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ASK AJIT: 'How can I make money?'

By AJIT MISHRA
February 24, 2021 08:54 IST
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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.

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