Great Diwali cleaning done!
Sold off Indraprastha medical, Natco, Gujarat themis, Indigo, Kotyark, Sharda motors and Time techno.
Bought Cosmic CRF, Motilal oswal, Waaree energies, EFC, Venus pipes, Macfos and Shakti pump, in order of decreasing weight.
Indraprastha medical had crossed my target, further return is expected to be muted due to lack of expansion plans.
Natco is big pharma which is bit complex for me.
Gujarat themis growth trigger is bit too slow to play out.
Indigo margin pressure doesn’t look good, together with the selling from big promoter exit.
Kotyark seems to be facing delays in government policy regarding biodiesel.
Sharda can face issues with the slowdown in auto industry.
Time techno had increased quite a bit and further growth can be slow.
Cosmic crf is mainly in the railways parts business and seems to be growing fast with takeover of bankrupt businesses.
Motilal oswal fin has a good broking and wealth management business, valuation seems good.
Waaree energies is a bit of a wild card entry, just happened to be listed on the day when I was in the middle of the trades with cash on hand.
Efc seems to have good growth plan for the office space rental, interior fitting and the new furniture businesses.
Venus has added good capacity with sales for industry capex expected to do well.
Macfos is in the retail market for electronics parts, seems business can scale up with more technical products being built in India.
Shakti pumps can perhaps be bigger winner from solar pumps tenders.
Disc: unqualified to advise, hence please do your own research.
| Subscribe To Our Free Newsletter |
