The shareholdings of FII’s is increasing rapidly… please explain?

Curious about your sell decision on Jamna auto. If I look at the numbers, company has shown decent growth. Price hasn’t reflected that. No PE rerating despite earnings growth.

I normally start out with a bigger portfolio of about 10-15 stocks which I find promising. As I research businesses more , I keep selling companies which ,I don’t understand or whose business I don’t like or who are not performing business wise . I keep adding to my best bets and In the end I end up with 2-5 companies . So as per company performance improves or my assessment of the company improves I add to my position.

1.I am not much worried about monthly fluctuations in my portfolio . As long as the underlying businesses are healthy I am not much worried. However it still stings if portfolio value drops substantially but I think that is part and parcel of investing and you get used to it.
However If companies business deteriorates I try to exit.
2. I don’t look at price trends and I don’t think I can predict where I can take maximum profit. I have sold stocks at 70% below high value. I try to look at fundamental trends only. I have no idea about technicals.
3.If the stock is not moving but underlying business is improving I’ll add to my position. There is one caveat ,the company should have a reasonable long runway of growth(5 years minimum ) and the underlying fundamental parameters or the industry prospects should be improving.
Regards
Sandeep

All I can say is I would have more confidence in their Premium segment strategy than their electric segment strategy. Whether Premium segment bears fruit outside of Harley we should know in the next year.

Company like waaree energy, All defence PSU are dependent on Govt Capex program, stock price can even reflect business of future 6 years assuming market leadership, stock price may sky rocket and PE will take a back seat as analysts have some data for DCF due to 350 GW solar addition by 2030. These type of stock may remain in a long time correction as more capacities are floated in coming years and future prospects start dimming. Its like too many market participants chasing one golden egg. You will never know when time correction will start and in a longer term average return ratios will dilute drastically. See the example of Dmart, Britannia, HUL. I will cooly avoid waree energy at this moment. Solar panel is a commodity and easy to build capacities. Average justified PE can’t be more than 15.