Update
Sold 10% each in Kotak (at loss), Krsnaa (at profit) and 25% in HDFC Bank (at profit) and 50% of UPL (at profit)
Added all the proceeds to IGL at 313 avg buy price. Now IGL forms roughly 10% of the overall portfolio at cost. Believe it’s at good price point. Sold all of the above as no fresh cash to deploy and did not want to let go of opportunity being presented with good risk reward balance
Reason for sale
Kotak: high allocation of portfolio
Krsnaa: high allocation of portfolio
HDFC Bank: No reason, just felt like it
UPL: No reason as such, but weaker business among those I hold
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