Microcap momentum portfolio

Update for entry on 23rd September 2024 (lookback dates: 22/09/2023 and 22/03/2024)

50EMA (24496) > 200EMA (21425); hence, we can continue without any change.

Based on ranking:

1. PGEL
2. ANANTRAJ
3. WOCKPHARMA
4. IIFLSEC
5. NAVA
6. LTFOODS
7. CHOICEIN
8. GRAVITA
9. NEULANDLAB
10. WABAG
11. TVSHLTD
12. PURVA
13. MARKSANS
14. STAR
15. TECHNOE
16. BASF
17. KESORAMIND
18. NETWEB
19. NEWGEN
20. OPTIEMUS
21. SANSERA
22. VMART
23. SHILPAMED
24. SHARDAMOTR
25. BECTORFOOD

Based on A → Z for easy tracking:

• ANANTRAJ
• BASF
• BECTORFOOD*
• CHOICEIN
• GRAVITA
• IIFLSEC
• KESORAMIND
• LTFOODS
• MARKSANS
• NAVA
• NETWEB
• NEULANDLAB
• NEWGEN*
• OPTIEMUS*
• PGEL
• PURVA
• SANSERA*
• SHARDAMOTR
• SHILPAMED
• STAR
• TECHNOE
• TVSHLTD
• VMART
• WABAG
• WOCKPHARMA

Exits:
IFCI and KIRLOSENG make an exit.
SENCO and TIMETECHNO stay within the top 30 and hence remain.

Entries:
NEWGEN and OPTIEMUS make an entry.
BECTORFOOD and SANSERA cannot enter as there is no vacancy.

Note: The index is being rejigged end of next week. There are going to be 55 changes in the index constituents. This will have an impact on some of the scrips in the pf also. Next week’s rebalance will take into account the new index constituents.