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Panic-sale at this stage? No, way!
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April 18, 2007 14:11 IST
PRANAV SANGHAVI says, Good afternooon everyone. Let's begin.

vansi asked, What is the outlook on sensex for next 1-3 months, will it go beyond 14,000
PRANAV SANGHAVI answers,  at 2007-04-18 12:12:56There are good chances it could. If RBI does not hike the rate further there will be a better chance.
Subbu asked, Wht are the future prospects of Prothvi Info? I have 185 share at the rate of 309.
PRANAV SANGHAVI answers, They have given good results over the last few quarters. You could hold on.
et asked, in the next one/two weeks, how would be IT stocks like infy, tcs?
PRANAV SANGHAVI answers, I would look at it with a long term perspective. Despite all the negatives factors facing the tech sector they have managed over 30% growth. I would hold on to the frontline surely.
sanjaykbansal asked, hi sir i want to know the future of Tech mahindra as I purchased at Rs.1200/- per Shares. Should I hold it or sell it
PRANAV SANGHAVI answers, Tech is another INFY in the making. I think you could surely hold on.
sanjaykbansal asked, What is the future prospects of IFCI
PRANAV SANGHAVI answers, I think it is a typical case of a turnaround story. I think they should give an EPS of close to Rs. 8/-.
et asked, What is the outlook for teledata and capital hotels in 6 months-1 year?
PRANAV SANGHAVI answers, I think Teledata is a good hold. They are demerging and giving free shares to current shareholders which will also get automatic listing thereby increase shareholder value. Capital Hotels I don't follow sorry.
jignesh asked, what do you think about parsvnath developers & akruti developers - i have bought pars- @440 & aakruti @550 - & what abt tanla solutions
PRANAV SANGHAVI answers, i think in the short term they could still have a negative bias. Once they actually start delivering projects and good quarterly results we could see upward movements.
sanjaykbansal asked, Should I hold the TECH shares or sell it at current levels.
PRANAV SANGHAVI answers, I would surely hold on. Despite the Rupee appreciating which would cause slight dent on the margins, I would still hold on as the companies themselves are pretty sure they would be able to tackle the rising Rupee problem.
ABCD asked, What is the outlook of ManuGraph Industries.
PRANAV SANGHAVI answers, You could hold on.
zeenastar asked, whats the future of essar steel? on being delisted what happen?
PRANAV SANGHAVI answers, They would make a public offer for purchase of shares and once they cross the mandatory 90% they are free to delist as it happened in the case of say Cadbury India Ltd. The metal stocks are rising due to a strong global metal prices.
v asked, i hold 24000 shares of ultramarine pigments should i hold on to it or sell it
PRANAV SANGHAVI answers, Yes you could hold on they have been steady performers in the past.
ABCD asked, What is the outlook for Rico Auto
PRANAV SANGHAVI answers, Auto ancilliaries could get affected by the slackening auto sales both 2 wheelers and four wheelers due to the rise in the interest rates. But on a longer term Rico is a decent player in the auto ancilliary sector.
krris asked, As a company and sector where does Noida Toll Bridge stand at ? Can i buy now or wait for some time ?
PRANAV SANGHAVI answers, I would wait for a while.
ABCD asked, What is the outlook for Hindustan Oil Exploration.
PRANAV SANGHAVI answers, It is a fundamentally strong stock, you could look at it with a 6 to 12 month outlook.
hiki asked, Hi Pranav, Can I book loss on Parsvnath & Lanco Infra tech from 460 7and 268/- respectively.
PRANAV SANGHAVI answers, Hi Hiki, you could swithc to growth stocks or better quality development stocks.
Sp asked, Hi Pranav,what about buying YES BANK and TATA Steel ?
PRANAV SANGHAVI answers, Hi Sp, Yes Bank has ambitious plans and a pretty aggressive strategy especially in the newer areas of financing. But it could be affected by the rising interest rates. Although, it has some good management with ample experience at the top. Tata steel is a very long term play. Right now you could hold on for the Rights issue.
ranjit asked, Sir, When will reliance petro shoot up?
PRANAV SANGHAVI answers, Once its commercial production begins which should be sometime in 2009.
jiguvora1979 asked, ppl are saying tanlya solutions will reach 1000? what do you say about this
PRANAV SANGHAVI answers, I dont follow that stock sorry.
ashish asked, Hello!! I'm new to trading .... would it be right to purchase pantaloon retail, especially after sudden dip in Prise few months back in NSE. recommend me ?
PRANAV SANGHAVI answers, I would strongly advise to study a particular stock, sector and the market in general before taking investment calls. For Pantaloon there are a lot of factors affecting the company. There is a strong possibility of global giants entering the retail market in a big way. Strong local players like Reliance are also entering the markets. So it could face stiff competition in the times to come. But as a company they are performing well.
VijaySarma asked, Hi, what r your recommendations on RNRL, Kale Consultants, IFCI, IDFC, Centurion Bank of Panjab, on the current levels?
PRANAV SANGHAVI answers, On the back of better inflation numbers the RBI may not hike the interest rate further immediately. So in the very short term the Banks stand to benefit. But on a longer term the rising interest rates could affect them. IFCI and IDFC are holds according to me.
Subbu asked, Wht are the future prospects of Deepak Fertilizers and Petrochemicals? I hold 150 shares and the price of 98.
PRANAV SANGHAVI answers, You oculd hold on. The Budget has been beneficial for Fertilizer manufacturers.
VijaySarma asked, How do u see Indiabulls Financial Services and Indiabulls Real Estate? they are worth to hold or sell?
PRANAV SANGHAVI answers, I am bullish on both of them. The Real Estate company will take a bit more time to deliver strong results but the Financial Services arm will perform well. They are pretty aggressive in their market share acquisition. Also there is news of IB demerging its Stock Broking business which could lead to further value creation.
ankkur asked, what is the target of tata steel for next 2 months
PRANAV SANGHAVI answers, It is difficult to predict a target for tomorrow let alone two months. But there are various factors affecting the stock, like equity dilution due to rights and preference share issues. Fund raising activities and the actual acquisition of Corus and digesting the same. So the stock in the short term could be range bound.
sridevi asked, hi pranav , how r u ?
PRANAV SANGHAVI answers, Hi Sridevi, I am fine thank you.
chandra asked, hi pranav - what are prospects of parsvnath i have some shares at 300
PRANAV SANGHAVI answers, Hi Chandra, in the short term it may not move significantly, but once it delivers on the promised project delivery it should move in tandem with its performance.
Suyog asked, What are the prospects of Balrampur chini mills?
PRANAV SANGHAVI answers, I am not too bullish on the sugar sector for atleast another few quarters.
SUNNY asked, HI WHAT IS YOUR CALL ON RELIANCE PETROLEUM
PRANAV SANGHAVI answers, it should move upwards once the commercial production begins sometime in 2009.
kalpana asked, What are the prospects for Petrochem sector and RIL?
PRANAV SANGHAVI answers, I think the demand for petrochem products is only rising and RIL is one of the largest players. I think RIL will perform well as it has done over the past few days.
rohitbhargava asked, I am holding 2000 shares of Prism Cement @ 39.75/- & 100 mastek @395/-. Pl advise.
PRANAV SANGHAVI answers, Cement stocks should deliver good results this year end but could face governmental restrictions on prices in the future which could affect their performance. Mastek you could hold on till results.
ravi asked, market will touch 14000 ya not
PRANAV SANGHAVI answers, In the longer term it should.
sridevi asked, hi pranav , why r u nt replying ? can i sonata soft now ?
PRANAV SANGHAVI answers, Can you buy or sell ?
test asked, Shall we hold TCS share
PRANAV SANGHAVI answers, Yes I am pretty bullish on the stock especially after its strong performance. The company is pretty confident of continuing the performance too. I think JP Morgan has set a price target of 1560 for TCS.
mittal asked, Bought infy at 2350, shul i sell?
PRANAV SANGHAVI answers, Dont panic and sell. I think you should see your price in the next 6 months. You could buy more on days when markets crash to average out.
kunal asked, is it ok to apply for fortis ipo???
PRANAV SANGHAVI answers, I would study the prospectus well before investing.
Dharam asked, hi, how is Patni & Iflex looking on technical charts
PRANAV SANGHAVI answers, I am sorry I dont study technical charts.
knarender asked, Hi Pranav, please suggest abt IFCI? Any further raise in share after Rs 38.55.
PRANAV SANGHAVI answers, There could be a consolidation and even slight correction before it moves up further.
vinayak asked, sir should i hold ifci shares what is target price. Also i am hold ing prajind, satyam computers, Tata elxsi, kindly suggest should i hold all these stocks
PRANAV SANGHAVI answers, You could hold on to IFCI for a 6 month period. Praj and Satyam are also a good bet.
kunal asked, what are ur predictions about PNB and ITC???
PRANAV SANGHAVI answers, PNB is amongs the top 3 public sector banks and it shoudl give decent results depsite the rising interest rate scenario. ITC according to me is stil a buy on dips.
yu asked, I WANT TO KNOW THE FUTURE OF RANBAXY . I AM HOLDING 40 SHARES AT THE PRICE OF 430 . PLEASE ADVICE
PRANAV SANGHAVI answers, You could hold on with a 6 to 12 month outlook.
jigma asked, how are you
PRANAV SANGHAVI answers, Fine thank you, how are you?
kishor asked, is it right to invest for getting high return within 6 months
PRANAV SANGHAVI answers, It would have been great a couple of weeks back when the markets were testing lower levels. Right now it has bounced back so witha 6 month target you should get in at times fo corrections.
mahesh682 asked, hi pranav,how much sensex high or low after 2 month.who the best mutual fund in market i like to invest 50000/-rs.on tommorow.please advice me.
PRANAV SANGHAVI answers, Two months down the line the markets could test all time highs but its anyones guess. There are various MF houses like Templeton, SBI Mutual, DSP ML and others who offer good funds with a good mix of products.
Kashi asked, I am holding units in SBI Blue Chip fund. Please let me know how this fund is performing and whether I should the units or redeem them?
PRANAV SANGHAVI answers, I would have to study the fund to be able to advise you. Please email me and I will try and revert back.
udyan asked, hi i have 600 glenmark@45 what is ur call hold or sell
PRANAV SANGHAVI answers, You are sitting on some decent profit. I would surely hold on if you don't need the money.
rohit.prism asked, good afternoon sir
PRANAV SANGHAVI answers, Good afternoon Rohit. And what is your query today?
Ashok asked, I have 1000 shares of acc . what should I do as the price has gone down . Should I wait for the price to pick up. If yes what price should I sell. The purchase price is less than Rs.500 and I dont require money now.
PRANAV SANGHAVI answers, Hi Ashok, I would hold on to ACC surely.
UMESH asked, Sir, I would like to know proepectus of Kesoram Industries, could it bought at these levels
PRANAV SANGHAVI answers, With a longer term outlook you could.
amit asked, What is price target of reliance comm from 1 year prospective?Should I buy at this stage?
PRANAV SANGHAVI answers, You could look at the stock on corrections.
KartikShah asked, Waht is your view on Tanla Sol and IOL Broadband ?
PRANAV SANGHAVI answers, I dont follow those stocks sorry.
gaurav asked, Hi , I hold Vakrangee software 100 @ rs 250, what prospects do you see in this script.
PRANAV SANGHAVI answers, I would much rather be in a frontline tech stock.
vamsee asked, Hi Pranav, Good Afternoon..How are you doing I have a question. How serious is the effect of inflation on the stock market?
PRANAV SANGHAVI answers, You already saw the effect in Feb and March when the markets tanked. A loarge part was because of inflation fears. But Inflation in a growing economy goes hand in hand with growth. But if it is not curtailed there could be trouble. Our government is trying to curb it and seem to have been successfull as the last weeks inflation figures suggest.
HC asked, Your view on Indiabulls Finance AND Indiabulls Realty please
PRANAV SANGHAVI answers, I have given a reply on this very query earlier in this chat please refer.
SOMEONE_someone_somewhere asked, ******* WHERE DO U SEE THE TARGET PRICE OF UTTAMSUGAR IN THE NECT 2 MONTHS **********
PRANAV SANGHAVI answers, I am not too bullish on the sugar sector.
kishor asked, Good afternooon, pranav
PRANAV SANGHAVI answers, Good afternoon Kishor.
DurgeshPatel asked, Hi Pranav,Please suggest tax saving muatal funds.
PRANAV SANGHAVI answers, Hi Durgesh, there are lots of them floating around in the market, please seek advice of a certified MF advisor.
venky asked, i like to future karuturi networks...can i buy at current levels
PRANAV SANGHAVI answers, I dont follow that stock sorry.
rohit.prism asked, wt should I do with Datamatics bought @ 110 & Hexaware @ 190
PRANAV SANGHAVI answers, They are midcap tech stocks but you could hold on to both.
newinvestor asked, HI Pranav. I am pretty new to investing. I have already invested around 30k last year in MFs. I am 24 years old. Is it a good bet to play fully with stocks or since MFs like Birla, SBI, DSP are giving great returns is it better to invest in MFs as a safe bet?
PRANAV SANGHAVI answers, You have age on your side so a bias towards growth fund read equity is not a bad idea. If you are a new investor it is always advisable to invest money through experts who are in a better qualified to invest the money.
SaneSeks asked, i hav some 5000Rs. to invest ... any good short term bets tat u could suggest !
PRANAV SANGHAVI answers, I dont trade in the market with a short term outlook. I would invest in a stock like Infy or TCS with atleast a 1 year outlook.
PrinceofLA asked, Hey Pranav, ur an expert in this field, can u give any suggestions for beginners how to get started in the stock market?
PRANAV SANGHAVI answers, I would advise that you take up courses from the training institutes of BSE as well as NSE. Read a lot about the fundamentals and overall functioning of the markets before entering the same.
PRANAV SANGHAVI says, Well, it is time for me to leave. Bye for now.

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