G CHOKKALINGAMFounder, Equinomics Research & AdvisoryI have 200 Hudco shares at Rs 94. Please advise whether to hold or sell the same. — ADITYA CHOKHANIHudco, after crashing 46 per cent from its 52-week high, trades at very low valuation of 1.2 x its FY208 adjusted book value. It is worth hold at current price and hope to get back your invested price in 2 to 3 years.I am holding 10,000 shares of Shiva Cement at Rs 30 and 200 shares of JBM Auto at Rs 391. What should I do — KARAN SHARMAYou may hold Shiva Cement for the long term as JSW Cement has consolidated its holding in it to make it a subsidiary. It is worth waiting to see further developments regarding expansion plans and also possible consolidation of Shiva Cement.Can I buy Tourism Finance and Hawkins Cooker now?— HN JAJUAfter significant corrections, both stocks look quite decent for accumulation. However, as i believe that the mid cap space will be under pressures till December 2018, I suggest adding them in 2 or 3 phases till end of 2018.I have Can Fin Homes 4,000 shares and PNB housing Finance 1,000. Shall I hold or sell? — GOKALDAS GAJARIAYou may hold both of them. After steep corrections, they trade around 3 to 3.3 times their respective book values, which is quite decent for the housing finance companies.Bayer has acquired Monsanto and their offer to buy out the Monsanto shares from investors is Rs 2,827 per share. Please advise what investor should do. — DR AK RAMDASAt this offer price, the stock is attractively valued around 30 PE on trailing EPS of 2018 is very attractive for this agri technology giant. You may take a tactical chance of holding it for any possible upward revision of offer price.I am holding 27,000 shares of Reliance Naval and Engineering Co at Rs 54. Can I hold it for a year? — BHALCHANDRANet debt of Reliance Naval is nearly Rs 4,500 crore while its annual revenue in FY2018 was just about 1/10th of this debt. So balance sheet is under huge stress – having lost 78 per cent of your investment, you may look for any possible tactical upswing to exit the stock.I am holding 600 shares of Shilpa Medicare at average price of Rs 600 since last 2 years. Please advise me. — NEERAJ KUMARAt the current price the stock is fairly valued at around 21 PE on FY2019 expected earnings. You may sell the stock if it moves up close to Rs 450.I’m holding 8,500 shares of Hind Zinc at Rs 322. Should I accumulate moreRs — SANJAY SOMANIOngoing trade war has triggered some early signs of deflationary pressures and hence, metal prices including zinc started correcting. However, considering solid cash on the balance sheet, high operating margins, aggressive expansion projects and possibility of another special dividend, please hold Hindustan Zinc.Please send your queries on Stocks to et.stocks@timesgroup.com; Mutual Funds to et.mfs@timesgroup.com Tax to et.tax@timesgroup.com Insurance to et.insurance@timesgroup.com Realty to et.realty@timesgroup.com
from The Economic Times https://ift.tt/2N0iSfc
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