@NikhilJain

No Nikhil don't mind at all

your views are very much invited. I will work on your suggestions.

Infact what I did earlier was Reliance group was forming 25% of my portfolio in 2003-07 bull run and the same ruined my portfolio after that. So I cleaned whole Reliance group and all the PSU's companies,JP group etc and now retained this stocks which I brought from my own studies and some added after getting in touch of this magnificent forum.

It seems that the market is valuing Gruh more like A FMCG than a HFC because of its high ROE and div. Payout ratio. But htere are 2 points to be noted here 1. In past Gruh has grown faster than FMCG cos.
in future also it is likely to grow faster than them despite all the concerns in view of the huge potential.
2. FMCG cos. don't have to deal with NPA problem but GRUH has to. But here also the past record
comes into the picture and in future also the position is unlikely to change given the quality of Management
and its parent HDFC. No doubt, market is giving GRUH high P/E and P/BV.

KRISHAN

Chirag, considering that you do not mind me advising, I can provide couple of pointers. Those shall help you trim down number of companies in your portfolio.

Consider all those stocks listed in your portfolio as a watchlist. Then, assign each of them points/ratings for MOS (margin of safety) at CMP and Growth potential.

Once this is done, you'll be able to organize your stocks by high scoring to low scoring. Then you can take your top picks and remove the rest without emotion.

Thanks for rectification and clarification.

No body is posting once the thread is open

Kitex results are on 19th, they have indicated to declare interim dividend also this time.
Once all the doubts of cash etc are seen in Q2 BS, can there be further re rating or valuations are already stretched ?
What could be the better use of cash apart from dividend ?
There was some murmur few months back to increase no of shares, hence bonus etc ? these measures if any, can be seen huge +ve by market.
The co will also become debt free by Q2 as per recent con call, So, Q2 numbers and con call is going to be very crucial.
If the cash of 200 Cr remains as cash , this it self will propel earnings by huge number with interest income, even from debt funds etc.
In the last few months Mgnt has done lots of clean up activity to come out clean ( may be due to pressure from Mr Market/well wishers advice etc), cash conversion, brand tie up, own brand launch etc. If the numbers come good in Q2, the story may again begin fresh for many from 2/3 yr view as a min 40 % compounder !

Disc : Invested