Hey Nishant,
Good list you got there. The only exception in my view would probably be Vakrangee. There are several allegations against the promoter, just one of which is in the moneylife article below.
http://www.indianstocksnews.com/2009/06/vakrangee-softwares-limited-moneylife.html
I was invested in Vakrangee for a while as well, sold my holding not just because of the above article and many others like them, but mainly because I do not trust their numbers. They seem to be capitalizing expenses as opposed to expensing them, HINT: Take a look at the foot notes for their PP&E (Property Plant & Equipment / Gross Block)
And I disagree with hard and fast rules about a strict 33% allocation / stock. Let's say you own 5 stocks at 20% of pf each, and one of them appreciates 3x while the others lets say do nothing or go up only 20 -30%, does that mean you should sell down your winner? I would think that % allocation of portfolio should be based on a balance between conviction and risk management.
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