Updates and food for thoughts

I have no clue why market is falling these days as there is no concrete trigger. China issue cannot bring down markets like this. Nor a falling oil. There are only assumptions by experts with no perfect data. In Summary I don’t know why market is falling down.

In Short term markets may not do any fireworks but yes Market will reward stock pickers. We need to go for Specific Stock Hunting.

At this time, I will not touch any PSU Bank except SBI.

On Infra, L&T and MBL Infra looks good to me. L&T has fallen much, though there is more possibility of it going down further 50-80Rs but it looks good and safe at these levels.

Since last 2-3 quarters, FII and DII has increased their holdings in MBL Infra.

Saksoft has made a high of 470 but now again in lower circuits. I am still positive on this stock.

Another Story is BODHTREE as they have a got a big investor (PRAMEYA CAPITAL). Company is taking initiatives to increase the Profit Margins and foray into Big Data in big ways. May take some time in execution.

Due to recent developments on investments by current govt, I am highly positive on Defense Sector. I look forward for good earning by Astra Micro. Management is excellent and it is largest supplier to Indian defense for microchips and RF equipment. One of my favourite.

Narayana Hrudalaya is into niche area. Looks good. Management is also excellent. Have good expansion plans which will get executed in near future like a Hospital in Vaishno Devi.

Navkar Corp can see new highs after passing GST Bill. Something is very very unique about this company which will drive the huge growth in near future.

IOL Chemicals & Pharma is biggest manufacturer of Ibuprofen and recently has completed the restructuring.

Due to upcoming Amusement Park in Hyderabad this year, WonderLa Holidays is all set for good performance. High Profit, ROE business & High Entry barrier will drive the growth. It is one of my favorite.

Infosys is very clear about its earning upto 2020 that’s why it is catching fancy of investors. Can grow yoy by 20% or more.

In IT, TATA Elxsi also looks good which can reward in big ways.

I have not sold any stock and holding all my existing positions despite of recent fall in 

market.

Above, I have given many stock names. Please give time to do research on them by your own and make decision accordingly.

This write shall not be considered as buy recommendation on any stock. It is just a knowledge sharing write-up.