Your Stocks is a daily show where market experts answer your specific stock related queries.

In August 3 edition of Your Stocks, Ashu Madan of Religare Securities and Prakash Gaba of prakashgaba.com, answer your queries on investments in the stock market.

Q: Aakansha Mishra writes to us from Mumbai. She holds 200 shares of VIP Industries at Rs 132.80 since one year. She is a long-term investor and wants to know whether to hold or sell.

Madan: If you look at India’s organised luggage industry, it's growing at a healthy pace. That is very important. Rising disposable income, increasing women workforce, tourism, everything put together and certainly you would see there has been a shift of mindset of people to shift to quality products. So one is that.

Secondly, I think you look at the track record. Last year has been impressive with the revenue and profit before tax (PAT) growth of 11 percent and 43 percent respectively. So I think, with healthy industry prospects and company initiatives, I expect that this company will continue to do well and one should certainly hold this stock irrespective of any levels or any dip in these midcaps, etc. which is happening. So, with a medium to long term perspective, I feel very positive about the stock and one should continue to hold.

Gaba: It's a positive structure. It sees a correction, gets over, consumes the correction, and goes up. It's Rs 532 now. I think it's heading up to around Rs 600 zones. It is a matter of time. In fact, if you get dips, those are buying opportunities. So hold and a buy.

Q: Juhika Desai writes to us from Mumbai. She wants to invest Rs 20,000 in Berger Paints for long term and wants to know the right time to enter the market.

Gaba: Berger Paints is a stock that is a long term hold. If you get dips, it's a buying opportunity. If you want to buy, buy around Rs 300 zones. Add it and just relax. It's going to paint your colour red.

Madan: 2017-2018 was a challenging year for the industry. However, with the recent rationalisation in the GST rates and the revival in the rural and urban demand, I would think that company would continue to do better and the effort towards brand building and distribution expansion, everything put together I would certainly recommend to hold this stock and definitely very positive on the stock.

Q: Anjali Thakral holds 5000 shares of Titan Company at Rs 650. She has been holding it on for a year. She is a medium-term investor and wants to know what she should do?

Madan: The best thing about Titan recently is it that, it had its share of correction also. Whatever small correction, because of the midcap correction or the overall correction in the stock it has weathered that storm also and it is standing stable.

Talking about the fundamentals, I think it’s organised, people shifting to organised buying in jewellery though overall jewellery is little down, but still its beneficiary of organised market and the most heartening, as I said is, it has rebounded from the correction, which has recently happened in the stock and that’s very encouraging. So I would say that the way the market is shaping up these select — a lot of money is chasing select stocks and Titan is also one of the beneficiaries of that. So everything put together, it’s certainly buy, hold and keep it for some more time.

Gaba: Basic structure positive, corrections are there. It’s getting over, it’s getting consumed, so though nothing much is expected but still it’s up. I think its heading to levels closer to Rs 1,000 zone and maybe beyond that. So continue holding it.

Q: Nitya Shriraman holds 26 shares of Nestle India at Rs 6,883 for the last 11 months. Long-term investor. Wants to know whether to hold or sell?

Madan: The kind of premium it's generating, is maintaining leadership position in majority of its brands and they are performing well across segments. So now in focus would be innovation and increasing volume share in its core brands. So it has strong revenue stream and the consistency is the key and return ratio, if you compare to other fast-moving consumer goods (FMCG) company, it is certainly better. So this premium demanding trend would continue in the near future also. So I would advise the stock which is delivering healthy return.

Q: Monika Deshpandey writes to us from Mumbai. She holds 45 shares of Wipro at RS 274.50 since 2.5 months. She is a long-term investor and wants to know whether to hold or sell.

Gaba: Beautiful up move, on a higher timeframe basis tells me it is still up. Rs 531, I think it is going to see Rs 600, it is matter of time. You have held for long time, continue to holding it, and buy dips.

First Published:Aug 3, 2018 5:27 PM IST