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 |