Four months, without much gain!

One third of the year 2010 passed without much excitement in the market. Stock market in India was dull during the first four months of 2010 which saw a gain of mere 0.54% in the BSE Sensex and 1.48% in NSE Nifty.

I managed a gain of 2.92% to date this year and maintained my record of beating the market even if it is a nominal gain. Which stocks helped me to beat the market this year? Piramal Healthcare which I bought towards end of January gave me a return of 54%. Piramal Healthcare constitutes 4.7% in my Indian equity portfolio. The other companies in my portfolio that gained most in the last four months are Gujarat Gas (23%), Dabur India (13%), and Tata Tea (12%). But of course it was not only gainers league. The stocks that dragged me down are Suzlon Energy (-24%), Tata Communications (-19%), NTPC (-12%), Bharti Airtel (-9%). Bharti Airtel constitutes 9% in my portfolio. Hope these will be contributing towards gain in coming months!

In my watch list, Bharti Airtel (Current Price: 298.40 – Target Price: 529.00) and Tata Communications (Current Price: 270.95 – Target Price: 484.00) in Telecom sector, Hero Honda (Current Price: 1,904.95 – Target Price: 2,943.00) in Automobile sector, Crompton Greaves (Current Price: 263.50 – Target Price: 394.00) in Engineering, and Cadila Healthcare (Current Price: 564.50 – Target Price: 818.00) are the good buys.

Top 5 in my equity portfolio

Company Sector % of Total Value
Infosys IT 20%
Tata Tea FMCG 12%
Bharti Airtel Telecom 9%
Dabur India FMCG 7%
Gujarat Fas Energy 7%

Shares I bought in April 2010

Company Price
Hero Honda 1,967.65

Most gain (absolute)

Company %  Gain Average period of holding
Gujarat Gas 130% 2.5 Years
Dabur India 127% 3 Years
Tata Tea 98% 1.5 Years
Suzlon Energy 77% 1.5 Years
Infosys 64% 2.5 Years


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