Medium level churn in PF. Have sold off Shivalik bimetal and Permanent magnet, bought NIBE with the money. Also have sold off Godawari and Ugro, invested in Oriana and Sky gold.
Shivalik was the oldest holding, it was not expected to perform due to the EV sale slowdown. Similar to the story for Permanent magnet. Nibe is growing dramatically and lesser chances of fraud with the increase in the size.
Ugro was the second oldest holding again not performing due to the high level of risk with peak interest rates. Godawari was facing risk of Chinese slowdown and less ore sales. Oriana is growing dramatically and lesser chances of fraud with the increase in the size. Sky gold is due to reading this blog.
Same guy @shankarnath who wrote about Samhi. 
Nibe is likely getting subcontract orders from bigger vendors like LnT likely due to the rules around defence tenders regarding the SME promotion. It’s politically connected maybe.
Oriana is solar power contractors like KPIGREEN, but growing faster, venturing into hydrogen production etc.
Also sold off Anuh and bought BLS International. Anuh was bought for hedge against the more risky ones but it has very low disclosure. Better to buy more popular stocks like BLS, world’s 3rd biggest visa processing company.
The reason behind BLS is this same source as well.
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