Ascendant’s Portfolio

Core Portfolio Update:
Added approx 5% to these stocks and increased my PF size.
Please check respective VP thread for these stocks.

Praveg

• Company has done huge Capex and I am expecting good profit growth over the next few years.

Jupiter Wagons

• Railway is giving more and more orders everyday for coaches. Both Titagarh & JWL are stocks to have for 5 years
• Chose JWL over Titagarh as stock has been pushed down quite a lot due to upcoming QIP, and stock in ASM.

Dreamfolks

• Had removed this stock in the past, but now again added it on account of Company increasing it’s presence in Malaysian Airports.
• Company excluded of MSCI India SmallCap (Negative)

Future Plans
Looking to exit Tata Elxsi after swinging for small profits. Will add 5% in Tata Tech post listing.