– Happy Independence day to all my Indian friends –
Are you an investor or trader in stock market? I really don’t like trading which is to make profit out of day to day market volatility. Here there is no relevance to the fundamentals of the underlying assets or company. Technical analysis and speculation are the tools of the trade. On the other hand an investor look for good companies, do a study on its fundamentals and consider its valuation!
in the past week, gain on my portfolio was 1.12% while BSE Sensex gained 0.13% and NSE Nifty 0.24%. Among my holding, Tata Communications and Biocon gained 22% and 11% respectively in this month. Many other shares gained between 1 to 10 percent. Mangalam Cements which I recently added to my portfolio gave a negative return of 2.24%.
Good buys in my watch list
|Company||Sector||Current price||3 years Target||Expected Return|
|Swaraj Engines||Auto Ancillaries||426.00||850.00||100%|
The above are small and mid cap companies. These are with high return potential and at the same with high risk. Limit the overall exposure to small and mid cap companies within a reasonable percentage of total portfolio value.
– Graphite India’s net profit slumped 23.90% to Rs 34.39 crore on 10.2% rise in net sales to Rs 258.24 crore in Q1 June 2010 over Q1 June 2009. Reliance Mutual Fund acquired 70 lakh shares in Graphite India at Rs 96.50 per share in a bulk deal on the BSE on Friday, 6 August 2010. Lotus Global Investments was seller in the transaction to the tune of 79.41 lakh shares at an average price of Rs 96.56 per share. – indiainfoline.com
– KSB Pumps has turned in a sales growth of 10% (to Rs 152.75 crore) for the quarter ended Jun 2010 but its net profit was lower by 8% (to Rs 15.85 crore). The operating profit was lower by 15% to Rs 22.49 crore as the operating margin eroded by 420 bps to 14.7% largely on account of higher material cost. – indiainfoline.com
|My Portfolio||BSE Sensex||NSE Nifty|
Top 5 holding in my equity portfolio
|Company||Sector||% of Total Value||Average Holding Period||Absolute Return %|
|Tata Global Beverages||FMCG||8||1.75 Years||114|
|Bharti Airtel||Telecom||8||8 months||9|
|Maharashtra Seamless||Metal||6||2 month||2|
Shares I bought this month
Top 5 most gain (absolute)
|Company||Return %||Average Holding Period|
|Gujarat Gas||164||28 months|
|Dabur India||151||40 months|
|Tata Tea||114||21 months|
|Berger Paints||122||42 months|