Please review my portfolio- please suggest changes if any.

Hi All,
I have following stocks in my portfolio

1) Banking/Finance - ICICI Bank,Axis Bank,,GRUH Finance,Cholamandalam,SBI
( should Gruh be replaced by LIC housing?)

2) Chemicals - Reliance,Vinati Organics, Monsanto India

3) Engineering -Siemens,L&T, Va Tech Wabag

4) Manufacturing - Mayur Uniquoter,,Kitex Garments, Ambika Cotton
(Kitex - Not adding new due to high valuations- is it still worth adding? )

5) Media-Zee Entertain

6) Pharmaceuticals -Suven Life Sci,Granules India,Lupin,JB Chemicals

7) Retail/Real Estate - V-Mart Retail

8) Technology/ IT- TCS, Tata Elxsi, Nucleus Softwar

9) Auto - Tata Motors

10)Consumer non durable - Colgate

11) Others - Aries Agro. Kaveri Seed

Please review and advise.

 

Your portfolio looks quite good.

I agree with your views on Gruh and Kitex. You should avoid these stocks due to high valuations. They are already trading at high PE

 

I suggest Sutlej Textiles instead of Kitex. Also I would suggest that you add DHFL or Repco instead of GRUH. You might not need both Aries Agro and Kaveri, I would suggest look at Usher Agro or PI industries. I am not a big fan of Reliance, instead look at putting more in companies like Axis (in fact move your money from ICICI to Axis). Rest looks good.

 

Dear Amitk2508 ,
My choice is

1) Banking/Finance : ICICI Bank,LIC housing

2) Oil Refinery :Reliance Ind

3) Agro : Monsanto India , Aries Agro

4) Capital Goods : L&T, Va Tech Wabag

5) Manufacturing - Mayur Uniquoter,

6) Media and Entertainment : Zee Entertain

7) Pharmaceuticals : Lupin,JB Chemicals

8) Retail/Real Estate : V-Mart Retail ( my choice is Aditya Birla Nuvo (Diversified ) )

9) Technology/ IT : TCS, Tata Elxsi

10) Auto : Tata Motors

11)Consumer non durable : Colgate

12)Metals : NMDC ( My choice in metals)

ALL THE BEST

 

All are excellent stocks ... But no idea about vmart

 

Thanks dineshkapoor27,

Any thoughts behind Sutlej Textiles? Kitex is well known company with good management and track record. SO I picked it up. Not sure about Usher Agro either. I agree your views on Banks thought. Axis looks more promising.

 

Rama Sir,

Any reasons for leaving ,Axis Bank,,Cholamandalam,SBI from the Banking space? I think SBI is good bet at these valuations.?

 

Dear Amotik2508 ji,

Axis bank is very good stock .... but in Banking and Finance i select only ICICI Bank and LIC Housing

Main reason to avoid public sector banks is NPA issues ... otherwise SBI is good but i like private banks only

i dont know much about cholamandalam

 

Thanks Rama Sir,

I would like your views on following please if you follow or like any of them or any drawbacks that you might have observed.

Vinati Organics
Siemens
L&T
Kitex Garments
Ambika Cotton
Suven Life Sci
Granules India

 

Amitk2508 ji ,

ALL companies are good but ,
I like L&T only .....

 

@Amitk2508# Sutlej textiles is a growing company of KK Birla Group. It just recently acquired Birla Textiles and thereby will become one of the biggest yarn manufacturer companies in India. It has really good brand associations and promoted by a good group. It also has lower PE, good dividend yield and great growth potential going ahead. Kitex is also good, but I am not comfortable with the valuations.

 

The reason I like axis is the credit growth (23% in Axis bank case and 15% in ICICI) Also, ICICI has bigger NPA problems than Axis. Usher Agro, although a bit leveraged company, has one of the biggest granaries in India. In food processing their plants are placed at right areas and I feel it has a great upside coming.

 

Thanks dineshkapoor27 - I will look into Sutlej textiles.

 

sutlej textile is good stock ....

 

1) Banking/Finance - ICICI Bank,Axis Bank,,GRUH Finance,Cholamandalam,SBI
( should Gruh be replaced by LIC housing?)

2) Chemicals - Reliance,Vinati Organics, Monsanto India

3) Engineering -Siemens,L&T, Va Tech Wabag

4) Manufacturing - Mayur Uniquoter,,Kitex Garments, Ambika Cotton
(Kitex - Not adding new due to high valuations- is it still worth adding? )

5) Media-Zee Entertain

6) Pharmaceuticals -Suven Life Sci,Granules India,Lupin,JB Chemicals

7) Retail/Real Estate - V-Mart Retail

8) Technology/ IT- TCS, Tata Elxsi, Nucleus Softwar

9) Auto - Tata Motors

10)Consumer non durable - Colgate

11) Others - Aries Agro. Kaveri Seed


In my view
Banking- ICICI bank reason valuation/ Karur vasya bank(Rewarding minority share holders and can be a takeover candidate)
Chemicals- vinati organics is good can also look at sudarshan chemicals( Supplys to major fmcg brands)
oil and gas - reliance
manufacturing- mayur is good can also look at mirza international/from textiles can look at trident
media-TV today network/ENIL
Pharma-all your picks are good
Retail-pantaloons fashion and retail(branded apparel business of AB group merged)
Technology-ok with picks
Auto-Tata motors actively poised but ashok leyland is more of a technical pick for 1-2 years with the cv cycle growth

 

I have Kitex, Granules and Suven in my portfolio. All are high growth stocks but you need to look at their current valuations and decide

 

ICICI Bank is cheap but stuck...I really think the management needs to show more urgency to increase business and reduce NPAs ...with KV Kamath gone I have my doubts,switch to HDFC Bank may not gain much but capital will be protected. ..can not say much about Chola but SBI is hold, I think going ahead better stick with banks than NBFCs, ..most of them are valued higher than banks and I cannot see why, banks also are likely to benefit more from rate cuts and reducing deposit costs ...at these levels I would recommend a look at BHEL and also Crompton, especially BHEL..chemicals look at Gujarat Alkali trading at low valuations ...Infosys has run up so it may not be a buy right now but for every investor that is one company that should always be in portfolio, ...TM remains high risk high reward but the fall has made it attractive...all I can say that TM India business is gone in deep slumber and recovery looks very challenging but the international business remains the key switch from Colgate to Sanofi India or GSK pharma, Colgate is facing increasing competition and dependent on a single product category

 

Thanks Bholu - will have a look at your suggestions

 

Thanks adijsg