Yeah, as money is stuck in receivables in the distribution business, some funds were required to refurbish the stores and grow faster in the retail division, thus this small warrants round.

Hi Valuepickr

Back with the daily log here. This time improved with the inclusion of BSE Bulk Deals included too.

Links

NSE Bulk Deals: https://www.nseindia.com/report-detail/display-bulk-and-block-deals

BSE Bulk Deals: BSE Equity : Bulk Deals

1. Alkali Metals

An interesting chemicals and API based business with very high dividend payout for a company this size. Ashok Popatlal Shah has entered into this stock. Could be a good play if the chemicals businesses start to perform well again.

Have a look at the stock chart

2. Bharat Wire Ropes

Authum Investments and Infrastructure have picked this stock up. I think it is a direct competitor to Usha Martin which has also done quite well.

What’s very intriguing is that promoters also increased their shareholding over the last year from 36% to 39% percent.

The critical question to ask here is: has this stock performed enough already? Or is it cheap at 24 P/E?

3. Bright Solar Limited

Atleast two investors have picked up a lot of this stock. At first glance it is a penny stock. But promoter shareholding has gone down in the last few years. I would get interested if it is a promoter reclassification or professionals buying the company to turn it around, otherwise it might just be a waste of time.

4. Kundan Edifice

A recently invested company so it might be the case that these transactions are taking place because of the recent listing, but it is in the LED manufacturing space. I know Kenneth Andrade sir has initiated a big position in Calcom Vision through MIT Fund and his PMS, so this is definitely an interesting space to watch out for. Do read this deeply.

5. Narmada Agrobase

Covering this again as Akash Dhiman has entered the stock. I think I’m very interested in what is playing out here now, although I’ll wait for the stock price to either stabilise or come down in the next few days/months before I enter here. This is really something you should check out.

6. Paisalo Digital

Silver Stallion has invested in the stock, I remember hearing about this company from another investor friend who had asked me to look into it. This certainly piques my interest.

Thank you for the support as always.

What a rally today after election results!

As usual my portfolio stocks did not move much today as neither they are momentum based nor the key economy facing nation building sectors.

It is on these very days that you get a feel that at least some part of the portfolio should be in momentum, in fancy sectors or economy facing ones.

The transition is not easy but ideally would have liked to have a 10% exposure to excellent businesses in such sectors, maybe 1-2 companies would suffice.

I had even chosen my top picks but failed to latch on to them in last year or so…

Meanwhile, my stocks are also doing fine, if not great…but thats the way they are meant to perform…slow and steady and hopefully they continue to do that…

Current portfolio looks like below. Have excluded some 1% picks which I may weed out gradually except maybe Spencer Retail…

Some minor changes to percentages might have happened because of run up of Trent and some selling of HDFC Life for need of funds.

Disc: Invested & Biased. Not a buy/sell recommendation. Not eligible to give any advice. Post only for academic purposes and learning. I can be wrong in all my assessments.

The reason for such cheap valuation is 1) there traditional vehicle focused portfolio or 2) uncertainity in capturing EV market or 3) some kind of promoter disputes?

@meekinvestor Sir, what are your thoughts on Waaree Energies. The company Has done well in this year and may come up with IPO in the next year.