Advice on presently held shares / shares planned on long term basis.

Dear Sir,
I am holding the following company shares, all of them are in loss between 10 to 25 %, and I plan to sell them off when at least the prices reach my cost:
SBIN
Bank of Baroda
PNB
Federal Bank
Nestle
Rallis India
Hindalco
Mangalam Cement
Ambuja Cement
Reliance Industries
Coal India
BHEL
Tech Mahindra
L&T
Adani Ports
Tata Power
Amtek Auto
ONGC
Vedanta
Sharon Bio
Cairn
PTC India Fin Svs
DLF

I have recently acquired some shares of the following companies which I want to accumulate on every dip and want to keep them on long term basis:

Shilpa Medical
Aurobindo Pharma
Syngene
Persistent Systems
Infosys
HCL Tech
TCS
Somany Ceramics
CERA
Marico
Maruti
Motherson Sumi
Amara Raja Batteries
Heritage Foods
ITC
ICICI Bank
Axis Bank
HDFC Bank

I will be very glad to receive your valuable comments and recommendations on the above.
Regards,

 

Disclaimer: I am neither a research analyst nor an Investment Advisor. Do your own research and/or consult financial consultant before acting on my advice.

You have too much exposure to banking. I think you should avoid investment in ICICI and Axis (Fear that they have classified NPA's as bad loans. Due to new RBI rules, they will be forced to classify these bad loans as NPA's leading to fall in share price). You can continue to invest in HDFC.

If there is not much loss then you may consider reducing exposure to Adani Port (huge debt).

Hold Cairn industries. See what happens to oil prices. If oil recovers (to $45 in 1 year or so) then Cairn will benefit due to better oil price (But Reliance may loose due to less profit margin).

If your outlook is long term (More than 2 years) then hold Reliance Industries. See how its new expansion plans (petcoke gasification plant at its refinery, refinery off-gas cracker in petrochemicals, polyester/aromatics capacity expansion and import of ethane (cracker feedstock) from US) and 4G performs. Then take a decision accordingly (Monitor regularly and be very careful). You can read more below: -

https://profit.ndtv.com/news/corpor...illion-capex-to-increase-profits-by-50-751118

Syngene and Amara Raja are good companies.

P.N. : - Your portfolio is very big. You need to do something about that.

All the best.

 

Thanks very much for your guidance. I will try to reduce my portfolio, but I feel it is possible only after the market recovers to some extent in order to reduce loss.

Meanwhile, I eagerly await guidance on other shares which I plan to hold on long term basis.

Thanks indeed.

 

My thinking is that you may group the present holdings under sectoral basket. Then look at the prospects of the stocks u r holding vis-a-vis other similar sectoral stocks and do some switching. For example, SBI, PNB, BOB, Federal bank to be grouped under financial sector. Within this space the prospects of PNB r bleak. Though the stock is beaten down u may book losses and switch to either DCB or IDFC Bank which r also available at beaten down valuations with better growth opportunities. The loss that u book may help in tax planning. This way u can reduse the no. Of stocks u r holding and improve the overall portfolio outlook.

 

Thank you Anitaji. I fully agree that I should reduce my portfolio even by booking losses. Thanks again for your time.

 

i will hold these
Rallis India
Mangalam Cement
Reliance Industries
Coal India
L&T
Adani Ports
Tata Power
Sharon Bio
PTC India Fin Svs
Shilpa Medical 10-30%
Aurobindo Pharma
Syngene
Somany Ceramics
CERA
Marico
Maruti
Amara Raja Batteries
Heritage Foods 8-20%
ICICI Bank
Axis Bank
HDFC Bank
all the best @Jaya Prakash

 

There is a lot of talk in the market about a pre-budget rally. I think that would be a great time to dump all the non performing or under performing shares. Also your losses will be minimized considerably.

 

Thanks very much for your guidance. I truly appreciate your kind help.

 

Yes, that would be a good opportunity to sell some of them. Thanks very much for the info.