ASK AJIT: 'How can I make money?'

Illustration: Uttam Ghosh

'I come from very poor background. I want to be grow financially strong.'
'I had seen my parents borrow money from others for my education and for home needs.
I want to make my family proud.'
'I want to make my father happy by putting him in a position that he lends money to someone who is in need.
I am working and as of now I am earning Rs 20,000 in hand.'
'I am investing Rs 5,000 in mutual funds. I am thinking to invest slowly a small amount in stock market also. Could you please suggest me how can I make money?'

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

Abhishek Chaurasia: I need some view of Mr Ajit Mishra on my portfolio which are mention below: please do let me know HOLD or EXIT.

Ajit Mishra:

Alembic Pharma @971	Hold
Black Rose Indus @136	Hold
HDFC Life Insur. @572	Hold
Indian Hotels Co @67	Exit
IOL Chemicals @819	Hold
Manappuram Fin. @159	Hold
Trident @7.30	Exit
Yes Bank @16.57	Exit

Sugavanam Padmanaban: Looking for long term investment (3-5Y) for Wealth creation and hold the following stocks in my portfolio. Could you suggest for adding more and weightage split? Thanks in advance for your support.

Ajit Mishra: You can add Aurobindo, Coromandel, SBI Cards and ITC in a staggered manner

Aurobindo pharma- 15 @700	Hold
Coromandel International - 15 @ 515	Hold
Dhabriya Polywood - 50 @ 150	Exit
Eicher motors - 5 @ 2200	Hold
IDFC bank - 900 @37	Exit
ITC ltd -80 @180	Hold
Jk Tyre -170 @160	Hold
Manappuram - 60 @ 165	Hold
SBI Card - 9 @755	Hold
Tata Chemicals - 30 @ 650	Hold
Tata Consumer - 80 @ 200	Hold
OCCL - 100 @ 750	Exit
Ambika Cotton - 100 @600	Exit
L&T -100 @850	Hold
Rajesh Exports - 10 @450	Exit

Rony Chirayath: I have bought Indiabulls Hosuing Finance qnty of 4800 @330/share last year November 2019 please advice me what should I do. Will be very thankful to you with your honest advice.

Ajit Mishra: Exit the stock

Nithy S: Thank you for providing expert opinions. I have a few stocks that I'm holding for a while and need your inputs on that.

Ajit Mishra:

S.No	Stock	Qty	Avg.Price	Total Investment	Opinion
1	BEL	409	145.56	Rs 59,534.04	Hold
2	HBL Systems	100	55.75	Rs 5,575.00	Exit
3	ITC	17	277.06	Rs 4,710.02	Add
4	Karur Vysya Bank	100	107.24	Rs 10,724.00	Exit
5	Union Bank	180	91.17	Rs 16,410.60	Exit
6	Yes Bank	1032	18.89	Rs 19,494.48	Exit

Jay Pandya: I am holding following share for past more than one year which are all in negative returns as of today. Could you please advise on whether to hold or sell and book the loss:

Ajit Mishra:

Bharti Airtel- 100 nos. @550/-	Add
Birla Corporation -140 nos. @1100/-	Hold
C G Power - 400 nos. @ 160/-	Exit
Coal India -200 nos. @325/-	Exit
HPCL -100 nos.@ 275/-	Hold
Indian Oil-320 nos. @188/-	Hold
ONGC-100 nos.@220/-	Exit
Piramal Enterprises-550 nos. @2430/-	Hold
Power grid Corporation-450 nos.@195/-	Hold
REC Ltd- 100 nos. @143/-	Exit
SBI-200 nos. @250/-	Hold
Somany Ceramics- 100 nos. @648/-	Hold
Sun Pharma- 200 nos. @810/-	Hold
Tata motors -150 nos.@290/-	Hold
Tata Steel- 50 nos. @505/-	Hold
Yes Bank-100 nos.@ 304/-	Exit

Anonymous: I am a Regulatory Pharmacist in a Pharmaceutical company. I come from very poor background. I want to be grow financially strong, I had seen my parents borrow money from others for my education and for home needs. Many times my mother used to borrow rice from neighbours. I want to make my family proud. I want to make my father happy by putting him in a position that he lends money to someone who is in need. I am working and as of now I am earning Rs 20,000 in hand.

I am investing Rs 5000 in mutual funds. I am thinking to invest slowly a small amount in stock market also. Could you please suggest me how can I make money in other ways? I will wait for your suggestions sir.

Ajit Mishra: You can start investing in Nifty stocks such as Britannia, Dabur, TCS, Infosys, Reliance Industries, HDFC, Axis bank, ICICI bank, etc in staggered manner for long term. These stocks have decent fundamentals, good growth prospects and prudent management.

Sunil Kapoor: we should hold the stock of PVR & VI now or sell it because these shares not growing.

Ajit Mishra: Hold PVR and Exit VI

M SHARMA: hello I have following stocks in my portfolio. Please advise on them

Ajit Mishra:

Adani Green@727	Exit
Adani Ports@357	Hold
ADVENZYMES@ 340	Hold
Cadila HC@ 433	Hold
CDSL at 493	Hold
IGL@392.68	Hold
Jubilant @728	Hold
SRTRANSFN @654	Hold
Sunpharma @521	Hold

Chandan Sharma: Here is my current holding. Please help me with your opinion on whether to hold or to dispose. Also let me know if I can add any of them further:

Ajit Mishra:

AARTI INDUSTRIES LTD @1128	Hold
ASTER DM HEALTHCARE LTD @102	Exit
BF UTILITIES LIMITED @166	Exit
CAPRI GLOBAL CAPITAL LIMITED@ 225	Exit
EIH LIMITED@ 90	Exit
G N A AXLES LIMITED @168	Hold
HIL LIMITED@ 1633	Hold
VODAFONE IDEA LIMITED@ 4	Exit
LINCOLN PHARMACEUTICALS LTD @253	Exit
NIPPON LIFE IND ASSET MANAGEME@ 293	Hold
SOUTH INDIAN BANK LTD@ 6	Exit
TATA MOTORS LIMITED@ 75	Hold
THYROCARE TECHNOLOGIES LIMITED@ 553	Hold
TIPS INDUSTRIES LIMITED@ 183	Exit
YES BANK LIMITED@ 15	Exit

Nitin Yadav: Please advise on my current holdings:

Ajit Mishra:

Exide Industries Ltd. 100 @159.66	Hold
DCB Bank 100 @84.20	Exit
SBI 100 @192.10	Hold
Ashok Bulidcoin 100 @66.45	Exit
Sadbhav Engg 25 @270.50	Exit
Equitas Holding 100 @51.61	Exit
SBI Cards 19 @755	Hold
Coal India 200 @130	Exit
ICICI Pru Bharat 22 ETF 695 @35.97	Hold
Castrol India 100 @128.82	Hold
IOCL 200 @87.65	Exit
Kalptaru Power 100 @250.25	Exit
Dish TV 50 @81.21	Exit
Snowman Logistics 100 @50.05	Exit
VRL Logistics 65 @205	Exit
Gujrat Piplav Port 200 @76.81	Hold

ajay kumar: I am not a regular investor but having following shares: Please advise whether should I sell or hold

Ajit Mishra:

(1) Minda Corporation Limited - 12000 numbers @ Rs. 65/-	Hold
(2) Vedanta - 200 shares @ Rs. 95/-	Exit

anil shah: Please review my portfolio. Please tell your views on hold or add or exit

Ajit Mishra:

1. Petronet LNG	Hold
2. City Union Bank	Exit
3.Britannia	Hold
4. Interglobe Aviation	Hold
5. Rallis India	Hold
6. Muthooth Finance	Hold
7.Piramal Enteprises	Hold
8.Aurobindo Pharma	Hold
9.Indian Hotels	Hold
10.Gujarat Heavy Chemicals Limited	Hold

Anil Kashi: Please suggest should I hold or exit the following stocks

Ajit Mishra:

1) Guj.St.Petronet	Hold
2) Hindustan Aeronautics	Hold
3) Mahindra Logistics	Hold

Subhasish Maity: I have read your article and recommendations on share market. Thanks you and Rediff for sharing your views which is very impressive and unbiased recommendation. Please advise your opinion on my below portfolio & will be highly appreciated.

Ajit Mishra:

Company Name	Qty	Average Cost Price	Sell / Hold recommendation
FORCE MOTORS LIMITED	30	3509.5	Exit
METALYST FORGINGS LTD	220	341.94	Exit
MRF LTD	2	62645	Hold
ZF STEERING GEAR (INDIA) LIM	30	683.29	Exit
EQUITAS HOLDINGS LIMITED	600	165.61	Exit
LT FINANCE HOLDINGS LIMITED	300	103.7	Hold
MULTI COMMODITY EXCHANGE	1	1753.3	Hold
PTC INDIA FINANCIAL SERVICES L	1000	34.92	Exit
UCO BANK	350	39.09	Exit
DECCAN CEMENTS LTD	17	586.44	Exit
PRIVI SPECIALITY CHEMICALS LTD	50	570.91	Hold
APCOTEX INDUSTRIES LIMITED	100	166.61	Exit
ASAHI SONGWON COLORS LTD	200	217.23	Hold
ASHOK ALCO-CHEM LTD	1200	85.49	Exit
AKSHARCHEM (INDIA) LTD	500	245.94	Hold
BHAGERIA INDUSTRIES LIMITED	1070	160.79	Hold
INDIA GELATINE & CHEMICALS LTD	88	98.41	Exit
PLASTIBLENDS INDIA LIMITED	800	221.82	Hold
S H KELKAR AND COMPANY LIMITED	200	313.73	Exit
SHREE PUSHKAR CHEMICALS	200	252.4	Exit
TITAN BIO-TECH LTD	100	169.78	Exit
TYCHE INDUSTRIES LTD	120	262.49	Exit
UPL LIMITED	150	471.09	Hold
VIKAS ECOTECH LIMITED	100	6.02	Exit
ASHOKA BUILDCON LIMITED	1300	94.88	Exit
MADHAV MARBLES & GRANITES LTD	2300	57.53	Exit
SOBHA LIMITED	100	338.4	Hold
UNITECH LTD	2200	18.31	Exit
BOROSIL LIMITED	100	159.42	Hold
TREE HOUSE EDUCATION & ACCESSO	600	17.52	Exit
DELTA MANUFACTURING LIMITED	266	0	Exit
FINOLEX CABLES LTD	150	403.11	Hold
INOX WIND LIMITED	300	156.51	Exit
MIC ELECTRONICS LIMITED	4000	9.84	Exit
SHAKTI PUMPS (INDIA) LTD	50	226.59	Hold
UJAAS ENERGY LIMITED	2000	37.1	Exit
VA TECH WABAG LIMITED	100	592.81	Exit
CCL PRODUCTS INDIA LIMITED	100	333.89	Hold
GODFREY PHILLIPS INDIA LIMITED	80	1104.6	Hold
PIDILITE INDUSTRIES LTD	10	1621.7	Hold
SKM EGG PRODUCTS EXPORTS (INDI	460	134.04	Exit
USHER AGRO LIMITED	2000	11.39	Exit
VARUN BEVERAGES LIMITED	30	805.86	Hold
ZYDUS WELLNESS LIMITED	2	1840.8	Hold
HELIOS & MATHESON INFORMATION	1200	70.28	Exit
BIRLASOFT LIMITED	50	248.89	Hold
HIND ALUMINIUM INDUSTRIES LTD	100	82.3	Exit
JINDAL STEEL & POWER LIMITED	200	199.39	Hold
TATA STEEL LONG PRODUCTS LTD	150	552.58	Hold
3M INDIA LIMITED	4	21142	Hold
VIKAS PROPPANT AND GRANITE LTD	1000	2.68	Exit
VIKAS MULTICORP LIMITED	20	10.14	Exit
BALLARPUR INDUSTRIES LIMITED	100	1.42	Exit
ALEMBIC LTD	340	102.36	Hold
ALPA LABORATORIES LIMITED	400	43.84	Exit
ANUH PHARMA LTD	130	157.56	Exit
CORAL LABORATORIES LTD	53	731.54	Exit
JAGSONPAL PHARMACEUTICALS LIMI	400	41.05	Exit
MANGALAM DRUGS AND ORGANICS	235	325.61	Exit
MARKSANS PHARMA LIMITED	900	81.52	Hold
SYNCOM FORMULATIONS (INDIA) LT	13000	2.52	Exit
EMMBI INDUSTRIES LTD	300	109.39	Exit
EPL LIMITED	10	255.65	Exit
KANPUR PLASTIPACK LIMITED	833	148.66	Exit
PRIMA PLASTICS LTD	400	154.58	Exit
SINTEX PLASTICS TECHNOLOGY LTD	1000	92.03	Exit
ABAN OFFSHORE LTD	300	315.65	Exit
GOL OFFSHORE LIMITED	1000	10.59	Exit
FUTURE RETAIL LIMITED	200	131.99	Exit
MIRZA INTERNATIONAL LIMITED	200	159.59	Exit
AEGIS LOGISTICS LTD	20	235.72	Exit
GATI LIMITED	500	262.75	Exit
GUJARAT PIPAVAV PORT LIMITED	250	188.76	Exit
SHREYAS SHIPPING AND LOGISTICS	200	778.79	Exit
VODAFONE IDEA LIMITED	800	9.64	Exit
ALOK INDUSTRIES LIMITED	100	27.4	Exit
KITEX GARMENTS LTD	112	468.71	Exit
RSWM LIMITED	200	404.79	Exit
RUBY MILLS LTD	200	401.58	Exit
SANGAM (INDIA) LTD	700	264.82	Exit
SINTEX INDUSTRIES LTD	300	35.58	Exit
TRIDENT LTD	100	8.08	Exit
VALSON INDUSTRIES LTD	2500	40.15	Exit
ASHOK LEYLAND LTD	400	87.27	Hold
BANK OF BARODA	350	200.36	Exit
PONDY OXIDES & CHEMICALS LIMIT	100	291.37	Exit
IL&FS Engineering and Construc	700	106.67	Exit
IRB INFRASTRUCTURE DEVELOPERS	200	284.69	Exit
TATA COFFEE LTD	200	136.14	Exit
WATERBASE LIMITED	350	195.6	Exit
COX AND KINGS LIMITED	150	106.18	Exit
ROLTA INDIA LTD	300	157.05	Exit
VAKRANGEE LIMITED	100	292.84	Exit
SRIKALAHASTHI PIPES LIMITED	100	225.81	Exit
ALBERT DAVID LTD	95	699.64	Exit
SMS PHARMACEUTICALS LTD	200	109.91	Hold
JAI CORP LIMITED	200	131.73	Exit
OIL AND NATURAL GAS CORPORATIO	150	282.34	Exit

rajesh shah: Whether to hold or exist for following stocks

Ajit Mishra:

1) ITC	Hold
2) L & T Technology Services	Hold
3) Ugar Sugar	Exit
4) Shree Renuka Sugar	Exit
5) Zee Entertainment	Exit

Mushtaq Shaikh: I have following portfolio, please suggest next course of strategy

Ajit Mishra:

Vguard - 100 @ 174	Hold
Alembic Ltd - 140 @ 95	Hold
APL LTD - 15 @ 1025	Hold
ONGC - 600 @ 170	Exit
Jyothy Lab - 70 @ 142	Hold
DalBharat - 35 @ 788	Hold
BEL - 100 @ 115	Hold
FRetail - 100 @ 162	Exit

prashant ratnakar kulkarni: I do short term equity investments & used to earn small profits. I lost lot of money previously in Short sell/buy as well. Currently i am holding a lot of shares of ONGC @75.5 average price but ONGC share hasn't touched even 75 since past 2 months. I have decided to start selling them at loss since all this is loan amount & i have to pay monthly EMIs.

So could you please advise what will be the ideal price to sell them at this situation since i expect stock market getting correction in coming days?

Ajit Mishra: ONGC is now trading at 110. In case you want to book, you can.

Also advise when doing short term investments in equity shares, how many companies shares my portfolio should have to minimize risk & maximize profits assuming that funds is not a problem.

Ajit Mishra: Well, for short-term investment, we don’t advocate making fresh investment at current levels after the recent rally. For long term investments, you can invest in stocks such as Dabur, Britannia, M&M (on dips), Inox Leisure, ICICI Bank, Axis Bank, Ambuja cements, Reliance Industries, Ramco cements, Bharti Airtel, IRCTC, Alembic pharma, Natco Pharma.

Nachiappan Chidambaram: I have the following stocks for last three four years. Please advise whether to hold or exit.

Ajit Mishra:

1.Sanjivani Parentals 3000 shares at Rs14.50 average	Exit
2.Moschip Tech 1000 shares at Rs50	Exit
3.Gurajat NRE Coke 8000 shares at Rs4.00	Exit
4.RPOWER 75 SHARES AT Rs400	Exit
5.Rcomm 100at Rs430	Exit
6.Alok Industries 10000 at Rs48	Exit
7.TTML 1000 shares at Rs15	Exit
8.Usha Martin 300 shares at Rs50	Exit
9.Caplin Labs 350at Rs400	Hold
10.Punjlloyd 10000 shares at Rs 14.50	Exit
11.JP ASSOCIATES 5000 Shares at Rs14	Exit
12.JP POWER 5000 shares at Rs4.00	Exit
13.G G Automobile 100 shares at Rs20	Exit
14.Yes Bank 100 shares at Rs45.00	Exit

Mita Deshpande: Please review my portfolio. Pl suggest to exit or hold or add.

Ajit Mishra:

Tata motors - 250 Shares @ avg price 170	Hold
Ircon international - 150 shares @ 93.50	Exit
Hdfc Bank - 25 shares @ 1112	Hold
Shriram transport finance - 20 shares @ 655	Hold
Petronet LNG - 20 Shares@ 261	Hold
Sail - Not invested yet. Whether I should	No

Any other shares you would suggest.

Ajit Mishra: Apart from above stocks, you can invest in Coromandel, Natco Pharma, M&M (on dips), Sudarshan Chemical and SBI life

Illustration: Uttam Ghosh/Rediff.com

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.