promoter walked the talk, that too from institution such as L&T
Discl : Invested
Posts in category Value Pickr
Microcap momentum portfolio (01-07-2024)
Hi @visuarchie
That was super quick 
- Both Order and selection both, can you please clarify the start date used in your calculation of 6 month and 12 month returns.
My list ordered by rank from 1 to 30
KIRLOSENG
PURVA
JYOTICNC
AZAD
KIRLOSBROS
IFCI
TECHNOE
RTNPOWER
TVSHLTD
CHOICEIN
NETWEB
KPIGREEN
ITDCEM
THOMASCOOK
KESORAMIND
GANESHHOUC
HERITGFOOD
TIMETECHNO
WABAG
SHARDAMOTR
HGINFRA
NAVA
BASF
SENCO
VOLTAMP
ASHOKA
IIFLSEC
ARVIND
ELECTCAST
TARC
2a. I was using motilal oswal microcap250(MUTF_IN:MOTI_OSWA_NIFT_84KT56) to calculate index returns
2b. Let me clarify what I’m saying. I’m talking about daily returns, for eg when index(microcap250) is up 1% for a day and portfolio is up 1.3% for same day, I call it outperformance, else underperformance. There are days when portfolio underperform index. I wanted to confirm if you have also observed this.
Also, please check book ” Quantitative Momentum: A Practitioner’s Guide to Building a Momentum-Based Stock Selection System”
DCX Systems Ltd (01-07-2024)
New order from L&T
1250cr over 3yrs.
Prime Fresh Limited – Organized Player In F&V Industry (01-07-2024)
Any negative news on stock . stock has fallen almost 40% from peak .
FIEM industries : auto ancillary player (01-07-2024)
(post deleted by author)
Atma Nirbhar Bharat – Stock opportunities (01-07-2024)
Market cap.perhaps can always increase and decrease depending upon how the market values which may again depends upon the quarterly performance. And at times market may behave irrationally which later can get corrected in due course.
As far as order book is concerned , Mazgaon dock hss the highest order book
Atma Nirbhar Bharat – Stock opportunities (01-07-2024)
GRSE has a massive order book when compared to its market cap. does that help add any more weightage to the stock?
Atma Nirbhar Bharat – Stock opportunities (01-07-2024)
In fact I was trying to add to my existing holdings .
But I am holding back my decision due to the recent run up!
However , i am not qualified to give you a recommendation though I remain invested since last 2-3 years.
But I don’t find any specific reason why the stock is running up so fast … there is no uniqueness with garden reach among other peers l… All 3 stocks are equally placed to take benefit of defence play in shipping.
it may be possible that many funds / FII/ institutions/ HNI chasing or there is something in the market which we are not aware.
Rather , given a choice , i would like to add Mazgaon dock available at much cheaper valuation currently available and it may not be possible to add during OFS or post OFS as the stock may skyrocket merely because of wide valuation gap between it and it’s other two peers.
Discl : I am not a Sebi registered equity analyst. This is my personal view. Not a buy sell recommendation. please do your own assessment before buying. I may be biased since I have investments.
Microcap momentum portfolio (01-07-2024)
@Mohana_kri Hello, thanks for your comments. Please find below answers to your questions.
- Please clarify when you say the results are different. Is the selection itself very different or the order?
2a. This is something that I have observed. This has a lot to do with the stock weights in the index. It is possible that the stocks we are holding may move a lot, but has a lower weightage in the index. This can cause differences between the two. I have been enquiring and asking several people about this. One of the suggestions was to compare the NAV of any MF running on this index and the NAV of this pf. I am working on this and I have been computing the NAV of these pfs on a daily basis.
2b. I have not seen any correlation like this, but I believe it is more related to 2a.
2c. Again, no such correlation as long as the comparison is with Microcap 250 index. Same explanation as 2a.
2d. Yes, we do not take any action mid week.
- If you are referring to UTI Momentum pf, then the answer is yes. I have tried to understand their methodology and derived my own worksheet.