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Holding too many stocks in your portfolio?

By AJIT MISHRA
October 20, 2020 09:24 IST
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Investing tips

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

 

prashant singh: Please suggest me what to do, Buy, Sell, Hold for my below mentioned portfolio, I don't trade regularly and want to purchase for long term

Ajit Mishra:

Apollo Tyres – Hold, Can add more

Firstsource Solution - Hold

JSW Energy Ltd. - Sell

Jain Irrigation DVR - Sell

Jindal St & Pwr - Hold

Kingfisher Airlines - Sell

Man Infraconstruction - Sell

Marksans Pharma - Hold

NHPC – Hold

Radico Khaitan Ltd. - Hold

SBI – Hold, Can add more as well

South Indian Bank - Sell

Steel Authority - Sell

Suven life sciences - Sell

Col Ramanan: May I seek your kind advice on my stocks please. Most of the stocks that I hold are 4 to 9 years old. After averaging whenever feasible, the current position is as follows:

Ajit Mishra:

Aster DM HealthCare: 129 @ 190 - Hold

BHEL: 500 @ 45.15 - Exit

Coal india: 100 @ 130.40 - Exit

Cochin Shipyard: 150 @ 346 - Hold

FCS Software: 20000 @ 0.71 - Exit

ITI: 500 @113 - Exit

JK Tyres & Ind: 100@150 – Hold

L&T FH: 500 @ 99 - Hold

NBCC (India): 1000 @ 44 - Exit

NCC: 600 @ 25.50 - Exit

PNB Housing Fin: 120 @ 272 - Exit

Reliance Power Ltd: 3200 @7.80 - Exit

Tata Motors: 1000 @ 128 – Hold for atleast 2-3 years

eClerx Services: 100 @ 406 - Hold

Rajneesh Anand: I have only one stock currently of Sundram Fasteners bought @669/- around two year ago. Currently i am in loss. Shall i hold this stock or sell it? Also, wanted to buy following stocks: Godrej Industries, Aarti Industries, Aarti Drugs, Adani Trasmission, Alykl Amenis Chemical, Pidilite Industries, Kotak Mahindra Bank, Cyient Ltd. Kindly advice.

Ajit Mishra: Can continue to hold Sundram Fasteners but for atleast 2-3 years.

Aarti Industries, Alkyl Amines, Aarti Drugs – Buy on dips of at least 10% correction.

Godrej Industries, Kotak, Cyient and Pidilite can be bought at current levels.

Avoid Adani Transmission currently

manas hanuman: Here is my portfolio. Please suggest on whether to hold or exit

Ajit Mishra:

Alphageo: 30 stocks at 1067.09 - Exit

Cerebra Integrated: 500 stocks at 61.28 - Exit

GIC: 64 stocks at 433.50 - Exit

HDFC AMC: 13 stocks at 1100 - Hold

HDFCSTA: 50 stocks at 290 - Hold

ICICIBAN: 38 stocks at 371.57 - Hold

ICICILOM: 22 stocks at 661 - Hold

JACINV: 1000 stocks at 4.18 - Exit

JAIASS: 200 stocks at 25.18 - Exit

NTPC: 10 stocks at 99.24 - Hold

PAWHOL: 195 stocks at 15.61 - Exit

RELCOM: 309 stocks at 32.19 - Exit

SBICAR: 19 stocks at 755 - Hold

YESBAN: 1000 stocks at 12 – Exit if not under lock in

K SRINIVAS VENKATAKRISHNAN: Please advise about the following companies

Ajit Mishra:

1.RBL BANK -220 Shares @ Rs.189.10 - Hold

2.CUB bank -400 Shares @ Rs.138.50 - Exit

3.SBI Bank-100 Shares @Rs. 192.1 - Hold

4.Yes Bank - 130 Shares @ Rs.15.1 – Exit if not under lock in

5.ICICI Bank - 50 Shares @ Rs.357 - Hold

6.Axis Bank - 48 Shares @ Rs.430. - Hold

Abhay Patil: Please suggest whether I should exit or hold

Ajit Mishra:

  1. Somi Conveyor @ 61.20 - Exit
  2. Rain Industry @ 326 - Exit
  3. GVK Power @21.6 - Exit
  4. NALCO @82.5 – Hold for atleast 2-3 years, or else exit
  5. Excel @686 - Hold
  6. Jamna Auto @78.5 – Hold for atleast 2-3 years, or else exit
  7. HFCL @33.00 - Exit
  8. MOIL @255 - Exit
  9. Andhra Petro @66 - Exit

vijay krishna: Sir, I am novice investor who started trading this week. This is my portfolio. Please advice

Ajit Mishra: Consider investing for long term at least more than 1 year.

Amaea Raja @738 - Hold

Ashok Leyland @66 - Hold

GMDC @ 51 - Exit

JKPaper @ 99 - Exit

L&T Financial @ 67 - Hold

L& T @ 998  - Hold

Maithan Alloys @ 533 - Hold

Mother son Sumi @ 120 - Hold

N R Agarwal @ 226 - Exit

Orient Elec @ 192 - Exit

Reliance @ 2087 - Hold

Tata Chem @ 319 - Hold

suraj wahadane: Sir recently McLeod Russel stock is very fastly increasing I don't understand fundamental can you suggest I should hold or sell of that company share

Ajit Mishra: We would recommend to exit.

Yash Jethani: I have queries on these stocks. Kindly help by recommending approaches to these

Ajit Mishra:

NFL @63 - Exit

JamnaAuto @75 – Hold for atleast 2-3 years

Engineers India @149 - Exit

PNB @105 - Exit

Vakrangee @174 - Exit

Dishtv @75 - Exit

Yes Bank @84 – Exit if not under lock in

Tata Motors @302 – Hold for atleast 2-3 years

NBVentures @149 - Exit

Greenply @175 - Exit

Vedanta @181 – Hold, look to exit if delisting is successful

Jain Irrigation @109 - Exit

manish: i have the following stock and request your advice on them:

Ajit Mishra:

Federal Bank - 1100@57.56 - Exit

HDFC Bank - 100@1055.18 - Hold

Infosys - 50@682 - Hold

IRCON - 200@95.6 - Hold

ITC - 1100@207.5 - Hold

Petronet LNG - 250@244.36 - Hold

Reliance - 100@1145 - Hold

SBI - 100@185.22 - Hold

Siemens - 50@1165 - Hold

TCS - 50@1938 - Hold

Titan - 10@1135 – Hold

Abhijith Chennat: I hold below stocks and the price I paid with current return trend. Most of them were bought in the last 6 months. Looking for a long term investment. 

My concern is too much of Health/Pharma/Chemical exposure in my portfolio due to the recent trend although most are in Positive now. I want to avoid a few weak players if possible from these sectors. 

Also, the number of stocks in portfolio also too high (close to 50 stocks). To be frank, I have done some minimal analysis on most (except bluechip ones), but now it's getting out of hands to track. 

Ajit Mishra:

BHARTIARTL @ 588 – Negative - Hold

HDFCAMC @ 2680. – Negative - Hold

FEDERALBNK @ 60.4 – Negative – Prefer larger banks

LINCOLNPHARMA @ 246. – Negative - Avoid

POLYCAB @ 896. – Negative - Hold

RVNL @ 22.75 – Negative - Avoid

AVANTIFEED @ 533- Negative - Hold

MINDTREE@1158 – Negative - Hold

INDUSINDBK @ 540 – Negative – Prefer HDFC or ICICI bank

COCHIN SHIPYARD @ 358 – Neutral - Hold

INDIAN HOTELS @104 – Neutral – Hold for atleast 2-3 years

BHARAT RASAYAN @ 9422 – Positive - Hold

ATUL @ 5017 – Positive - Hold

KOTAKBNK @ 1255 – Positive - Hold

CUPID @ 271 – Positive - Hold

NAUKRI @ 3105 – Positive - Hold

DWARKESH @ 29.8 – Positive - Exit

KRBL @ 258 – Positive - Exit

PVR @ 1183 – Positive - Hold

MAYUR UNIQUOTERS @ 224 – Positive - Exit

HDFCLIFE @ 562 – Positive - Hold

BALKRISHNA IND @ 1015 – Positive - HOld

SUNTV @ 399 – Positive - Hold

INDIAMART @ 2301 – Positive - Hold

STERLITE TECH @ 143 – Positive - Hold

SUVEN PHARMA @ 659 – Positive - Hold

GRANULES @ 273 – Positive - Hold

SEQUENT@ 126 – Positive - Hold

JUBILANT @800 – Positive - Hold

SYNGENE @ 429 – Positive - Hold

DEEPAKNITRITE @ 541 – Positive -     Hold

NEULANDLAB @690 – Positive - Hold

IOLCP @ 710 – Positive - Hold

LAURUSLABS @919 – Positive - Hold

VINATI ORGANICS @ 991 – Positive - Hold

Also holds a few Bluechips like Asian Paints, Britannia, SBI, ITC, Pidilite, Cipla, SANOFI,HUL also which I believe can be held longer. – Continue to hold.

shashi tripathi: I have following shares, please advise with your comment, please tell me are they are good buy. I can hold it for long term 

Ajit Mishra:

1.KILPEST :-27@347 - Avoid

2.AARTI DRUGS:-10@3348 - Hold

3.CDSL:-15@357 - Hold

4.TRANSPEK:-6@1735 – Prefer larger players like Deepak Nitrite

5.SHREDIGCEM:-55@56.63 - Hold

jabiyulla shaik: On 25th August, 2020, I've bought 100 shares of Neuland Laboratories Ltd @ 1033, please suggest me whether to hold them or exit.

Ajit Mishra: We are seeing strong traction in API players. We would recommend you to hold the stock.  

Ranjit Kumar Nayak: I am new to equity market and have following investment in equity market. Kindly suggest which have to hold and which to sell.

Ajit Mishra:

1. Vikas Multicorp- 1380 @Rs 12.20 - Exit

2. Yes Bank - 50 @Rs.15 – Exit if not under lock in

3. IDFC First Bank- 20 @Rs. 28 – Exit

Sushil Goel: I am holding the below shares, please confirm whether i should hold or sell the same? Hold for 6month to 1 year.

Ajit Mishra:

1.AARTI DRUGS LTD. 100 shares@3170.00 - Hold

2.HEG LTD. 60 shares@ 916.00 - Exit

3.ADANI GREEN ENERGY LTD.300 shares@392.00 – Book profits

4.INDIAMART INTERMESH LTD.20 shares @3263.00 - Hold

Parmeshwar Prasad: I am self-employed and am likely to continue working till March 2028. Unfortunately I have put some of my investments in very bad shares. The details are as follows: Request you to kindly advise on these shares.

Ajit Mishra:

Econo Trade India Ltd: 6000 shares @ 60/-, Exit

Bajaj Hindustan Sugar: 15000 @ 12/-, Avoid sugar sector as it is highly volatile, Exit

JBF Industries: 150 @ 287/-, Exit

NBCC : 5100 @ 80/-, Exit

Bharat Electronics: 1530 @ 170/-, Hold for atleast 2-3 years

Mothersonsumi: 360 @ 160/-, Hold

APM industries: 300 @ 48/-, Exit

ICICI Prudential Life Insurance: 300 @ 330/-, Hold

SBI Life Insurance: 21 @ 750/-, Hold

Castex Industries: 3000 @ 14/-, Exit

PTC India Financial Services: 4500 @ 39/-, Exit

Naresh Kumar: I am holding BPCL 1600 QTY @ 453. I CAN WAIT 2 3 MONTH BUT DON'T BUY TO SELL IN LOSS. PLS SUGGEST IS IT POSSIBLE TO ACHIEVE 453 IN COMING DAYS

Ajit Mishra: Currently, BPCL is looking weak on short-term chart. Immediate support is at 335.In case , if it manages to hold then we might see some bound else profit booking will continue.

Nitin Gera: I have recently started investing in stock market. Kindly advice on below portfolio. Would highly appreciate your feedback and tips:

Ajit Mishra:

1- Affle @ 2800/- Stock looks overvalued, Exit on rise

2- Alembic pharma @ 1050/- Hold

3- Asian paints @ 1800/- Hold

4- Bajaj auto @ 3000/-  Hold

5- Bajaj fin @ 3500/- Hold

6- Birla soft @ 170/- Hold

7- Dabur @ 510/- Hold

8- Deepak Nitrate @ 700/- Hold

9- GMR infra @ 2400/- Exit

10- HCL tech @ 720/- Hold

11- HUL @ 2200/- Hold

12- IOL chemicals @ 800/- Hold

13- IPCA lab @ 2040/- Hold

14- JSW steel @ 250/- Hold

15- Rain industries @ 125/- Exit

16- Relaxo @ 640/- Hold

17- Titan @ 1120/- Hold

18 HLEGLAS @ 1525/- Exit

Illustration: Uttam Ghosh/Rediff.com


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.

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