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Rediff.com  » Getahead » ASK AJIT: 'Suffering huge losses in stock market. Please help'

ASK AJIT: 'Suffering huge losses in stock market. Please help'

By AJIT MISHRA
December 24, 2021 08:54 IST
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'Should I hold, add or exit?'

Illustration: Dominic Xavier/Rediff.com
 

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


Sheik Siddiq Hydroos: Please advise your recommendations for the following portfolio:

Ajit Mishra:

Company No of shares Price Recommendation
Infosys 250 Rs 499.20 Hold
Wipro 133 Rs 219.43 Hold
Rail Vikas Nigam 780 Rs 18.50 Exit
MOIL 800 Rs 128.17 Exit
Power Grid 1,333 Rs 109.66 Hold

 

G Bothra: Kindly let me know what to do next as I am suffering huge losses.

Company No of shares Price
Idea 10,000 Rs 8.20
J P Associates 3,000 Rs 13.90
Yes Bank 7,500 Rs 14.30
RVNL 450 Rs 31.20

Ajit Mishra: Exit all the above stocks and invest in a staggered manner in stocks such as Britannia, M&M, V-Guard, Crompton Consumer, J K Lakshmi, Berger Paints and Kajaria Ceramics.

 

SR Nagesh: Please let me know your thoughts on my portfolio.

Thank you.

Ajit Mishra:

Company No of shares Recommendation
Deepak Fertilisers 1,100 Hold
Intellect Design 425 Exit on rise
Laurus Labs 450 Hold
NCC 4,400 Hold
Repco Home 50 Exit
SBI 750 Hold
Vaibhav Global 260 Exit on rise
Visaka Industries 340 Exit on rise

 

Tulasi Das: I am 40 years old. Am planning to invest Rs 50,000 per month.

Can you suggest which stocks I should invest in?

Ajit Mishra: Invest in staggered manner in stocks such as Britannia, M&M, V-Guard, Crompton Consumer, J K Lakshmi, Berger Paints, Axis Bank, ICICI Bank, Whirlpool, Polycab and Kajaria Ceramics.

 

Sharan Bidar: I have invested in Airtel and Indian Bank.

Please let me know if I should hold, add or exit them. Thanks.

Ajit Mishra: Hold and add Airtel on dips and exit Indian Bank.

 

Arup Banerjee: I had invested Rs 8,000 in Ujjivan Bank and Rs 20,000 in IRCON and holding for above one year.

Please advise whether to exit or hold.

Ajit Mishra: Exit both the stocks.

 

MJ: I am fairly new to investment and capital markets.

Can't figure out best investment options but would like to make a start.

I want to invest in the short term (12-18 months), mid term (24-30 months) and long term (max 36 months) with wealth creation in mind.

I am looking at portfolio management services (PMS) as the best option, like White Oak, Marcellus, Abakkus, etc...

Which one would you suggest for an overall 15 to 20 per return year-on-year? Fifty per cent equity exposure is okay.

Appreciate your advice. I don't want to go for retail investment of five MFs, five SIPs, etc. I don't have the time and energy to manage that.

Ajit Mishra: I am not closely following the performance of PMS schemes so I can't comment on the above-mentioned names.

In response to your second question, the combination of asset classes (equity, debt and gold) in your portfolio can be best judged based on your risk appetite and return expectation.

 

Gurumurti Natarajan: Dear Sir, I'd deeply appreciate your kind inputs on my portfolio as well as any other suggestions/recommendations.

Please advise on the following scrips; many thanks for your time, effort and inputs.

Ajit Mishra:

Company Price Recommendation
ITC Rs 192 Hold
Sharda Cropchem Rs 354 Exit
Motherson Sumi Rs 250 Hold
LT Foods Rs 57 Exit
Hind Construction Co Rs 14.30 Exit
BHEL Rs 75.60 Exit
Zee Entertainment Rs 211 Hold
Federal Bank Rs 74.60 Hold
Karur Vysya Bank Rs 48 Exit
Ujjivan Small Fin Bank Rs 32 Exit
Yes Bank Rs 14.50 Hold
Coal India Rs 134.60 Exit
MOIL Ltd Rs 165 Exit
NMDC Rs 159 Exit
ONGC Rs 115 Exit
Cadila Healthcare Rs 615 Hold
Container Corpn Rs 712 Hold
TVS Srichakra Rs 2,008 Hold

 

Ramesh Kumar Kamboj: I have following scrips. Have mentioned their quantity and purchase price.

Please guide for selling, shifting or adding to these.

Ajit Mishra:

Company No of shares Price Recommendation
1. FAGBEA (SCHAEFFLER INDIA LTD) 5 Rs 4,619 Hold
2. SUNDRAM FASTENERS 30 Rs 497 Hold
3. WABIND 5 Rs 7,038 Hold
4. BASF CHEMICALS 30 Rs 1,843 Hold
5. BAYIR CHEMICALS 11 Rs 3,825 Hold
6. CARBORUNDUM UNIVERSAL 30 Rs 389 Hold
7. BERGER PAINT 20 Rs 757 Hold
8. ABBOTT PHARMA 5 Rs 4,152 Hold
9. AUROBINDO PHARMA 65 Rs 834 Hold
10. DR REDDY'S 7 Rs 4,078 Hold
11. CONCOR 39 Rs 448 Hold
12. TCI EXPRESS 25 Rs 722 Hold

 

Himanshu H Shah: I have following shares in my portfolio.

I am 60 years old and a medium to long term investor.

Please advise what I should do.

I also have surplus retirement funds of about Rs 50 lakhs.

What would be the best avenue to invest?

Ajit Mishra:

Company Recommendation
Infosys Hold
Wipro Hold
TCS Hold
Reliance Hold
Concor Hold
Tata Steel Hold
HDFC Bank Hold
ICICI Bank Hold
Kotak Bank Hold
GAIL Exit
Tata Power Hold
NMDC Exit

You can further invest in a mix of equity, bonds, ETF and gold.

 

Ravindra Raj Mehta: I am holding 200 shares each of Nahar Poly Film and Nahar Spinning for last 20 years.

I got these shares out of conversion of Nahar Export shares.

I do not remember the cost of acquisition.

I need to have your valuable advice on these shares and their future prospects.

As such, I am holding these for last 20 years and am not in hurry.

Ajit Mishra: Exit all the stocks.

 

Shrikant: Please suggest for the below shares.

Ajit Mishra:

Company Price Recommendation
WIPRO Rs 185.8 Hold
ICIBAN Rs 322.8 Hold
TATSTE Rs 340.0 Hold
IRCTC Rs 1,234.0 Hold
SBICAR Rs 558.3 Hold
TATMOT Rs 76.7 Hold
YESBAN Rs 18.0 Hold
YESBAN Rs 14.2 Hold
IRFC Rs 25.2 Exit

 


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.

Feature Presentation: Ashish Narsale/ Rediff.com

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