Ajit: 'Bought shares at peak; please advice'

By AJIT MISHRA
March 30, 2021 08:55 IST
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'I have bought some shares at high price, DURING PEAK TIME; kindly advise what to do.'

Illustration: Dominic Xavier/Rediff.com

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


Jayanthi Muthu: Can you please advice if we need to go for the TCS buyback @Rs. 3000 or is it wise to hold. If it has to be held, what price can we expect post buyback.

Ajit Mishra: Buyback is done. Hold for long term

Rahul Sai: I am a beginner in stock market. I am confused whether to hold or sell in these stocks please suggest me your opinion for short term:

Ajit Mishra:

Coromandal-26@654 - Hold

Escorts-31@1106 – Hold

Manappuram-257@167.4 - Hold

Sir due to heavy rains in Andhra and Telangana crops have damaged will it effect Coromandel as it operates mainly in these regions. 

Ajit Mishra: No it won't affect Coromandel.

vaibhav lakhotiya: I have a long-term horizon. Request you to please provide your view on the below stocks.

Ajit Mishra:

* Gujarat Gas @ 307.17- Hold

* Gujarat Sidhee Cement @ 32.37 - Exit

* HCL Tech @ 841- Hold

* HDFC Bank @811- Hold

* Birlasoft @ 198.47- Exit

* Laurus Labs @103 (Post-Split Price) - Hold

* Motherson Sumi @ 97

* ONGC @70- Exit

* Rail Vikas @ 20.14 - Exit

* Rites @ 240- Hold

* Sumitomo Chemicals @ 289- Hold

* Vikram Thermo @ 209

Sam Sunder Raj: Kindly advise me on these shares, whether to hold, exit or add:

Ajit Mishra:

Emami Ltd  100 @ 393.60- Hold

Hindalco  200 @ 175.00- Hold

VIP Industries Ltd  100 @ 307.80- Hold

ITC Limited  50 @ 179.00- Hold

Tata Motors Ltd.  100 @ 143.80- Exit

Bharti Airtel  50 @ 445.10- Hold

Escorts Ltd.  10 @ 1307.00- Hold

Aurobindo Pharma  25 @ 837.00- Hold

HAL  25 @ 874.00- Hold

Yes Bank Ltd  6,000 @ 15.00 – Exit if not under lock in

Tech Mahindra  60 @ 869.00- Hold

Wipro Ltd.  250 @ 372.60- Hold

Infosys Ltd.  50 @ 1146.00- Hold

Coforge  40 @ 2666.00 - Hold

HCL Tech  80 @ 896.20- Hold

SBI  100 @ 194.10- Hold

Axis Bank  100 @ 497.70- Hold

Bandhan Bank  100 @ 312.00- Hold 

Mahesh Patil: I have SBI 440 shares @203. What should I do?

Ajit Mishra: Hold

RAMACHANDRAN NAIR: Please suggest on my following holdings:

Ajit Mishra:

Alphageo india@835 - Exit

Andhra bank@96 - Exit

Atul auto@458- Exit

Bob@145- Exit

Clariant@730- Exit

Hindustan media@250- Exit

Indo count@92- Exit

Iox wind@164- Exit

Lovable lingerie@246- Exit

Lupin@1405- Hold

Pennar ind@81- Exit

Sun pharma@633- Hold

Tata motors@334- Hold

Somashekar RK: I am holding the following stocks whose where about is not known. Mean, whether they still exist, or name change etc. Please let me know.
 
1.  Celeste International --
2.  Pittie Finance Ltd-
3.  Anco communications
4.  Sunku Auto ltd
5.  Ganesh Unhydrude
6.  Cosmos leather Exports ltd.
7.  Nova granites
8.  Agrimarine exports ltd.
9.  NTPC Tea gardens
10.  Jay Agrochem Ltd
11.  Asian consolidated Industries Ltd
12.  Titan Foods and Fashions
13.  Ready Foods
14.  Richiman silks ltd
15.  HJS stones Ltd
16.  Nexus software ltd
17.  Richiline Pharma Ltd.
18.  Hotel Krishna International Ltd
19.  Bafna Spinnin Ltd
20.  Nippon Denro Ispat ltd
21.  ELB Schliff

Ajit Mishra: Our prima facie assessment suggests that these stocks are not listed currently. Please connect with investor relations of each company.

Dr Mohitraj Parihar: I have 140 shares of DLink India @111. What is future prospect of this company? Should I hold or exit, what should be my stop loss? I can hold for long term if required.

Ajit Mishra: We would recommend to Exit.

CHANDAN CHATTOPADHYAY: I have 400 shares of SBI @210, 21000 shares of Unitech @9.40 & 4000 shares of MTNL @9. Kindly suggest.

Ajit Mishra: Hold only SBI, rest Exit.

NARESH KUMAR: I have bought following shares at high price, DURING PEAK TIME; kindly advise what to do:

Ajit Mishra:

ABAN OFFSHORE - 500 SHARES - - Exit

AB CAPITAL - 1000 SHARES- Exit

BLS INTERNATIONAL SERVICES - 200 SHARES- Exit

CENTRUM CAPITAL - 500 SHARES- Exit

EDELWEISS FIN SERVICES - 500 SHARES- Exit

DHANLAXMI BANK - 500 SHARES- Exit

GATI - 500 SHARES- Exit

HFCL - 400 SHARES- Exit
\
IDBI BANK - 200 SHARES- Exit

IDFC BANK - 200 SHARES- Exit

IDFC - 200 SHARES- Exit

ITC - 200 SHARES- Hold

KARNATAKA BANK - 500 SHARES- Exit

L&T FINANCE - 500 SHARES- Hold

OPTO CIRCUITS - 2000 SHARES- Exit

PIRAMAL ENTERPRISES - 100 SHARES- Hold

PRAJ INDUSTRIES - 200 SHARES- Exit

RASHTRIYA CHEMNICALS - 200 SHARES- Exit

RATTAN POWER - 5,000 SHARES- Exit

SHREE PUSHKAR CHEMICALS - 300 SHARES- Exit

SUMITOMO CHEMICALS - 200 SHARES- Hold

SUZLON - 2000 SHARES- Exit

TILAK NAGAR INDUSTRIES - 500 SHARES

YES BANK - 1000 SHARES- Exit if not under lock in.

Avinash Darekar: Dear Sir, I have 150 Laurus Lab @270, Neuland Lab 9@1050, gmmpfaudlr 5@4500, AU Small bank 10@740. So kindly advice on same. 

Ajit Mishra: Hold all stocks

ASHOKE KUMAR BANERJEE: Kindly advise to exit or hold the following stocks. Purchase price noted. Regards.

Ajit Mishra:

Adani Green Energy 20- Exit

IRB Infra 215- Exit

KNR cons 304- Hold

Dilip build con 825- Exit

Va tech wabag 255- Exit

City union bank 185- Exit

Hudco 58- Exit

Himadri special chem 115- Exit

Coal india 295- Exit

Orbit export 113- Exit

Navneet 90- Exit

Krishna: My portfolio. Kindly advise me.

Ajit Mishra:

Ashok Leyland - 600 @110 per share- Hold

Avanti Feeds - 500 @356 per share - Hold
 
GMDC  - 500 @ 105 per share - - Exit

ITC - 600 @ 254 per share- Hold

JK Paper - 1000 @ 153 per share- Exit

Nocil - 200 @ 171 per share- Hold

Polyplex l- 400 @303 per share- Exit

Sarda Energy - 90 @ 421 per share- Exit

West Coast paper - 900 @ 265 per share- Exit

Yes Bank - 200 @ 12.85 per share- Hold only if under lock in

Yogesh Shah: Bought:  RIL-75 @ Rs.2,025; Infosys-50@ Rs. 1,084; TCS-50@ Rs.2,660; Titan-50@ Rs.1,220

Ajit Mishra: Hold all stocks.

swamynathan k: I'm holding gmmpfaulder 15 nos @4200, would need your sincere suggestion.

Ajit Mishra: Hold

Gauri Marathe: Please let me know your opinions on following stocks:

Ajit Mishra:

Syngene international - Hold

HDFC AMC- Hold

Alchem labs - Hold

Petronet LNG- Hold

SBI- Hold

bikramjit sen: i have the following shares and am a long -investor. Kindly share your views on them. Also out of these to which shares should i keep on adding for a long term 7-10 years approach? Also advise on a couple of shares which might give excellent returns over a long term period.

Ajit Mishra:

Arvind Fashions LTD  - 6- Exit
Arvind LTD - 34- Exit
Arvind Smartspaces LTD - 3- Exit
Bandhan Bank LTD – 100 - Exit
BHEL – 273 - Exit
HDFC AMC - 10- Hold
ICICI BANK - 38- Hold
ITC Ltd -100- Hold
L&T Ltd-29- Hold
Sun Pharmaceutical Industries Ltd - 62- Hold
Tata Motors Ltd - 250- Hold
Tata Steel Ltd - 50- Hold
The Anup Engineering Ltd – 1- Exit

Manish M: I have the following stock and request your advice on them:

Ajit Mishra:

Federal Bank - 100@57.56- Hold

HDFC Bank - 10@ 1055.18- Hold

Infosys - 10@682- Hold

IRCON - 100@95.6- Exit

ITC - 110@207.5- Hold

Petronet LNG - 25@244.36- Hold

Reliance - 10@1145- Hold

SBI - 10@185.22- Hold

Siemens - 10@1165- Hold

TCS - 5@1938- Hold

Titan - 10@1135- Hold

Gautam R Raval: I am a retired person & am holding the following stocks. Kindly advice on these stocks if I should continue to hold or exit?

Ajit Mishra:

Atul Ltd.. 3 @ 6303/- Hold
Avanti Feeds - 50 @ 684/-
Axis bank - 150 @ 765/-- Hold
Bajaj Auto - 2 @ 2885/-- Hold
Bajaj Holding - 148 @ 3797/- Hold
Century Extrusion - 1000 @ 6.92
Divis Lab - 5 @ 2301/-- Hold
Dr. Reddy's - 5 @ 4675/-- Hold
Gati - 50 @ 47/-- Exit
General Insurance - 32 @ 456/- - Exit
HUL - 2 @ 2181/-- Hold
IRCTC - 1 @ 1421/-- Hold
Indian Energy Exchange - 200 @ 203/- Hold
Infosys - 10 @ 751/-- Hold
Kotak Bank - 100 @ 1717/-- Hold- Hold
Larsen & Toubro - 50 @ 1500/-- Hold
Pfizer - 4 @ 4094/-- Hold
Pidilite - 5 @ 1440/-- Hold
RIL PP - 166 @ 851/- Hold -
RIL - 2496 @ 400/-- Hold
SBI - 100 @ 371/-- Hold
Sterling & Wilson - 100 @ 326/-- Exit
Tata Motors - 250 @ 138/-- Hold
Tata Motors DVR - 300 @ 58/-- Hold
TCS - 5 @ 2228/-- 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.

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