Since last 6 months ,i m buying stocks which i already own in significant amount.I dont know whether i m obsessed with my own stocks or i dont want to study other stocks in my busy schedule.
At present, i am thinking that
1…If i buy other stocks, i will have very diversified portfolio.
2…I bought stocks (After in depth study) in hope of
multibagger return over long period of time. Most stocks have financially performed well till now.I think they have long journey to go from here.Because small company remains small even after becoming 3 times of its mcap.
3…So i buy my own stocks which have at present
A…mcap<5000 cr
B…P E ratio <30.
I may be wrong in my strategy of buying stock after it has become 3 times or 4 times.(like in apcotex,acrysil paushak,beta and many others)
Only time will tell
Lets see.
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