I have been running a midcap pf based on Nifty Midcap 150 for nearly 2 years now. People wanted to have a look at what I was doing. Hence, I am starting this new thread.

The methodology used here is identical to what I use for Smallcap250 and Microcap250.

1. This is a 15 stock portfolio based on Nifty Midcap 150.
2. I check returns over 1 year and 6 months.
3. Divide the return by Standard Deviation of the daily returns for the appropriate period.
4. Calculate Z-score for each scrip based on the respective time periods.
5. Compute average of 1y and 6m Z-scores.
6. Rank the stocks.
7. Rebalance is done on 1st and 16th of every month.
8. I don’t relax for Worst Rank Held (WRH) meaning if a stock falls below 15, I replace it at the next rebalance.
9. No action is taken in the intervening period.

I am providing a link to the Sheet that I use.

I am not planning to update the thread after every rebalance. If someone has a request, I will post the changes.

Trend reversed from Aug,23rd, promoter bought 4% of the companys mcap at the time, shakeout happened after making new high of 720 and currently back in stage 2

My one cent… you cannot forecast numbers with certainty when it is B2G business…

Key takeaways from KEI Q2 con call

1. Drop in Margins is mainly due to increase in raw material prices of Copper, Management is extremely confident in maintaining their guidance of 10.5% to 11.0% for FY 25. For H1 FY 25 it is 10.88%

2. Revenue growth is in line with guided growth of 17% (guidance 15%-17% long term)

3. EPC business will continue to stay at 5%-6% of total revenue, drop this quarter will be compensated in the next couple of quarters.

4. QIP is done with a

• broader vision of staying a debt free company in the long run. Management does not believe in spending cash on interest costs.
• purpose to utilize the QIP proceeds for Sanad plant, which has a total capital outlay of 1800-2000 Cr, and a revenue capacity of Rs. 5,000 Crs.
• purpose to restrict the credit line / borrowing facility only to meet working capital requirements

5. Management is confident of not going for further fund raise either through debt or QIP for next 5-7 years post this fund raise, and will continue to grow at 15-17%.

6. Order book is around Rs. 3,847 Crs

7. Total active dealers are around 2038 numbers, an increase of around 33% YOY.

Do we see any correlation between share price and camphor prices month on month?