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Ask Ajit: 'Help! I have inherited these stocks...'

By AJIT MISHRA
November 23, 2020 09:24 IST
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'I have inherited these stocks from my father after his death and hence have no idea at what price they were bought. Kindly advise which of these can be held or exit and at what level.'

Illustration: Uttam Ghosh/Rediff.com
 

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

 

Jagruti: Please advise on the below shares. Also suggest some good shares to make profits in short term (6-8 months) & long term basis.

Ajit Mishra:

Tata Motors 210 shares @ 97.51 Exit
Kingfisher Airlines- 250 shares @ 13 Exit
Aditya Birla Capital Ltd- 110 shares @161 Exit
HDFC Bank - 30 shares @ 1056 Hold
IDFC 300 shares @ 65.29 Exit
Indian Overseas 450 shares @ 61 Exit
Kotak mahindra 17 shares @ 1179 Hold
SBI Cards 19 shares @ 755 Hold
Yes Bank- 93 shares @218 Exit
ACC- 30 shares @1466 Hold
Polycab- 27 shares @538 Hold
Bharat Electronics Ltd- 75 shares @132 Exit
Future consumer- 400 shares @62 Exit
ITC - 68 shares @ 147 Exit
Delta Corp - 55 shares @ 270 Exit
Infosys- 4 shares @546 Hold
IRCTC 20 shares @ 1066 Hold
Glaxosmith - 10 shares @ 1191 Hold
Lupin- 50 shares @ 816 Hold
Marksons Pharma 720 shares @ 48  Hold

Hardip One: Please provide your valuable feedback on my below portfolio from a long term perspective (i.e 3-5 year).

Ajit Mishra:

Bandhan Bank  200 Hold
M&M Finance  300 Hold
Axis Bank  80 Hold
Torrent Power  100 Exit
Engineers Ind  400 Hold
Tata Steel  70 Hold
ICICI Prudent  70 Hold
JustDial  50 Exit
SPARC  100 Hold
NTPC  200 Hold
Bajaj Consumer  100 Hold
Abbott India  1 Hold
Karnataka Bank  400 Exit
Alok Ind  500 Exit
Aries Agro  100 Exit

Shails Soni: Sir please guide me on these stocks. I can hold the stocks for another 2-3 years also can invest moat.

Ajit Mishra:

Vodafone - 2500 @ 18.16 now 8.16 Exit
Tourism finance corporation - 110 @ 155 now- 40 Exit
SpiceJet 400 @ 60 now 51 Exit
QuickHeal 50@201 now 131 Exit
PTC financial service 350 @ 36 now 19.5 Exit
Philips carbon: 115 @ 200 now 124 Exit
Graphite India - 70 @ 450 now 201 Exit
CPSE ETF - 1500 @ 25 now 18 Hold
Canara Bank - 200 @ 350 now 102 Exit

Jem Saha: I have the following stock, please advice Hold / Sell

Ajit Mishra:

ITC @ 132/ Exit
Pfizer @ 3260/ Hold
Sanofi @ 6550/ Hold
Force Motor @ 1750/ Exit
Graphite India @ 435/ Exit
IFCI @ 66/ Exit
ONGC @ 189/ Exit
SBI @ 286/ Hold
Vedanta @ 204/ Exit
Shakti Pump @ 286/ Hold

Rahul Sachdev: Please advise about following companies:

Ajit Mishra:

Bharti Airtel @551 CMP514 Hold
NTPC@96 CMP103 Exit
Eicher@2318 CMP2248 Hold
Godrej Consumers@700 CMP 681 Hold
Symphony @905 CMP930 Hold
Ashok Leyland@84 CMP71 Hold
Coal India@177 CMP142 Exit
Gail@103 CMP 99 Hold
ITC@239 CMP195 Exit

Sunil Mundas: I'm having M&M Fin @ 142 - 30nos, Affle @ 1175 - 5nos, Caplin Point Labs @ 385 -20 nos, IOL Chemicals @ 355 - 40nos, Muthoot Finance @ 1165 - 5 nos, Biocon @ 430 - 10nos, Yes Bank @ 50 - 150nos, Reliance @ 1275 - 25 nos, Alok Inds @ 8.60 - 300 nos, Bajaj finance@ 2425 - 3 nos, Kiri Inds @ 490 - 25 nos. Please suggest what to do.

Ajit Mishra: Stocks you can hold are M&M finance, Affle, Muthoot, Biocon, Reliance, and Bajaj Finance. Else Exit all others

Dinesh Jain:  advise for

Ajit Mishra:

1. hpcl. Hold
2. Urja global Exit
3. Lourens lab Lourens lab to hold/sell. 25 share Exit

rajeev sri vastav: Good day to you. I am holding the below stocks in my portfolio. Please advise which ones to hold and which ones to sell for the long term. Also, request you to provide a few good stocks to hold for the long term.

Ajit Mishra:

BHEL 50@40.50 Exit
FRETAIL 70@146.59 Hold
HINDALCO 10@200.00 Hold
JUMPNET 20@88.75 Exit
KOTAKBANK 5@1405.00 Hold
STRTECH 11@153.00 Exit
YESBANK 150@16.35 Hold

sunil rane: I have purchased 1000 shares of spicejet @Rs 52 and also ITC 200 shares @Rs 170. Should I hold or sell? And if hold how long? Both these investments are made keeping a 2.6 to 3 yr term.

Ajit Mishra: You can Exit both stocks as these stocks may take some more time to revive. You can shift to better counters such as Dabur, Britannia and Indigo which can give you decent returns.

Abheesh Hegde: I have inherited these stocks from my father after his death and hence have no idea at what price they were bought. Kindly advise which of these can be held or exit and at what level:

Ajit Mishra: You can check with the broker for account details. Below is our view on stocks.

1 ADITYA BIRLA CAPITAL LIMITED EQ 350.000   Exit
2 BANK OF BARODA EQ NEW FV RS. 2/- 201.000   Exit
3 BANK OF INDIA EQ 20.000   Exit
4 BANK OF MAHARASHTRA EQ 100.000   Exit
5 BATA INDIA LIMITED EQ NEW FV RS. 5/- 40.000   Hold
6 CANARA BANK EQ 40.000   Exit
7 ELGI RUBBER COMPANY LIMITED EQ 84.000   Exit
8 FACOR ALLOYS LIMITED EQ 500.000   Exit
9 GODFREY PHILLIPS INDIA LIMITED EQ NEW FV RS. 2/- 200.000   Exit
10 GRASIM INDUSTRIES LIMITED EQ NEW FV RS. 2/- 250.000   Hold
11 HIMATSINGKA SEIDE LIMITED EQ NEW FV RS.5/- 30.000   Exit
12 HINDUSTAN UNILEVER LIMITED EQ F.V. RS 1 600.000   Hold
13 IFSL LTD EQ NEW FV RE. 1/- 100.000   Exit
14 INFOSYS LIMITED EQ FV RS 5 20.000   Hold
15 ITC LIMITED EQ NEW FV RE.1/- 300.000   Exit
16 LARSEN AND TOUBRO LIMITED EQ NEW FV RS.2/- 189.000   Hold
17 PETRONET LNG LIMITED EQ 100.000   Hold
18 PRISM JOHNSON LIMITED EQ 100.000   Exit
19 PUNJ LLOYD LIMITED EQ NEW FV RS.2/- 50.000   Exit
20 RELIANCE INDUSTRIES LIMITED EQ 300.000   Hold
21 SRF LIMITED EQ 37.000   Hold
22 STEEL AUTHORITY OF INDIA LIMITED EQ 50.000   Hold
23 SUN PHARMACEUTICAL INDUSTRIES LTD. EQ NEW F.V. RE.1/- 8.000   Hold
24 THE KARNATAKA BANK LIMITED EQ 110.000   Exit
25 UCO BANK EQ 100.000   Exit
26 ULTRATECH CEMENT LIMITED EQ 45.000   Hold
27 UNION BANK OF INDIA EQ 66.000   Exit
28 UNITED BREWERIES (HOLDINGS) LIMITED EQ NEW 60.000 1  Exit
29 VISHAL EXPORTS OVERSEAS LIMITED EQ NEW FV RS.1/-500.000 Exit

Rudresh: Pls advise on below portfolio of stocks:

Ajit Mishra:

Aurobindo pharma, 20 shares, purchased at the price of 818 Rs  Hold
Bharat Electronics, 150 shares, purchased at the price of 110 Rs  Exit
Birlasoft, 100 shares, purchased at the price of 170 Rs   Hold
HCL Technologies, 300 shares purchased at the price of 717 Rs   Hold
Infosys technologies, 50 shares purchased at the price of 949 Rs   Hold
ITC, 100 shares purchase at the price of 195 Rs   Exit
State bank of India, 50 shares purchased at the price of 219 Rs   Hold
Tech Mahindra, 300 shares purchased at the price of 771 Rs   Hold
Wipro technologies, 245 shares purchased at the price of 277 Rs   Hold

sudipta narayan biswas: presently I am holding (i) BEL, (ii) NIIT, (iii) DCB Bank and (iv) Prestige Estates. Kindly guide me on the future of these stocks.

Ajit Mishra: Exit all the stocks

Poojitha Prabhala: I am holding the following share please suggest if I should add more, hold, or exit. Please suggest if I should hold or add or exit.

Ajit Mishra:

Idea  26 shares @ Avg price 10.10 Exit
IDFC first bank  39 shares @ 25.55 Exit
ITC  10 shares @ 194.05 Exit
Lehar  68 shares @ 21.90 Exit
Ongc  12 shares @ 85.10 Hold
PILITA  514 shares @ 6.27 Exit
Saintgobin  25 shares @ 58.30 Exit
Sbi  10 shares @ 179.45 Hold
Union Bank  200 shares @ 29.40 Exit
Veto  6 shares @ 50.60 Exit

Shreenath A: I am looking to buy IndusInd Bank stocks (ideally at 614 rs). Looking at 2 years timeframe and target is 70%. Could you please provide any advice on this?

Ajit Mishra: Instead we would suggest you to buy ICICI, HDFC and Axis bank

bikramjit sen: I have the following shares and am a long term 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  Exit
L&T Ltd-29  Hold
Sun Pharmaceutical Industries Ltd - 62  Hold
Tata Motors Ltd - 250  Exit
Tata Steel Ltd - 50  Hold
The Anup Engineering Ltd – 1  Exit

Narender chauhan: Please review my portfolio and suggest me for sell, buy & hold. I hope you give me best advice. Thanks in advance. My portfolio given below:

Ajit Mishra:

1 Gail india ltd 30 nos @ 95.55/ Hold
2 Future retail ltd 15 nos @ 122.88/ Exit
3 HNG 10nos @29.04/ Exit
4 IFCI ltd 20 nos @ 6.87/ Exit
5 Indian oil 10nos @87.30/ Exit
6 Lemon tree hotels 10 nos @28.64/ Exit
7 Yes bank ltd 100nos @ 14.80/ Hold
8 RVNL 10nos @ 22.13/ Exit
9 MRPL 20nos @ 33.42/ Exit

JasInde: I'm holding a few clusters of shares and in most, I'm kind of facing loss. I'm planning to be a long-term investor but also want to have expert advice on it. If you possibly have some time on my query kindly suggest some shares where I can invest in the long term?

Ajit Mishra:

Federal Bank - 106 Exit
Minda Industries Ltd– 316 Hold
SBI Cards – 755 Hold
SBIN – 370 Hold
GAIL – 157 Hold
IndusInd Bank – 1510 Exit
Karnataka Bank – 94.50 Exit
PNB – 86 Exit
Indiamart – 1270 Hold
UPL – 641 Hold
LT – 1597 Hold
COFORGE (NIIT TECH) – 1351 Hold
Parag Milk – 271 Exit
Varun Beverages – 652 Hold
HFCL – 22 Exit
India Bulls Housing – 718 Exit
Cox & Kings – 42 Exit
KSE Ltd - 1242 Exit

CMA B Ravi Kumar: I have following shares in small quantities, please advise whether I can hold for long term or can change my portfolio with better stocks:

Ajit Mishra:

Bajaj Finance - SIP mode  Hold
Granules  Hold
HCL Tech - SIP mode  Hold
HDFC Life - SIP mode  Hold
HDFCM GOLD ETF – SIP  Hold
HEG  Exit
IB HOUSING FINANCE  Exit
ICICI BANK – SIP  Hold
INDUSIND BANK  Exit
ITC – SIP  Hold
L AND T – SIP  Hold
RELIANCE – SIP  Hold
YES BANK - FOR LONG TERM  Exit
CAPLIN POINT LAB  Exit
EROS MEDIA  Exit
FCONSUMER  Exit
FUTURE LIFESTYLE  Exit
FUTURE MARKETING  Exit
FUTURE RETAIL  Exit
FUTURE SUPPLY CHAIN  Exit
ICICI PRU LIFE  Hold
TRIDENT - for Long Term  Exit
ZEE Ltd  Exit

Sridhara C: Dear Sir, my portfolio

Ajit Mishra:

Ashokley 60 @ 51.92

Hold

Cyient 433 @ 215.33

Hold

Eveready 70 @ 105.14

Exit

HDFC 7 @ 1576.14

Hold

HDFC Bank 16 @ 917.5

Hold

HDFCLIFE 16 @ 431.44

Hold

ICICIBANK 50 @ 325.00

Hold

INDHOTEL 505 @ 78

Exit

KTKBANK 400 @ 39.63

Exit

M&M 20 @ 268

Hold

MARUTHI 5 @ 4050

Hold

RELIANCE 16 @ 1244.81

Hold

TATAMOTORS 100 @ 68

Hold

TATASTEEL 40 @ 262

Hold


K Raghu: Let me know what to do with the following shares I m a short term investor:

Ajit Mishra:

SBI 1000@190 Book profit around 245-260.
Bank of Baroda 3000@45 Maintain stop loss at 45 and book around 52.
Bharti Airtel 1000@ 455 Maintain stop loss at 480 and book around 500.

Rohith Adiga: I am a starter in Stock Market & trading from the last 3 months. Below is the list of stocks I have purchased. Advice me to BUY additional stock, or HOLD or SELL

Ajit Mishra:

HAL Hold
KOTAKBANK Hold
BAJFINANCE Hold
AXISBANK Hold
TATAMOTORS Hold
HGS Exit
HCLTECH Hold
ASIANPAINT Hold
TCS Hold
INFY Hold
RELIANCE 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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