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Your Stocks July 4: 'I have Yes Bank at Rs 300 since a year, what should I do?

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

Your Stocks is a daily show where market experts answer your specific stock related queries.
In July 4 edition of Your Stocks, Shahina Mukadam, independent market expert and Sandeep Wagle, market expert, answer your queries on investments in the stock market.
Q: Aasha Verma writes to us from Chandigarh. She holds 5,000 shares of Reliance Communications at Rs 18.75 since two months. She is a long-term investor and wants to know whether to hold or sell?
Mukadam: I suggest, she book a loss and move out. I think one is the overall sector, thought Reliance Communications has transformed itself into a B2B player. Despite the pressure, the overall sector is going to effect it in terms of overall business. The bigger problem is the debt, which doesn’t seem to be resolved and it's becoming a penny stock. I don’t see any point in continuing to hold the stock. I would suggest that she switch into another sector, which is even relatively safer in this volatile market and will show good growth coming forward.

Q: Ms Tultul C writes to us from Kolkata. She holds 300 shares of Yes Bank at Rs 300 since a year. She is a long-term investor and wants to know whether to hold or sell?
Wagle: I would recommend a hold with a stop loss of Rs 280, which is not very far from his cost. I would look at a target of somewhere around Rs 400 given a time horizon of Rs 12-15 months.

Q: Amrita K writes to us from Chennai. She holds 100 shares of PNC Infratech at Rs 152 since a week. She is a short-term investor and wants to know whether to hold or sell.
Wagle: I would recommend an exit. This is not a strong stock. Any bounce in the range of Rs 150-155 should be sold into. In case, the bounce doesn’t come, the stop loss has to be Rs 128, because if that is broken, the stock can even go to Rs 100 levels.
Mukadam: I would agree with Sandeep and I also would recommend a sell at bounce closer to his levels that he is talking about. Basically, the big negative that has come about, which we were expecting as a positive to happen, was the cancellation of the Purvankara project. It was a big project of the company. I think almost about Rs 1,700 crore type of expressway that was supposed to come in favour, is no longer there in the books. The rally that had taken place in the stock was on back of very good numbers that they had reported in the fourth quarter. However, in terms of holding the stock, I think one should exit at a bounce.
Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.