Ask Ajit: ‘Advice for small-time investor’

‘I am a small time investor and have the following stocks.
I want to understand, whether there is any point holding them or I should come out of them?’

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

Koushik Nag: I am a small time investor and have the following stocks. I want to understand, whether there is any point holding them or I should come out of them?

Though, I am not in need of money currently and can stay invested. I am 50 years old. Working in a private company. With 2 kids pursuing education.

Ajit Mishra:

I look forward to your advice on whether to buy more or hold or sell on the above mentioned stock. Some are long term and some are short term.

Murtuza inamdar: I request you to kindly advise the further action on below shares:

Ajit Mishra:

1) 20 Microns 50 nos @ 30.53 – Exit
2) Aro Granite Ind 250 nos @ 28.26 – Exit
3) Axis Bank 15 nos @ 414.10 – Hold
4) Bajaj Finserv 02 nos @ 6275.14- Hold
5) Bank of Baroda 100 nos @ 42.30- Exit
6) Cg Power & Ind solutions 2900 nos @ 22.56- Exit
7) Caplin Point Lab 15nos @578.66 – Hold
8) Dish Tv India 600 nos @ 13.72 – Exit
9) Eicher Motors 100 nos @ 2138.29- Hold
10) HDFC bank 20 nos @ 1022.94- Hold
11) Happiest Minds 10 nos @ 365.82- Hold
12) HAL 25 nos @ 1011.30- Hold
13) IOCL 250 nos @ 6.95- Hold
14) ICIC BANK 20 nos @ 346.4- Hold 9
15) IDFC First bank 200 nos @ 29.38- Exit
16) Induslnd Bank 20 Nos @525.76 – Hold
17) Infosys 5 nos @ 780.89- Hold
18) Iron Int 50 Nos @ 82. 22- Hold
19) J P Associates 1000 nos @ 4.25- Exit
20) Magma Fincorp 600 nos @ 38.92 – Exit
21) P&G Hygien 5 nos @ 10241.86 – Hold

oscar dsouza: I am in the process of consolidating my overall portfolio and getting rid of some poor investments. These are the stocks that I have in my portfolio that i feel was an error and I should exit. Please let me know if you think the same or suggest that I hold these for the long term?

These were all bought approx in 2016 after which I moved brokers hence do not have the record of what price where they bought at. Regardless of profit or loss, if you feel that these are not good quality stocks to hold for the long term, I will exit these.

Ajit Mishra:

1. Federal Bank 500 shares – Exit
2. Orbit Textiles: 400 shares – Exit
3. Salzer Electonics: 25 shares – Exit
4. PTC India Finance (PFS): 500 shares – Exit
5. Max Finance: 42 shares – Hold
6. Intellect: 20 shares – Hold
6. Grasim: 30 shares – Hold
7. Aditya Birla Capital: 42 shares – Exit

Anonymous: Your advice:

Ajit Mishra: Exit all except Castrol, GAIL, IOC, ONGC and HPCL

Surendran Nair: I am holding following shares; please help me for future course of action.

Ajit Mishra:

1. SBI 20 shares for Rs.190/- per share – Hold

2. NAM India 25 shares for Rs.300/- each- Hold

3. Coal India 50 shares for Rs.136/- each- Exit

4. JK Lakshmi Cement 25 shares for Rs.287/- each – Hold

5. Star Cement 25 shares for Rs.96/- each – Exit

ranjeev: I am holding the following portfolios, please suggest if I can have of it or buy more to average them. Please advise if I should hold it ,sell it or average it.

Ajit Mishra:

Bharti Airtel [email protected] 550 – Hold
Hal 60 @ 1082– Hold
Aarti Drugs [email protected]– Hold
Aarti Surfactant [email protected]– Hold
Tata Metallic [email protected] 578– Hold

Tahir Khan: I am regular reader of your valuable opinions on rediff. I am a long term investor. I have 75 shares of Indiabulls HOUSING @415. Presently in loss of about 19,000/-. Shall I book loss Sir or wait. I can wait for long also. Pls suggest.

Ajit Mishra: Exit

Further, pls suggest in below also. I can hold all for long term. Pls suggest to sale / hold / accumulate.

Ajit Mishra:

Coal India [email protected] – now at loss of 20,000/- approx. – Exit

ITC [email protected] – now at loss of 13,000/-approx – Hold

ONGC [email protected] – now at loss of 11,000/- approx- Hold

IOC [email protected] – now at loss of 9,000/- approx- Hold

arjun satish: I have the following query: Should I average it or sell at current levels, the following stocks.

Ajit Mishra:

manish vora: Kindly advice which stock should be hold and which to exit from the details given below:

Ajit Mishra:

3 I INFOTECH LTD. – Exit

AKSH OPTIFIBER LTD. – Exit

BANSWARA SYNTHETICS – Exit

BILCARE – Exit

BIOCON LTD. – Hold

BPL LTD. – – Exit

BRIGADE ENTERPRISES LTD. – Exit

CHAMBAL FERTILIZERS – Hold

ADROIT INFOTECH LTD. – – Exit

CONSOLIDATED FINVEST LTD. – Exit

COSMO FILMS- Exit

DANLAW TECHNOLOGIES LTD. – Exit

DATAMATICS TECHNOLOGIES LTD. – Exit

DISH TV INDIA LTD. – Exit

ECOPLAST LTD. – – Exit

EDELWEISS CAPITAL LTD. – Exit

FGP LTD. – Exit

FLUIDOMAT- Exit

PALRED TECHNOLOGIES LTD. – Exit

CAPITAL FIRST LTD. – Exit

GAIL (INDIA) LTD. – Hold

GENESYS INTERNATIONAL LTD. – Exit

MEYER LTD. – Exit

GODREJ INDUSTRIES- Exit

GUJARAT SIDDHI CEMENT- Exit

HYDERABAD INDUSTRIES – Exit

ICICI BANK LTD.- Hold

INDAG RUBBER LTD. – Exit

INDIAN METAL & FERRO ALLOYS LTD. – – Exit

INDSIL ELECTROSMELTS – Exit

ION EXCHANGE – Hold

JUPITER BIOSYSTEMS LTD – – Exit.

JYOTHY LABORATORIES LTD. Hold

KOPRAN LTD. – Hold

LOK HOUSING & CONSTRUCTION LTD. – Exit

MANALI PETRO- Exit

MANGLAM CEMENT- Exit

MERCATOR LINES LTD. – Exit

MONOZYME INDIA LTD. – Exit

MOSCHIP SEMICONDUCTORS LTD. – Exit

MOSER BAER- Exit

MRPL- Exit

NATIONAL THERMAL POWER CORPORATION- Exit

NELCO LIMITED- Exit

NLC INDIA- Exit

NHPC LTD. – Exit

NICCO CORPORATION LTD. – Exit

NIKHIL ADHESIVES LTD. – Exit

NIRLON LTD. – Exit

OIL INDIA LTD. Hold

PARSVANATH DEVELOPERS LTD. – Exit

PETRONET LNG GAS LTD.- Hold

PRICOL INDUSTRIES LTD. – Exit

RAJ RAYON LTD. – Exit

RELIANCE INDUSTRIES LTD. – Hold

RELIANCE POWER LTD. – Exit

RURAL ELECTRIFICATION CORPORATION LTD.- Hold

SANGAM INDIA LTD. – Exit

SHREE RAJASTHAN SYNTEX- Exit

STATE BANK OF INDIA- Hold

SUJANA UNIVERSAL LTD. – Exit

SUNIL HITECH LTD. – Exit

SYNDICATE BANK- Exit

SYSCHEM (INDIA) LTD- Exit.

TATA CONSULTANCY SERVICES- Hold

TATA STEEL LTD.- Hold

TRANSCHEM LTD. – Exit

TUTICORIN ALKALIES & CHEMICAL – Exit

UCO BANK – Exit

SITI CABLE NETWORK LTD. – Exit

ZEE ENTERTAINMENT ENTER LTD – Exit.

ZEE NEWS LTD. – Exit

POWERGRID CORPORATION – Hold

MOIL LTD. – Hold

THE SHIPPING CORPORATION Exit

PUNJAB & SIND BANK LTD. – Exit

SUZLON ENERGY LTD. – Exit

COCHIN SHIPYARD LTD. – Exit

DIXON TECHNOLOGIES (INDIA) LTD.- Hold

ICICI LOMBARD GENERAL INSURANCE – Hold

SBI LIFE INSURANCE CO. LTD. – Hold

INDIAN ENERGY EXCHANGE LTD. – Hold

MENON PISTONS LTD. – Exit

WEST COAST PAPER MILLS LTD. – Hold

gokul patil: I have following stocks in my portfolio, please let me advice whether I have to exit,hold or accumulate, further i want to invest Rs 2L for further 2 or 3 years.

Dewan housing [email protected], icici [email protected], Infosys [email protected], l&[email protected], l&t [email protected], [email protected], Tata [email protected], Tata [email protected], [email protected], Yes [email protected]

Ajit Mishra: Hold ICICI Bank, Infosys, L&T, L&T Finance, RIL, Tata Steel and Titan for long term.

Raju Shanmugam: I hold the following stocks. Should I hold them or sell.

Ajit Mishra:

ADANI [email protected] – Hold

[email protected] – Exit

[email protected] – Hold

[email protected] – Exit

SUNTECK276.82 – Exit

YES [email protected] – Exit

Raj Sinha: Below are my share details. Few stocks have become worthless :(. Please help. I am ok to wait for a few years for some shares.

Ajit Mishra:

Gaurav Agarwal: I hold the following stocks:

Ajit Mishra:

CENTURY TEXTILES & INDUSTRIES 100 338.12 – Exit
CG POWER AND IND SOLUTIONS LTD 2000 23.91 – Exit
VODAFONE IDEA LIMITED 1000 10.45 – Exit
LARSEN AND TOUBRO LIMITED 50 961.57 – Hold
STATE BANK OF INDIA 200 192.37 – Hold
YES BANK LIMITED 1000 15.89 – Exit if not under lock in

Please advise which to hold looking at 2-3 year horizon

S Balepur: I have the following shares of BIG BAZAR group and would like to know what happens to them after his deal with Reliance? Prices of all have collapsed. I am a long term investor. What should be done Hold / Sell? Please advice.

Ajit Mishra:

1) Future consumer – 700 Shares – Exit

2) Future Enterprises 250 Shares- Exit

3) Future retail 70 Shares- Exit

ankit jasani: I want to purchase below shares. Please suggest & Guide me.

Ajit Mishra:

1) Coal India – – Exit

2) REC India – Hold

3) PFC India- Exit

4) NLC India- Exit

5) PTC India- Exit

6) Oil India- Hold

7) BANCO Product – Hold

8) Manasakia – Exit

9) SJVN – Exit

10) Gravita – Exit

Please mail your questions to [email protected] with the subject line ‘Ask Ajit’, along with your name, and 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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