@sandesh1893

1 Most breakouts will work only when markets are in a bullish phase. Potential winners of the next bull market are identified when markets are coming out of a bear markets. i.e There are first signs of revival of a bull market after a bear market. Sometimes some stocks/sectors will start their bullish phase well before the broader markets have bottomed out. These can be big winners during subsequent bull markets.

But current market is one that is a full blown bull market and it makes sense to look out for and ride breakouts where set ups are good. ( I think we are not on the same page here. Your query indicates “this prolonged period of dullness” whereas I find current markets full of fun and frolic. How long this lasts is anybody’s guess but current market is one of bullish phase. )

2. I am not a method stock picker. I am more of an intuitive/feel based stock picker. If I find that in a company, its easy to understand the triggers, its business, and if the technical set up is good, I zero in on those companies and dig deeper wherever indicated. Sometimes ideas come from technical set ups, sometimes from fundamental angles… Or from fellow investors. If they appear right to me, I dig deeper. Sometimes I have given up on some ideas too early only to see those go up a lot. But as long as you have your fair share of winners, you don’t need to be grumpy.

Thank u. So much for information

Looked this up … seems epoxy resin and epoxy adhesive have slightly different applications, but are complementary. and about Birla Babu… the old adage goes … traditional approach was to target raw material sensitive sectors get scale and cost advantage and then keep expanding… this is now extended to consumer areas also with debatable results … Birla has this knack of raising both equity and debt capital in advantageous way so long term they keep one step ahead of competitors. Kumar Babu thinks your margin my opportunity <> . this is some inside stuff I have been privy to …

Malolan

Current Portfolio at the end of 2023.

Portfolio Allocation: Equity to Debt = 60:40

1. Latest additions are JK Paper and Panama petrochemicals as they came up in my screener. Expecting JK Papers recent acquisition to help in packaging business.
2. Increased allocation to current stocks
3. Redeeming from AXIS ELSS as and when lock in completes due to poor performance in recent years

Performance

@Shashank_Sinha1 Your calculation is spot on. I understand you’re referring to this from the FY23 annual report.

Arvind Lifestyle Brands Limited reported a revenue of INR 2240 crore, accompanied by a relatively modest profit of INR 3.60 crore. Notably, this includes the prominent USPA brand (recognized as the company’s best-selling brand with the highest EBITDA) and Arrow. The constrained profitability may stem from either Arrow facing losses in the previous year or the possibility that the entirety of the company’s interest payments is channeled through this subsidiary. The same pattern of less profitability is seen in the latest quarter also.

If you have discerned the underlying reasons for this diminished profitability, could you please elucidate them?