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CHAT TRANSCRIPT

Sharmila Joshi | , Head of Equity, Peerless Securities

What's a good investment now?

Questions Answered

Q

kshiv99: Dear Mam,I have bought M&M finance at 235 for long term,currently its around 200,wat are your views?Thanks

Sharmila Joshi: I like the stock - add on declines
Q

PROBATIONER: I AM SHORT IN NIFTY @5850 AND IN RELIANCE @855 PL.ADVISE

Sharmila Joshi: Keep strict stop loss of 5980 for Nifty and 867 for RIL
Q

asnain: is it the right price to start buying tv18 broadcast?

Sharmila Joshi: yes, add on declines - do a staggered buy
Q

rj-2013: i have dlf pe250 .. what m doing sell or hold

Sharmila Joshi: exit position
Q

gappusuper: Thnks to suggest some good infra stocks for 2-3 years.

Sharmila Joshi: sadbhav engineering, ilfs transport,
Q

rj-2013: i have union bank of india buying rate is 236, what m doing sell or hold

Sharmila Joshi: hold
Q

praravinda_2012: madam, please suggest some stocks for investment for 1 to 2 years

Sharmila Joshi: tata global, grasim, exide, wockhardt, allahabad bank, tata chemicals
Q

demblavik: Hi mam, whats ur view on sterlite industries over 1yr period?

Sharmila Joshi: Hold to get the synergy of the sterlite-sesa goa merger. Also this is the wrong time to sell sterlite - sell when commodities are in an upswing
Q

vishaljain002: I am holding 1000 shares of Somany Ceramics purchased at the rate of Rs 105/-per share. The scrip has now fallen to Rs 68/- levels. Please advice regarding the target and timeframe. I am willing to hold this stock for the long term. Thanks.

Sharmila Joshi: It is a good stock - average at this level and hold
Q

vishaljain002: I have shares of Jai Corp purchased at the rate of Rs 235/- per share. The scrip has fallen drastically from those levels. Please advice regarding the target and timeframe. Will it reach those levels again? Thanks.

Sharmila Joshi: Switch out of the stock
Q

prasenjit64: Mam, how come the market cap of Grasim be lower than the market cap of its share in its subsidiary, Ultratech cemco?

Sharmila Joshi: Cement business gets a better valuation than VSF - in Grasim you will only get holding company valuation for cement which will be taken at a discount. Having said that I like Grasim - target 3900
Q

demblavik: Mam.whats ur long term view on reliance infra and reliance capital?

Sharmila Joshi: At this price both are good
Q

divinity: Can I Purchase Zuari Agro and GE Ship at CMP

Sharmila Joshi: I like Zuari Agro, GE Shipping I would wait a bit
Q

skirank: My portfolio is bleeding. I am holding anik industries, Noida toll bridge ,aditya birla money,EIH,SJVn.Kindly advice whether i can avg/hold/bok loss or switch to any good stock.

Sharmila Joshi: Very honestly don`t like any of the stocks except Noida toll and EIH to some extent. So I would recommend sell in the rest. Try and put the same money in frontline stocks.
Q

arinshare: I have 10 years now. Could you tell me few name, I can accumulate those scripts by small qty for my son`s higher education cost?

Sharmila Joshi: Since it is education that you are trying to provide for - try and but Nifty stocks at falls, also look at a Nifty ETF option
Q

shareefind: Hi... what is your view on cebbco...i am holding 13000 @ 54 ... shall i average ... i can hold for 1 -2 years... please advice...

Sharmila Joshi: Yes you can - but wait a bit - and don`t add altogether but average in a staggered manner
Q

vishaljain002: I have shares of Biopac India purchased at the rate of Rs 36/- per share. The scrip has fallen drastically from those levels. Please advice regarding the target and timeframe. Will it reach those levels again? Thanks.

Sharmila Joshi: It has become a penny stock now - recovery from this level is very very difficult - I would recommend exit
Q

arinshare: What is your view on " City Union Bank"?

Sharmila Joshi: Quite good, target about 65
Q

pkumarpalani: Mam, bought ntpc for 230 long back, what is the future on this.

Sharmila Joshi: Future is good, but stock is slow to move, 230 would be a level to exit, therefore try and average your price lower gradually.
Q

swapnilsharma83: Any opinion on infrastructure funds; in general?

Sharmila Joshi: I would look at them after a quarter or so - once we have little more clarity on the policy front as well as the interest rate scenario it would be time to start inveseting in infra
Q

gopendrasinghh: madam what to do with Yes bank(@389) Fresenius kabi (@85)

Sharmila Joshi: Hold - I like both
Q

SPT: Mam I have NMDC @ 285 at FPO price. Then during OFS all the analyst on TV recommended to buy. I again bought at 165. I bought 1,000 shares each time. Please tell me what to do?

Sharmila Joshi: The problem is the lack of clarity on the entire mining front. Its a good stock. I recommend you hold.
Q

praravinda_2012: madam, coal india, karur vysya bank and hdfc bank is it the right stock to hold.

Sharmila Joshi: Hold, all are good
Q

uskasturi: Hi, What is your opinion on Jindal Steel,Titan Industries and Castrol from a 3 year period. Can you suggest buy prices for the above 3 stocks. Thanks

Sharmila Joshi: I am little sceptical about Titan in the near future. The other two are good. Jindal you can buy at current levels - slowly. Titan around 200 level. Castrol too on fall.
Q

amit.bansl: Hello mam i am holding railway stocks from last two years still this year they haven`t performed . holding kalindee rail and kernex at 150 rupees

Sharmila Joshi: Railway stocks are very seasonal, I would say exit
Q

arjun200p: What is your view on Jain Irrigation? Can I buy at these levels for long term?

Sharmila Joshi: Yes, it is quite beaten down,add slowly
Q

prasenjit64: One more question pl. Why the PE multiple of Yes Bank is far less than its peer, namely, indusind Bank etc.? Is it due to its exposure in corporate loans?

Sharmila Joshi: Yes Bank is trying to expand its retail portfolio - so probably over a period of time that gap will close
Q

jayeshkokila: i have 30 share of setco auto what can i do

Sharmila Joshi: You can sell at this level - seems quite well priced
Q

gappusuper: Pls suggest some midcap IT stocks.

Sharmila Joshi: Hexaware, KPIT Cummins, Eclerx, Info Edge
Q

gappusuper: pls suggest on unitech..

Sharmila Joshi: I would not buy
Q

uvanza: Madam, I brought 500 shares @ 157.00 of NMDC, current prize is around 145, what is your suggestion on this.. should i wait?

Sharmila Joshi: yes, hold
Q

manubhaiiii: can you tell me two /three small cap stocks from long term view ??

Sharmila Joshi: CMI FPE, Vinati Organics, Century Plyboard
Q

mumbai.com: can i buy kalindee rail on monday for a week? thks

Sharmila Joshi: no
Q

manishgurnani26: Dear Madam , I am having 1000 shares of binani industries @ 140/-.Kindly let me know should I average at CMP or hold...Thanks and Regards,

Sharmila Joshi: Don`t average. Hold
Q

rkchandrashekar: I have bought Bata around 800 and Torrent Pharma around 700. Would you recommend hold/add/sell. I am a long term investor

Sharmila Joshi: Sell Bata, Hold Torrent T 780

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