What platform did you use to sell and any experience or learning to share?

This is just a suggestion. One must make conclusions based on facts, not assumptions. So, just in case you don’t have the actual numbers, it’s better to find them rather than assuming that HDFC Bank gave them 0 gain or whatever. I am not saying whether what i am saying is right or you are wrong but let’s just not assume things.

I have tried finding some data to help us find an answer to this statement –

I was unable to find the buying/selling price but here are other details –

November 2023

June 2024

So the management has been saying that they will be liquidating these shares and if we go by the statement of the management and calculate they made almost an 80-90% gain on sale of HDFC Bank shares which they bought in 2018. This move looks like a decent decision, instead of selling those shares they took a loan where they could get the required capital but at the same time retain an appreciating asset (risky but worth it) so when the share price went up so did their collateral value which increased their credit limit further and the gain in share price made the loan interest free.

@LarryWink I could not have said it better. Thanks.

@Midhunjoe Great picks must say and great returns as well in such a short span.
I need some roadmap of your investments in Shakti pumps and Annapurna Swadist. Like what were your views and analysis in buying them. Shakti pumps have given great return and is it still a good buy ?

Annapurna Swadisht acquired Madhur Confectioners Private Limited (MCPL) which have way better unit economics than Annapurna. If we remove their MCPL revenue from Annapurna then it’s only 15% CAGR growth. Also they have missed guidance given in previous quarters.

Shakti pumps are bounded by Government policies and the majority of their business is in Maharashtra. As we know that elections are going on in maharashtra, if a government change happens then it will affect the business.

Would like to know your views for investments.