Common Man’s Portfolio

Portfolio Update
Portfolio at ATH

Exits: Sold GAEL fully as target achieved. Reduced stake in AMI since guidance has been reduced by the management however long term story intact. Sold MAS fully as it broke important support. Sold Gujarat Themis fully ,It has run fast ahead of it’s time. will Re-enter later.

Entry: Added Shri Ram Pistons, valuations are OK, their recent acquisitions of 2 companies might provide deeper value. 1 company(R&D) is Singapore based and has Motor patents for EV sector.
Added SKM Egg Products their margins are steady as they have forward and backward integrated with poultry farms and poultry egg powder. In this hot market valuations provide head room for growth. Last year run up was due to Bird Flu in US and UK.
Bharat Bijlee it had a 16 year break out and changed it’s business model from solely depending on State Electricity boards to Private Orders. Electric sector has been booming lately and BBL is bit late. But better late than never.
Tata Tech entered for short term and stuck here. will be out soon.
CINSystech Orderbook is strong for 2 years, company is getting continuous orders from MH and UP States.
PrevestDenPro: Financial Parameters are strong and new products are getting introducd.

1. Credit Access(31%)
2. Shivalik Bimetal(17%)
3. Shri Ram Pistons(10%)
4. CIE Auto(10%)
5. SKM Egg (7%)
6. Tata Tech (7%)
7. CEINsystech(4%)
8. AMI Organics(3%)
9. BBL(3%)
10. Gufic(1.5%)
11. PrevestDen(1%)

Rest Cash