All posts by mvalappil

Monthly Portfolio Review – May 2010

BSE Sensex lost 3.5% and NSE Nifty 3.63% while my portfolio lost 2.68% during the month of May 2010. The major gainers in my portfolio were Berger Paints and Tata Tea and major losers Suzlon Energy, Bharti Airtel and Tata Communications. The unexpected loss reported for the last quarter and its heavy debts caused crash in price of Suzlon Energy. It has been taking measures to reduce its debts for sometimes now. Tight competition, recent TRAI recommendation to charge for excess 2G spectrum, heavy 3G auction amount – it was all bad news for Telecom sector and it affected Bharti Airtel which is a major constituent in my portfolio. Going forward, a turn around is expected in Bharti Airtel due to its positive outlook in the long run.

In 2010 to date, BSE Sensex lost 2.98% and NSE Nifty 2.21% while my portfolio gained 0.16%. I added 5 companies in my portfolio during 2010 so far – Hero Honda, Crompton Greaves, Hindustan Unilever, Glenmark Pharma and Biocon.

Return

Drops BSE Sensex NSE Nifty INR/AED
This Week 0.08% 0.48% 0.39% -0.32%
This month -2.68% -3.50% -3.63% -4.06%
This Year 0.16% -2.98% -2.21% 0.32%
Since 1-4-2007 71.25% 29.62% 33.10% -6.76%
Since 1-1-2008 37.84% -16.15% -16.34% -17.38%
Since 1-1-2009 105.08% 75.64% 71.89% 4.04%
Since 1-1-2010 0.16% -2.98% -2.21% 0.32%

Good buys in my watch list

Company Sector Current price 3 years Target Expected Return
Bharti Airtel Telecom 262.30 531.00 102%
Hindustan Unilever FMCG 236.75 450.00 90%
Crompton Greaves Engineering 240.25 394.00 64%
Hero Honda Auto 1937.80 2972.00 53%
NTPC Power 202.00 293.00 45%

Since first four are already in my top 10 holding and total of top ten exceeded the maximum limit, I would be buying NTPC next week.

Top 5 holding in my equity portfolio

Company Sector % of Total Value Average Holding Period Absolute Return
Infosys IT 18% 34 months 59%
Tata Tea FMCG 12% 19 months 104%
Bharti Airtel Telecom 9% 5 months -10%
Dabur India FMCG 7% 39 months 132%
Gujarat Gas Energy 7% 25 months 131%

Shares I bought this month

Company Average Price
Crompton Greaves 246.63
Hindustan Unilever 234.48
Bharti Airtel 266.05
Suzlon Energy 59.90

Shares I sold this month

Company Average Price
Piramal Healthcare 556.23

Top 5 most gain (absolute)

Company Return Average Holding Period
Dabur India 132% 39 months
Gujarat Gas 131% 25 months
Tata Tea 104% 19 months
Infosys 59% 34 months
Berger Paints 71% 40 months

Archive of previous portfolio reviews


Weekly Portfolio Review

With another week closed in red, my year to date return turned negative to -1.30%. During the same period BSE Sensex lost 5.84% and NSE Nifty 5.19%. By end of the week, my portfolio stands as follows:

Good buys in my watch list

Company Sector Current price 3 years Target Expected Return
Bharti Airtel Telecom 265.85 531 100%
Hindustan Unilever FMCG 230.50 448.00 95%
Crompton Greaves Engineering 228.25 394.00 73%
Suzlon Energy Energy 58.65 94.00 60%

Since first four are already in my top 10 holding and total of top ten exceeded the maximum limit, I would be buying Suzlon Energy next week.

Top 5 holding in my equity portfolio

Company Sector % of Total Value Average Holding Period Absolute Return
Infosys IT 18% 33 months 55%
Tata Tea FMCG 12% 18 months 106%
Bharti Airtel Telecom 10% 5 months -9%
Dabur India FMCG 7% 38 months 132%
Gujarat Gas Energy 7% 25 months 127%

Shares I bought this month

Company Average Price
Crompton Greaves 246.63
Hindustan Unilever 234.48
Bharti Airtel 266.05

Shares I sold this month

Company Average Price
Piramal Healthcare 556.23

Top 5 most gain (absolute)

Company Return Average Holding Period
Dabur India 132% 38 months
Gujarat Gas 127% 25 months
Tata Tea 106% 18 months
Infosys 55% 33 months
Berger Paints 54% 39 months

Archive of previous portfolio reviews


Weekly Portfolio Review

Year to date gain of my equity portfolio stands at mere 0.41% by end of this week. During the same period BSE Sensex lost 2.69% and NSE Nifty 2.07%!  Suzlon Energy, Tata Communication, Bharti Airtel,  and NTPC were the biggest loser and  Gujarat Gas, Dabur India, Glenmark Pharma and Tata Tea contributed to gain in my portfolio.

Good buys in my watch list

Company Sector Current price 3 years Target Expected Return
Bharti Airtel Telecom 264.45 529.00 100%
Hindustan Unilever FMCG 233.75 445.00 90%
Hero Honda Auto 1876.20 2956.00 58%
Crompton Greaves Engineering 250.35 394.00 58%

Top 5 holding in my equity portfolio

Company Sector % of Total Value Average Holding Period Absolute Return
Infosys IT 19% 33 months 59%
Tata Tea FMCG 12% 18 months 100%
Bharti Airtel Telecom 10% 5 months -9%
Dabur India FMCG 7% 38 months 129%
Gujarat Gas Energy 7% 25 months 128%

Shares I bought this month

Company Average Price
Crompton Greaves 258.95
Hindustan Unilever 234.48
Bharti Airtel 266.05

Shares I sold this month

Company Average Price
Piramal Healthcare 556.23

Top 5 most gain (absolute)

Company Return Average Holding Period
Gujarat Gas 128% 25 months
Dabur India 129% 38 months
Tata Tea 100% 18 months
Suzlon Energy 69% 17 months
Infosys 59% 33 months

Archive of previous portfolio reviews


A negative week for the markets!

The week gone was one of the worst weeks for the stock market around the world and so the Indian market. BSE Sensex lost 4.5% and NSE Nifty lost 4.93% in the past week. Europe’s debt woes which adds to the fears of another crisis and UK election that resulted in a hung parliament added fuel to the decline in the market which is already perceived as over priced. The decline and gain in the index level shows the direction of the stock market, but it is not the concern of an investor. An investor is concerned about the companies in his portfolio – its business and its prospects!

While the index lost 4.5% in the week, my loss was 2.4%. Glenmark Pharma and Dabur India in my portfolio ended the week in positive.

Good buys in my watch list

Company Sector Current price 3 years Target Expected Return
Hindustan Unilever FMCG 234.70 445.00 90%
Bharti Airtel Telecom 287.70 529.00 84%
Crompton Greaves Engineering 245.90 394.00 60%
Hero Honda Auto 1889.90 2949.00 56%

Top 5 in my equity portfolio

Company Sector % of Total Value Average Holding Period Absolute Return
Infosys IT 19% 33 months 57%
Tata Tea FMCG 12% 18 months 92%
Bharti Airtel Telecom 9% 6 months -3%
Dabur India FMCG 8% 38 months 127%
Gujarat Gas Energy 7% 25 months 127%

Shares I bought this month

Company Price
Crompton Greaves 258.95
Hindustan Unilever 233.00

Top 5 most gain (absolute)

Company Return Average Holding Period
Gujarat Gas 127% 25 months
Dabur India 127% 38 months
Tata Tea 92% 18 months
Suzlon Energy 74% 17 months
Infosys 57% 33 months

Archive of previous portfolio reviews


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


Portfolio Review

Sensex gained 0.59% to 17,694 and Nifty by 0.79% to 5,304 this week. Year to date gain of Sensex stands at 1.31% and Nifty 1.98%. Year to date gain in my equity portfolio stands at 2.26% which slightly beat the market!

In my watch list, Bharti Airtel (297.70) and Tata Communications (277.60) in Telecom sector, Hero Honda (1,883.65) in Automobile sector, and NIIT Technologies (177.70) in IT sector are the good buys at the current market price. As always, set limits for individual shares and individual sectors in order to avoid concentration on a few shares in your portfolio.

Top 5 in my equity portfolio

Company Sector Average Holding Period
Infosys IT 2.5 Years
Tata Tea FMCG 1.5 Years
Bharti Airtel Telecom 5 Months
Dabur India FMCG 3 Years
Gujarat Fas Energy 4 Years

Shares I bought this Week

Company Price
Nil

Most gain (absolute)

Company %  Gain Average period of holding
Gujarat Gas 124% 4 Years
Dabur India 122% 3 Years
Tata Tea 94% 1.5 Years
Suzlon Energy 83% 1.5 Years
Infosys 63% 2.5 Years
Average period of holding


Good Buys in Indian Shares

Sensex declined 1.91% to 17,591 and Nifty declined by 1.85% to 5,263 this week. With this, year to date gain of Sensex reduced to mere 0.72% and Nifty to 1.18%. Year to date gain in my equity portfolio stands at 1.98% which lightly beat the market!

In the Indian share market which is believed to be overpriced, there are still a few stocks that are attractively priced. In my watch list, Bharti Airtel (304.35) and Tata Communications (280.40) in Telecom sector, Hero Honda (1,919.50) in Automobile sector, and NIIT Technologies (179.15) in IT sector are the good buys at the current market price. As always, set limits for individual shares and individual sectors in order to avoid concentration on a few shares in your portfolio.