In the beginning of 2012, Networth identified 3 small cap stocks as being worthy of investment.
The first stock was Tilaknagar Industries which was then quoting at Rs. 35.55. Networth pointed out that Tilaknagar Industries is a fast growing IMFL player with a dominant position in major liquor market (South India) with a strong product portfolio of more than 30 brands.
Networth was confident that Tilaknagar Industries stock would outperform.
Well, Networth can take a bow because at today’s CMP of Rs. 64.50, Tilaknagar Industries has given investors a return of nearly 100%.
Networth’s second stock pick was Himalya international which was then quoting at Rs. 16.65. Networth was impressed by Himalya international’s expansion in Mehsana and tie-ups with leading Quick Service Restaurants (QSR) and JV with J R Simplot.
Networth got this right as well because at the CMP of Rs. 23.85, investors have taken home a 37% return.
Networth’s third stock pick was Oriental Carbon & Chemicals which was then quoting at Rs. 91.40. Again, it was Oriental’s doubling of capacity which attrcated Networth. The faith was not misplaced because at the CMP of Rs. 135, the stock has given a return of 52%.
Networth’s Stock Picks on 29.12.2011
|
Stock |
Reco Price (Rs) |
CMP (Rs) |
Return (%) |
|
Tilaknagar Industries |
35.55 |
64.50 |
95 |
|
Himalya international |
16.65 |
23.85 |
37 |
|
Oriental Carbon |
91.40 |
135 |
52 |
|
|
|
|
184 |
|
Simple Average Return |
61.33% |
||
So, let’s keep a look out for Networth’s 2013 stock picks
