Thanks. This looks more of long term hold to me but in a roaring bull market holding these types of stocks is tough.

As evident from earlier posts , I am all for diversification. If one is to invest significant portion of ones capital and sleep well, one has to be exceptionally strong in guts to invest in 1 , 3 or 5 stocks . I am more of a Lynch follower and not Buffet . Buffet did all the things that he nowadays says not to do in first 20 years of his career .I believe that limiting oneself to index stocks or largely followed stocks is the reason why most portfolios undeperform . Its utterly useless to spend ones own time and energy in direct investing if the returns are 15% . There is also one very good reason why low number of stocks are risky …
Can one invest 30% of ones capital in a stock and be cool if it goes for 20% LC or more or goes for 50% drawdown ? I have seen stocks where I had full confidence go down 50% .
Lots of experience and guts are needed to invest 10% of capital in a stock where very few sees value…but thats what makes the stock cheap and become a multibagger …
I have had about 6 stocks that became 3x to 20x , and similar number of stocks where I booked more than 25% loss . Its great fun to think what if I had invested 100% in that 20 bagger but one must also think what if it went down 50% ?
With diversification , one must ensure that he wins more times and by better margin than the times he loses but loss is inevitable.

@Cshar Thanks for your encouragement . I hope I grow stronger guts and concentrate investments like you do .

Just like any agri commodity cotton prices are generally very volatile. During peak arrival season prices and availability of right kind of cotton are favorable. Only cash rich mills can stock up full year requirement and this is a very standard practice. Also they get better price. So we have no choice but to accept large cotton inventory if we want to be Ambika share holder.