Kamal Khaitan is an excellent capital allocator based on the evidence available so far. Sunteck is one of those companies that never lets a crisis go to waste. Theybdid it post demonitization, they did it during covid lockdowns. Foresight and long term thinking through and through.
I have pruned my position in Sunteck though, as I do see an oversupply coming in mid to premium segments in Mumbai RE. The stock price has run up quite a bit in anticipation of continued growth and any disappointment can lead to a correction. Still holding with about 5% of PF.
Will post a portfolio update soon.
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