Great time to make fundamently strong blue chip portfolio

Added token quantity of RBL Bank, will add further on decline. I am fond of pvt banking. With RBI vigilance, there are check and balance on banks, good for small investors.

 

Some great discussions / ideas. Thanks
Looking at the current valuations and that there is an IPO of ICICI Pru in offing ( itself likely to be valued > 60000 Cr, and Bank bring the majority share holder), I am positive on ICICI Bank.
There are NPA issues, but they seem to be largely included in the present valuation and presently ( to me ) positives seem to outweigh negatives significantly.
In my view, 30%+ rise expected in next 6 to 9 months.

 

This is also based on the belief that I Pru Life IPO will happen in this period. The sense has been that it should happen in the current calendar year.

 

Added RBL bank further in very small quantity . Will buy further on decline.

 

Good Decision

 

Added small quantity of IDFC bank further, now stock becomes part of my core portfolio for long term and now crosses 1 % of my portfolio.

 

Added further small quantity of Tata motors, HDFC bank and Rel capital . Also took small token exposure in Maruti, plan to add more on decline .It is first time I am investing in Maruti.

 

Wondering what will be the total portfolio amount.....

 

Sold granule India and booked loss. Stock has been frustrating me for last one year. Proceeds invested in DCB bank, my other portfolio stock.

 

Today exited from Relince Power and book loss, bought in IPO and also at lower level, Proceeds invested in IDFC bank. I hope to recover money at this counter in long run.

 

Sir, Isn't Granules touted to be one of those long term multi-bagger stocks?

 

I bought stock with same logic which you are giving. But stock was over priced in anticipation of high growth but now top line growth is down to just 10%.Every boom has a theme, which are never same again. Although all fundamentaly strong blue chip growth stock will make money but boom will be primarily led by pvt banking, NBFC, Housing finance, auto, cement, paints, fmcg and other consumer centric domestic themes. So it was more of an exercise to align with boom themes.

 

Added some more small quantity of IDFC bank. CLSA has included this stock as top mid cap pick and FTSE Earning Index Rebalncing may also result in 10 millions USD flow to IDFC bank. So this small ticket bank looks to be a safe bet in this red hot market.

 

Vardhman textiles discussed many times is doing buy back of Shares worth 720 Crore up to max price 1175 per share .With this buy back you can judge health of this company, when Banks are struggling with huge NPA in textiles sector . Stock has given solid returns when people were losing money in many fancy hyped textiles stocks.

 

Exited from Infosys completely in single shot and shifted all proceeds to RIL . Infosys no doubt a quality company but can not carry on an under performer in Roaring Bull Market.

 

@kharb ji ,
Few moths back some one asked about Infosy and i replied company future is not that much good ..do you remember that sir

 

Yes but earlier I was thinking of converting Infosys to HDFC bank, but I now finally has converted to RIL.

 

my view is reliance ind also not cleared " ONGC " issue ....
so allocate if you interested some portion to HDFC BANK also , so risk will reduce and invest in market correction

 

Further added small quantity of IDFC bank, already my portfolio stock.

 

Got small allotment in ICICI Prudential life IPO.Welcome Listing of new sector,although not expecting significant Listing gain,intent to hold for very long-term .