In this recent correction in market, made some minor changes to my PF, just thought to update for more learning and comments
Bought Torrent pharma after bumper Q1 and expected bumper Q2, stock corrected to below Q1 level price due to this correction and valuations are very compelling for FY16 estimate, its only 15 forward PE, for such a great mid cap pharma company/stock, ripe for rerating and very limited downside in this volatile market,a good defensive bet, can rise up to 40 % in 1 yr on a conservative basis.
Bought Avanti feeds, again after superb Q1, and trusting the mgmnt guidance, stock corrected to lower level after bumper Q1 due to mkt fall, stock split etc will keep it high, I think along with Q2 numbers is expected to be again good.
Reduced Capital first due to LAP concerns and no pick up in Indian economy as expected, higher NPAs, found better opportunities due to mkt correction
Can Fin Homes 25 %
Kitex Garments 20 %
Ajanta Pharma 20 %
Torrent pharma 13 %
Avanti feeds 10 %
Repco Home 10 %
Arman Financial 2 %
Jan to Sept YTD return is down to 40 %
Looking forward to Q2 results for some zing in PF 
| Subscribe To Our Free Newsletter |
