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Advait Arora  |1263 Answers  |Ask -

Financial Planner - Answered on Apr 13, 2023

Advait Arora has over 20 years of experience in direct investing in stock markets in India and overseas.
He holds a masters in IT management from the University Of Wollongong, Australia, and an MBA in marketing from Charles Strut University, NewCastle, Australia.
Advait is a firm believer in the power of compounding to help his clients grow their wealth.... more
Asked by Anonymous - Mar 27, 2023Hindi
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Hi , I m holdind stove craft 400 shares bought @ 500 and PEL 110 shares bought @810.Please let me what should I do?.shall i do avergae or shall I hold for long term?

Ans: Stove Craft is a gorwing company and can be tracked for some more time. the results are very inconisistent and we need to understand why is it so ! The space is very competitive. Margins are very volatile too.
PEL is a company from great pedigree but is facing difficult times. with poor sales growth of 10.5% over past five years & it has a low return on equity of 3.37% over last 3 years. I will wait for more better results for me to convince that it is a hold for long term or not.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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