Thanks everyone for the wonderful insights, just took a small position in this, lets see how this works out, real kicker will come with NCD repayment in July 24

@neo13 Hello. There is no best time as the pf is rebalanced at regular intervals.
I have been adding money progressively over the last one year. My strategy has been to add money when I have surplus to invest.
As I allow the winners to run there are times when the allocation across stocks in the pf is very different. When I add money to the pf, my first aim is to balance the allocation across ones where the weightage is low. If there is any money remaining after that, I allocate it equally across the pf.

Update to portfolio:

Current volatility in the broad market, gave some opportunity to add to my current position as well as invest into some good ideas.

Exit: South Indian Bank
Entry: EIH and Prestige
Added: Bought more of everything except Arman Financials, Marathon, Pricol, ZenTec, and MCX.

Since my portfolio is still pretty new, I figured I’d give you a breakdown of how each investment is contributing to my overall returns instead of getting into the nitty-gritty XIRR details. Also, I’ve been a bit strapped for time lately, so I haven’t had a chance to write up detailed stock theses. I’ll try to carve out some time for that soon.

Disclaimer : The content provided here is not investment advice. It reflects solely my personal opinions, and I could very well be wrong about any of them. Before making any investment decisions, it is advisable to consult with your financial advisors.

While this may be true, there’s no way to confirm that.
In addition to this, the earning performance needs to be tracked.
In Q3 Fy24, the management said that the drop in PAT because of increase in marketing expense ~8cr. This may also mean that the co. has cut down costs just before IPO to inflate the profit. So, we need to wait and watch how the earnings pan out in next few quarters.
Currently no plan to buy or sell. I may decide based on future earnings or price action or If I find any trigger

Disc: No Reco. Holding with ~2% weight

Praveen

Small Cap – Why It Is Time To Be Cautious

Look at the following chart of BSE Small Cap Index from 2008 onwards.

Look at the yellow and red lines at the bottom .

Whenever yellow line crossed the red line from up to down, we got a significant correction in the past – range of correction was different ( minimum was 20%) .

It has again happened in this month.How deep it can go , no one can tell in advance. But it is time to be catious.

These are just historical observations. May or may not play out again but as they say history does not repeat but it rhymes.

Also keep in consideration that the observation of a monthly chart take time to play out. They don’t work overnight.