October 2, 2025
buy-or-sell1-150x1501
Elara Securities has released its Model Portfolio consisting of top notch large cap & mid-cap stocks
Elara Securities has released its Model Portfolio consisting of top notch large cap & mid-cap stocks

We hold on to the same set of guideposts for our model portfolio in the sense that we limit ourselves to non-Nifty names that are above a certain size in free float market capitalization. On the macro front, though we are looking at a mild recovery in 2HFY13, we think that select financials might just have run ahead of themselves with RBI having limited headroom to further cut rates. The only interest sensitive we are keeping in our portfolio are autos where we are banking on MSIL, Tata Motors and HMCL. On the domestic demand front, we have stayed OW on certain media names and consumption names, select infrastructure names with a bottom up story rather than banking on a tide that will lift all.

Company   Nifty weights Elara Weights Prices (9 July, 2012)
Bajaj Auto   1.3 1,506
Hero Honda   1.2 1.5 2,027
Mahindra & Mahindra   2.0 730
Maruti Suzuki   0.9 1.5 1,188
Tata Motors   2.6 2.1 241
Auto Total Underweight 8.0 5.1  
ACC   0.7 0.7 1,280
Ambuja   0.8   168
Grasim   1.0 1.7 2,634
Cement Total Neutral 2.5 2.4  
Hindustan Unilever   2.9 3.0 444
ITC   8.4 8.0 252
Zee     2.0 145
Berger  Paints     1.0 133
Asian Paints   1.1   3,683
Consumers Total Overweight 12.3 14.0  
Bank of Baroda   0.8 710
Axis Bank   1.6 3.0 1,036
HDFC   5.9 6.1 676
HDFC Bank   6.1 5.5 578
ICICI Bank   6.2 7.0 930
IDFC   1.0 140
Kotak Mahindra Bank   1.3 597
PNB   0.6 837
State Bank of India   3.4 2.8 2,209
Allahabad Bank   1.0 146
Financials Total Underweight 27.0 25.4  
JP Associates   0.5 75
L&T   4.5 5.0 1,389
IRB     1.0 133
Infra Total Overweight 5.0 6.0  
HCL Technologies   0.7 2.4 487
Infosys   7.5 7.5 2,438
TCS   3.9 5.5 1,259
Wipro   1.3   386
IT Services Total Overweight 13.4 15.4  
Hindalco   0.9 0.8 124
Jindal Steel and Power   1.0   443
SAIL   0.3 0.5 93
Sesa Goa   0.5   196
Sterlite   0.9   106
Tata Steel   1.8 1.8 438
Coal India   1.4   351
Hindustan Zinc     1.0 119
Metals Total Underweight 6.7 4.1  
BPCL   0.6 1.6 763
Cairn   0.8   309
GAIL   1.0 1.2 351
ONGC   3.0 2.5 278
Reliance Industries   7.6 7.6 732
Oil & Gas Total Underweight 13.0 12.9  
Cipla   1.0 1.4 323
Dr Reddys   1.3 2.3 1,640
Ranbaxy   0.5   491
Sun Pharma   1.5 1.5 625
Glenmark     1.0 384
Pharma Total Overweight 4.2 6.2  
BHEL   1.1 1.5 234
NTPC   1.2 1.3 160
Power Grid   1.0 1.0 113
Reliance Infrastructure   0.5   551
Siemens   0.4   722
Tata Power   1.0 1.7 101
Power & CG Total Overweight 5.1 5.5  
DLF   0.4   214
Real Estate Total Underweight 0.5  
Bharti Airtel   2.3 3.0 317
Telecom Total Overweight 2.3 3.0  
Total   100.0 100.0  
Source: NSE, Elara Securities Research        

Model Stock Portfolio From Elara Securities

[download id=”275″]

Leave a Reply

Your email address will not be published. Required fields are marked *