portfolio advice

Please suggest about the following stocks:
1. Federal bank bought @ 65/-
2. Jk Lakshmi Cement @ 350/-
3. HCL Tech@ 875 /-
4. GlenmarkPharma@ 950/-.

Investment horizon: 1 -2 years

Thanks

 

Hold on ,reasonably OK.

 

Stock selection is good there is no dabba stock in portfolio. All stocks are of companies with good management. But why you have such concentrated portfolio? How much % you have in each stock? At least pharma stocks are dangerous for concentrated portfolio. Suppose there is FDA alert for Glenmark (like Sun or IPCA), you may be in heavy loss.

Federal Bank had huge NPA and stock has fallen. Are you expecting bounce back? You can consider adding NBFC like CAPF or Repco to portfolio. I think it is best to have at least 10 stocks with max 10% allocation to each stock unless if you are highly knowledgeable investor and have bought after thorough research. For ordinary investors buying with limited knowledge, best portfolio size is 20 stocks with max 5% allocation. It is very easy to find 20 stocks in Indian markets

 

I have selected below 20 stocks, some of them i m holding and rest i am planing to buy. kindly advice can i buy below now and remaining stocks can i continue to buy or sell during correction

ACC-------Planing to buy
PIDILITIND-------Planing to buy
BATA INDIA -------Planing to buy
TITAN-------Planing to buy
NATCO PHARM-------Planing to buy
JB CHEM &PHARM-------Planing to buy
CIPLA --Holding
CASTROL-------Planing to buy
BHEL--Holding
COAL INDIA--Holding
HDFC BANK--Holding
SBI--Holding
HUL--Holding
ITC--Holding
MOTHERSUMI--Holding
ESCORTS-------Planing to buy
ONGC--Holding
INFOSYS--Holding
WIPRO--Holding
Gujarat Pipavav Port Limited-------Planing to buy
Heritage Foods Limited-------Planing to buy

Thanks in advance

 

@Yusef just buy heritage foods.

 

Thank you sir for your time and advice.
how about others stocks, can i buy them in correction?

 

Ultratech in place of ACC,L& T in place of BHEL,Reliance in place of ONGC ,Infosys or HCL technology in place of Wipro may be considered from same sectors.Rest of list can be hold .

 

Pidilite and castrol are very defensive stocks inspite of being rock solid. Will entail a longish holding period for any meaninful return.

 

Thank you... I am ready to hold it for 10+ years.

 

Both are gems then. You will see i hold them too.

Why Escorts?