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Stocks you can hold for the short term

October 26, 2020 09:39 IST

Illustration: Uttam Ghosh/Rediff.com

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

 

Om Prakash Belani: Sir I like to invest RIL pp share 5 lakh can I buy from market also tell future of this share invest for 2 year.

Ajit Mishra: Yes, one can accumulate the company on every dips. The long term growth prospects remains promising led by strong performance by Jio as well as Retail.

Pankaj Kumar: I am holding 51 Indusind Bank Shares bought at ₹534 pers share. What should I do? 

Ajit Mishra: We would recommend to shift to ICICI bank or Axis Bank.

NIKUNJ AJMERA: Please suggest me on following shares:

Ajit Mishra:

Ashok Leyland 216*75₹ - Hold

Rpower8400*3.8₹ - Exit

Nagarjuna fertilizer 5000*5₹ - Exit

Hdil2000*16₹ - Exit

Hfcl2000*12₹ - Exit

Rcom1000*2.5₹- Exit

Irctc5*1750₹- Hold

Mrpl200*38₹ - Exit

rajesh: I am long term investor and the following are in my portfolio, kindly advice either to hold or come out. 

Ajit Mishra:

  1. The Federal Bank Ltd 1500@ Rs112 – Prefer ICICI Bank
  2. Tata Motors 30@ Rs311 – Hold for atleast 2-3 years
  3. Sun Pharma 30 @ Rs809 - Hold
  4. Pix Transmissions 100@ Rs188 - Exit
  5. Khyati Multimedia Entertainment Ltd 500 @ Rs1.2 - Exit
  6. Ganesh Housing Corporation Ltd 200 @Rs143 - Exit
  7. Power Finance Corporation Ltd 200@ Rs80 – Its volatile, look to exit on rise
  8. PTC India Ltd 500@ Rs78 - Exit
  9. Jamna Auto Industries Limited 300@ Rs84 – Can look to average around Rs. 35-38 and hold for atleast 2-3 years
  10. NBCC 250 @ Rs54 - Exit
  11. GIC 48@450 - Exit

12.Indian Energy 90@ Rs165 - Hold

preeti rane: Need your advise on Edelweiss bought at 188/-. CMP is around 84/-.

Ajit Mishra: Prefer larger NBFCs like Bajaj Finance or HDFC

rakesh bhatt: I prefer long term investment, some of the shares where I have doubts are. Please provide with you view on these:

Ajit Mishra:

Srikalahasti Pipes 400 @337 - Exit

PNB 300 @95 - Exit

Yes Bank 200 @68 - Exit

NCC 400 @61- Exit

Rain 250 @74- Exit

Vedanta 200 @154- Look to exit on delisting price if successful.

Gourav Tyagi: I have following portfolio. Kindly suggest and I need to invest 2 lac more for 2 years. Kindly suggest some more shares.

Ajit Mishra:

BOB 90 @ 90.58 – Prefer SBI

CPSEETF 1122 @ 22.20 - Hold

IDFCFIRSTBANK 200 @ 37.17 - Exit

INFY 24@581 - Hold

IOC 100@117 - Hold

MARUTI 2@7894 - Hold

SBI 20@266 - Hold

TATA coffee 100@80 - Hold

TATAELEXI 20@624 - Hold

TCS 4@2120 - Hold

TITAN 10@1178 - Hold

YES BANK 1200 @ 16.14 – Exit if not under lock in.

Axis long term equity fund direct growth 2150 @ 46.50 – We do not provide view on mutual funds.

vinod goranalli: I have following shares please suggest what should I do hold/exit

Ajit Mishra:

Den network_NSE - Hold

Hathway Cable_NSE - Exit

S Chand and Company - Exit

SBI card - Hold

Uttam Value ste_NSE _1lakh  - Exit

Mayuresh Sangle: For short term position 1 to 1.6 year period. Suggest what should I do?

Ajit Mishra:

ITC 50 shares - Hold

Hdfc 30 shares - Hold

Infosys 100 shares - Hold

Tcs 100 shares - Hold

L&T finance 70 shares - Hold

L&T 50 shares - Hold

Adani green 50 shares - Exit

India glycol 30 shares - Exit

Maruti 20 shares - - Hold

Ashok Leyland 20 shares - Hold

Gajendrra Ganage: I have following stock, pls suggest how long i will hold?

Ajit Mishra:

1)Agrophos @146.60, 95 nos. (What should i do with this stock) - Exit

2)Bajajhind @5.95, 1700 nos. - Exit

3)Dish TV @12.25, 244 nos. - Exit

Ajit Mahadevkar: I am holding 1000 stocks of Gujarat Alkali @356  Your views will be appreciated.

Ajit Mishra: Hold

Narendra: I am a newbie in dealing with stocks. Can you suggest me any good stocks to invest now either short term or long term. The shares I currently own:

Ajit Mishra:

Vikas comcorp 12.44 - Exit

McLeod Russell 17.85 - Exit

Urja holdings 3.0 - Exit

Ramesh Lakhani: I am long term investor and holding following stocks in my portfolio.I also want invest Rs.5000 to 8000 on monthly basis.Pl.guide me for the same. Pl.advise me for any change considering long term investment view. 

Ajit Mishra:

1. Britania 35@2930  - Hold, can add more on dips

2. Col.Palmolive india 50@1421 - Hold, can add more on dips

3. HDFC life 100@589 Hold, can add more on dips

4. ICICI bank 250@383 Hold, can add more on dips

5. Infosys 90@752 Hold, can add more on dips

6.Reliance 55@1371 Hold, can add more on dips

7.SGBond 50 units @4540 Hold

Narayanaswamy Aiyar: I have following stocks. THOUGH I PURCHASED RECENTLY BUT I AM AFRAID WHETHER THESE WILL GO UP. YOUR VALUED ADVICE PLEASE.

Ajit Mishra:

WIPRO @273/ - Hold

GUFIC BIO @ 94 – Small company, avoid overexposure

HSCL @ 64 - Exit

J & K BANK 18.5O - Exit

champa surjani: Kindly advise whether to hold or sell following:

Ajit Mishra:

ENGINEERS IND-200 @ 73.30 - Exit
NCC-200 @37.80 - Exit
CENTURY TEX-100@339.40 - Exit
GMDC-200@50 - Exit
SELAN EXPLORATION-100@137.10- Exit

Aneesh Vijaychandran: Please review

Ajit Mishra:

Bank of Baroda    : 200 nos @ 48.61 – Prefer SBI

BEL: 100 nos @ 97.83 – Hold for atleast 2-3 years

BHEL: 1000 nos @ 38.34 - Exit

Electcast: 1000 nos @ 15.08 - Exit

Finolex Cables: 25 nos @ 300.40 - Hold

Geojit: 100 nos @ 39.48 – Prefer larger players like ICICI Sec

Hindalco: 60 nos @ 145.52 - Hold

ICICI: 125 nos @ 359.95 - Hold

Idea: 3000 nos @ 8.63 - Exit

ITC: 100 nos @ 205.64 - Hold

JK Paper: 150 nos @ 104.31 - Exit

M&M Financial: 100 nos @ 132.93 - Hold

National Alum: 200 nos @ 32.58 – Hold for atleast 2-3 years

State Bank of India: 150 nos @ 185.38 - Hold

Nadeem Haider: Could you please suggest for below stock. Also would be great if you can suggest some good stock after exiting above.

Ajit Mishra:

NCC @33 - Exit

PCJ @18.2- Exit

NBCC@27.4- Exit

ASHOK LEYLAND @69.6 - Hold

EICHER@2187 - Hold

JSLHISAR @ 98.6 - Hold

JAMNAUTO @ 43.9 – Hold for atleast 2-3 years

kapil patil: With Respect to subject I will need ur suggestion, please suggest. I'm holding HPCL 500 @235 and Tata motors 500@ 189

Ajit Mishra: Hold HPCL and Tata Motors if you have a 2-3 year view then only hold or else exit.


Please mail your questions to getahead@rediff.co.in with the subject line 'Stock Market Query', 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.

AJIT MISHRA