I have sold 50% of endurance tech during the recent run up . Stock is good compounder and giving around 20% including dividend in last 5 year . Reason for trimming is around 1/4 of revenue from Europe and the energy crisis may impact the margins and topline . Also recent run up makes the valuations high.
Sold off gravita (entry 250), PEL (entry 1680) .
Increased allocation to
Gati : Last quarter company was able to improve margins and shows sign of turnaround . 7 new sorting centers in next 1-2 years will improve the overall margin & topline . Merger with ACCI & buying out stake of KWE by allcargo is the next triggers
Gateway distriparks : Management increased the capex to 250 cr in next 2 years . commissioning of Dedicated freight corridor in next 1-2 year will significantly improve the performance
Ujjivan financial services : Good improvement in last quarter and recent run up in share price made me to average it (entry price 130) . In next few quarters they have to do QIP and in another 1 year reverse merger will complete .
Sandhar technologies : very similar business to endurance tech but undemanding valuation made me to enter this. After completion of capex and Full utilization topline will be around 5000 cr and current market cap is 1400 cr
Top holdings
Laurus Lab
Infosys
Indiabulls real estate
Ujjiavan financial services
Restaurant brands Asia
Gati ltd
Krsnaa diagnostics
Watchlist: Punjab chemicals, La opala, Tiger logistics, Specialty restaurant, Newgen
Subscribe To Our Free Newsletter |