Stock Financials, Annual Reports all at one place:
screener.in
Best place for Collaborative stock research & discussions:
https://forum.valuepickr.com/
All information on Mutual Funds:
https://www.valueresearchonline.com/
http://www.morningstar.in/
One stop shop for what's happening in Indian Markets
http://capitalmind.in/
Note: This was a placeholder for Portfolio view and allocations earlier, which now has been discontinued.
screener.in
Best place for Collaborative stock research & discussions:
https://forum.valuepickr.com/
All information on Mutual Funds:
https://www.valueresearchonline.com/
http://www.morningstar.in/
One stop shop for what's happening in Indian Markets
http://capitalmind.in/
Note: This was a placeholder for Portfolio view and allocations earlier, which now has been discontinued.
This comment has been removed by a blog administrator.
ReplyDeleteHi Rudra
ReplyDeleteHow about replacing gruh with repro and canfin .Gruh has matured as a company and trades at very high p/e .Repro and canfin still has enough room for fire power .
With the kind of performance hawkins has been posting isnt it very high allocation ?
Hello Sourabh,
DeleteThanks for your comments.
The portfolio is broadly divided into the following baskets
a) Banking/Finance: Primarily focused at low cost housing catering to rural population. I hold Gruh+Repco here. CanFin do not pass the quality/management test and hence is not in my list.
b) Pharma : Ajanta+Shilpa
c) Processor companies : Astral+Mayur
d) Agriculture: Kaveri + P I Industries
e) Consumer Stocks: Hawkins + Symphony
I broadly plan to allocate 20% to each basket while the underlying stocks may vary from time to time and so will their allocations.
Hi Rudra,
ReplyDeleteCongrats for a neat portfolio and a crystal clear thought behind it.
In the view of run-up what would there be any re-positionining-rejigging on Symphony/Astral/Mayur?
Are you increasing allocation to any of your portfolio bets?
Regards,
Ramesh
Thanks for your comments Ramesh.
DeleteNo immediate changes. Let your winning stocks running while they can. Would love to add more Symphony at lower levels though.
Hi rudra,
ReplyDelete1. Would you change allocations in Kaveri/PI based on perceived fears of EL-Nino/draught? How much can
they get impacted considering major chunks of earnings for Kaveri comes in Q1?
2. What is your opinion about the warrants issue/dilution by Kaveri seeds?
Hello Ramesh,
ReplyDeleteI believe these are short term deterrents which might give you a better entry point from time to time (depending on the extent of fear and prevalent market mood) but should not make one exit long term strategic positions.
Kaveri/PI Ind are long term structural stories based on Agro theme and efforts to time the market have proved futile for me in the past. Hence I will hold on to them and may be add more if I get a good entry point based on above.
Regarding dilution are you referring the ESOP issue by the company or other issue ? The ESOP issuance is hardly 1% of outstanding capital and is part of normal compensation procedures in most companies.
Hi Rudra,
DeleteAre you aadding to your positions in Kaveri?
Thanks for the prompt response Rudra.
ReplyDeleteThink that got scared after reading too many articles about El-Nino.
Yes. The dilution I talked about was ESOP issue but it has been issued to the tune of 5% of outstanding shares. ( 6,85,000 added to the existing 1,37,48,441 shares). Do I understand it correctly?
Although the ESOP figure is split adjusted, the total no of shares outstanding is not. Hence the confusion I guess.
DeleteTotal ESOP earlier + new ~8.4L shares on overall 7.08 Cr shares (assuming full conversion of outstanding ESOPs ) outstanding. Hence ~1% dilution only.