Hey Mate, what is the XIRR so far? even tax adjusted if you can share. I had done a similar exercise back in 2022 YE. But I guess it was the worst time. You see what I learned is that the momentum is best strategy for return but its biggest enemy is a range bound market like what he had for 18 months back in 2022. It keeps on making you buy high and sell low on repeat.

I think this ola frenzy is not going to be sustainable. Read few reports and little scuttlebut here and there and found there are many issues with ola 2 wheelers which they are not being able to address as they don’t have reach and touchpoints like hero or bajaj or trained skilled personnel for R&M.
I think its more like being playing on EV mania. India runs on oil and it will continue to do so for long time. Many issues with EVs will surface within next few years as it has just begun. If EV is really disruptive as being proposed then current market leaders with heavy cash chest would have already done it by now. Further EV materials dumping from china will be huge then.

Update for entry on 2nd September 2024 (look back dates: 01/09/2023 and 01/03/2024)

50EMA (17383) > 200EMA (15457); hence, we can continue without any change.

As per ranking:

1. GLENMARK
2. COCHINSHIP
3. GODFRYPHLP
4. GRANULES
5. INOXWIND
6. POWERINDIA
7. ERIS
8. MOTILALOFS
9. PCBL
10. DOMS
11. ARE&M
12. SIGNATURE
13. SUVENPHAR
14. DEEPAKFERT
15. WHIRLPOOL
16. MCX
17. 360ONE
18. QUESS
19. BIKAJI
20. CDSL

Based on A → Z for easy tracking:

• 360ONE
• ARE&M
• BIKAJI
• CDSL
• COCHINSHIP
• DEEPAKFERT
• DOMS*
• ERIS*
• GLENMARK
• GODFRYPHLP*
• GRANULES
• INOXWIND
• MCX
• MOTILALOFS
• PCBL
• POWERINDIA
• QUESS*
• SIGNATURE
• SUVENPHAR
• WHIRLPOOL

Exits:
BLUESTARCO, HSCL, JAIBALAJI and KAYNES make an exit.
HUDCO remains within the top 25 and hence stays.

Entries:
DOMS, ERIS, GODFRYPHLP and WHIRLPOOL make an entry.
QUESS cannot enter as there is no vacancy.

Founded in 1977, V-Guard Industries Ltd. is a leading Indian company specializing in Electronics, Electricals, and Consumer Durables. Initially known for voltage stabilizers, V-Guard now offers a diverse product range, including stabilizers, UPS, inverters, wires, pumps, fans, water heaters, and kitchen appliances. It holds significant market share in stabilizers (42-45%) and water heaters (14-16%). V-Guard operates manufacturing facilities across India and outsources about 40% of its products. The company has a robust distribution network with 32 branches and 60,000+ channels. In January 2023, V-Guard acquired Sunflame Enterprises for ₹680 crore, expanding its product line.

Safari Industries, established in 1974, manufactures and trades luggage and accessories. Its offerings include hard and soft luggage. Hard luggage, made from PolyPropylene (PP) and Polycarbonate (PC), is produced in-house at Halol, Gujarat, while soft luggage, made from various fabrics, is largely imported. The company sells through standalone stores, B2B, B2C, and e-commerce platforms. With a monthly capacity of 6,50,000 pieces post-expansion, Safari is investing Rs. 215 Cr in a new Greenfield facility in Jaipur. It also plans to raise Rs. 229 Cr via a share issue. New initiatives include the Urban Jungle brand and enhanced direct-to-consumer sales.