Hi @Chandragupta I have been following your posts and comments. They are always insightful and most of the times I learn something or the other from them!
I am holding Indian Hotels since the covid lows and am obviously sitting on decent multibagger gains. I attended the investors call and the Management seemed confident about the long term, structural kind of a growth in Industry and an industry leading growth in Indian Hotels. As many of us believe that hotels specifically are highly cyclical and it seems that the boom upcycle post covid is getting over since the triggers are diminishing for the earnings to grow more than 20-30%, in my view.
What is your take on the Hotel industry as a structural play on premiumisation and increase in per capita income? Should one hold the stocks for, per se, 2-3 years from now?

Disclosure: Invested, since lower levels of covid.

Can you please explain your reasoning on why you’ve these stocks? What thought process did you have to invest in these stocks.
I’m interested in knowing why you’ve invested 12% in Lux even when there was management issues.

May also add Carysil to the list

They seem to be making more money from their investment in the share market than their core operations. Explains why they have been investing heavily in the stocks (recently Gufic Bio and Aegis Logistics). I would stay away. They are no different than a share trading company.

Capital allocation and corp governance seem to be an issue here.

Disc: Tracking, not interested right now.

I am posting my portfolio for expert opinions.

1. Prakash pipes – 12%
2. Paradeep phosphate – 14%
3. Lux industries – 12%
4. EMIL – 11 %
5. Birlasoft – 9%
6. Laxmi organic – 9 %
7. Infobeans technology – 9%
8. Chemcrux enterprises – 9%
9. Ajanta soya – 8 %
10. Precision wires – 7%