Ten baggers 3.0 Model Portfolio By Ambit Capital
Over the past two years, Ambit has used its’ ‘greatness’ framework to identify structurally strong businesses in India. These companies were identified based on their relentless improvement in financial performance over long periods of time (usually, six years). Using FY13 annual reports, Ambit has now refreshed its’ list of ten baggers. The first two iterations have cumulatively delivered 31% (over the past two years) on an absolute basis and 10% relative to the BSE500.