Dalal Street, last male bastion, falls as women storm it
First of all, I have to compliment myself for my foresight.
As far back as in 2014, I had observed that women are excelling and ruling the roost in the field of stock picking.
I cited the examples of illustrious women like Dolly Khanna, Renuka Ramnath, Tabassum Inamdar, Neha Majithia, Vineeta Mahnot, Astha Jain and Nandita Agarwal Parker of Karma Capital who have consistently stunned us with winning stock picks.
My words were prophetic because today, it is the women who call the shots in Dalal Street.
It is notable that women are not confined to the field of stock picking but are also dominating the world of stock research and business journalism.
Some names that come readily to mind include illustrious TV personalities like Sonia Shenoy, Ayesha Faridi, Tanvir Gill, Surabhi Upadhyay, Nickey, and many others.
Dalal Street is not the only place to be taken over by women.
According to the Hindu, a male bastion in the railways involving maintenance of wheels and brake system of coaches has also fallen ahead of International Women’s Day.
(Varinder Bansal with the luminaries of CNBC TV18 being (L-R) Ekta Batra, Reema Tendulkar, Nisha Poddar & Sonia Shenoy)
After becoming a mum,i realise even more the value of having women in my life.Without the support of mum and mum in law, i would never be able to comfortably work n do my own thing.More power to all those women who hustle 24/7 to make life comfy for their families! #HappyWomesDay
— Sonia Shenoy (@_soniashenoy) March 8, 2018
To all the fantastic fabulous females out there
You are Amazing As you are
Stronger than you know.
More beautiful than you think.
Worthier than you believe.
More loved than you can ever imagine.
Be Strong. Be 'Kind. Be You. #HappyWomensDay!!
— nickey (@OnlyNickey) March 8, 2018
(Nigel DSouza of Midcap Mania fame with the charming Sumaira Abidi and other luminaries)
Even the Billionaires’ club is not spared
The Forbes Billionaires’ club used to be the exclusive playground of Alpha males like Mukesh Ambani, Rakesh Jhunjhuwala, Radhakishan Damani etc.
However, today charming ladies like Kiran Mazumdar Shaw have muscled their way into the club.
In fact, Kiran Mazumdar Shaw’s net worth of $3.6 Billion in more than that of several other members of the Billionaires’ club.
Also, her wealth is self-created and not legacy-gifted, which is quite an achievement in itself.
#BusinessOfWomanhood: @forbes_india has listed @Bioconlimited chairperson @kiranshaw as the richest self-made woman in the country. Kudos to the women of our country who are making a difference in the society!#HappyWomensDay pic.twitter.com/wZ9u1UvqTc
— BTVI Live (@BTVI) March 8, 2018
Matunga station on Central Railway (CR) is managed by a staff of 41.All women! Since July 2017.And has now entered the Limca Book of Records.Women empowerment? Look no further,India. For we are taking giant strides now, finally, 70 years after independence.#NariShakti4NewIndia pic.twitter.com/kElkbgY3ML
— कमलेश राजपूत ?️ (@kmlshdbh) March 8, 2018
Mega multibaggers in portfolios of Dolly Khanna and Rekha Jhunjhuwala
The ace team at moneycontrol.com has toiled hard to flush out the multibaggers in the portfolios of Dolly Khanna and Rekha Jhunjhunwala.
The results are simply stunning.
In the period from Jan 2017 to date, Dolly has snared ten stocks which have given multibagger gains.
The list of multibagger stocks in Dolly Khanna’s portfolio is as follows:
|Company Name||Percentage Holding||Gains from 2017 start to till date|
|Rain Industries Ltd.||2.57||573.63|
|PPAP Automotive Ltd.||1.05||240.81|
|Emkay Global Financial Services Ltd.||1.02||223.44|
|IFB Industries Ltd.||1.03||198.13|
|Butterfly Gandhimathi Appliances Ltd.||1.26||163.04|
|Thirumalai Chemicals Ltd.||1.63||157.31|
|Tata Metaliks Ltd.||1.08||140.48|
|Sterling Tools Ltd.||1.29||111.68|
|Gujarat Narmada Valley Fertilizers & Chemicals Ltd.||1.03||100.38|
Rain Industries dominates the list with a mind-boggling gain of 573%.
I have already pointed out that Rain Industries is the all-time favourite stock of Mohnish Pabrai, the visionary stock picker.
I have also drawn attention to the latest research reports by Motilal Oswal and IDBI Capital which have assured that more gains are due for harvest from Rain Industries.
When Dolly stormed into PPAP Automotive in the distinguished company of Anil Kumar Goel, I rightly described her choice as “flawless”.
“One can confidently say that PPAP Automotive is a well managed company with a healthy future ahead of it. The Company can be expected to enrich the portfolios of Dolly Khanna and Anil Kumar Goel with steady gains year after year,” I added with the air of a visionary.
Well, the results are there for us to see!
The same can be said about Sterling Tools, which is also a high-quality auto ancillary stock.
NOCIL is a high-quality specialty stock where Dolly is joined by Ashish Kacholia.
The stock has been recently recommended as a “Holi Hungama” stock by leading experts on the logic that it will deliver more multibagger gains to investors.
Butterfly Gandhimathi Appliances is supposed to be the “Next Hawkins + Prestige Cookers” according to knowledgeable observers.
Here also, Dolly has the distinguished company of Ashish Kacholia.
The duo has dug into deep into the stock.
GNFC is a blue-chip PSU stock which enjoys a monopoly in the manufacture of TDI, a specialty chemical.
The stock has been described as “fantastic“ by DD Sharma, the veteran stock picker.
According to Nigel DSouza of Mid-cap Mania fame, GNFC is an irresistible value buy given its cheap valuations, monopoly product, cash on books, low debt etc.
— CNBC-TV18 News (@CNBCTV18News) February 19, 2018
Rekha Rakesh Jhunjhunwala is no slouch when it comes to homing in on multibaggers.
She boasts of two powerhouses in her portfolio.
These are Delta Corp and Titan Company.
|Company Name||Percentage Holding||Gains from 2017 start
to till date
|Delta Corp Ltd.||3.18||209.13|
|Titan Company Ltd.||1.59||148.29|
Not surprisingly, both stocks are also crown jewels in Rakesh Jhunjhunwala’s portfolio.
The sleuths of ZEE Business have compiled the rest of the stocks in Rekha Jhunjhunwala’s portfolio. According to their calculations, the portfolio is worth Rs. 2,800 crore and has generated a magnificent return of 47% on a YoY basis.
|Agro Tech Food||2.05%|
|D B Realty||2.05%|
As is evident from the impressive gains in the portfolios of Dolly Khanna and Rekha Jhunjhunwala, we have committed a mistake by not paying due attention to the picks and not cloning them. We have to stay vigilant in the future and not commit similar blunders!