Common Mistakes by Investors in Stock Market

Below list is in no order, I am listing down the common mistakes done by most of investor who invest in equities directly. Will keep on adding more to it.

Buying stocks based on borrowed conviction: Never buy stock based on the conviction borrowed from other person. Though it looks contrary as I am writing about stocks and visitors takes clue from it but always check and test stock on your points and decide only after giving thoughts many times on it.

No focus on Capital Protection: people always want to double money in 1 year or even in 6 months, this is possible but comes with a very high risk. Rather than focusing only on gaining money, first thing you should look in a stock is whether it will be able to protect my capital.

Not gauging oneself risk appetite: A young investor can put money in equities but for a senior citizen it is not advisable to put money in equities. A proper risk assessment of yourself is necessary before buying into stocks. Hedge by investing in gold.

Failing to Diversify: Don’t put all money in a single stock. Ideal number of stocks in a portfolio is a debatable thing, but one should keep only those many stocks in portfolio which he can track easily. Any number between 10 to 15 stocks is good enough for a portfolio. Keeping 5 or less than 5 stocks is called a super concentrated portfolio which is not advised for retail investors. It is the greed which influences people to put all money in a single stock.

Lack of patience: Making money in the stock market is hard not because finding great companies is difficult but because the best and easiest-to-understand strategy for winning is so difficult to adhere to. That strategy can be described in three words: buy and hold. Here buy and hold doesn’t mean that you buy and never sell that stock, it means that you need to verify the fundamentals and stock behaviour once in a while. Frequency for verifying varies from small to large caps. In case of small caps you need to check the performance frequently as it takes no time in changing fortunes of a small cap company on either side.

Doing Averaging: People keeps on buying a falling stock which is not a good practice. You have an investment that drops 50%. How much must it then gain? The answer may surprise you: it’s 100%, just to break even. It is better to put money in some other falling stocks in down market.

Freaking out in market drops: Selling in panic in falling market. If market falls, every stock falls nothing is exception. Strong companies on strong foothold with margins improving will come back easily to previous levels. We have seen it in Feb2016 crash, now all stocks are back or even breaking 52weeks highs.

Note:

Favorable Sector & Government Push: Always buy stocks which have favorable sector wind behind them. If sector is moving then stocks will also move. Example: Currently theme is Make in India, Defense, GST, Cement, Consumers and Power etc., so if you buy stocks in these sector they will have tailwind associated with them. These stocks can give good returns even in falling market sometimes. Jain Irrigation can be considered for this analysis.

Play on Margin Expansion: Companies which are on the verge of margin expansion breakout always give superlative returns as compared to companies which are consistently having margins of 20%+. Example: A Company having a margin of 7% Is expected to raise it to 12% in next 2 years will give more returns compared to a company which is currently having 25% margins and expected to have same 25% going forward.

Debt is not Bad: People try to stay away from the companies which are having debt on their books. Instead of taking immediate call after looking at debt, one should look management perspective about the debt reduction, how they are planning to reduce debt over a period of 2 to 3 years from now. If they are raising debt for expansion plan capex then what is probable period of payback from that expansion?

Free Cash Flow is King: Always check for free cash flow a company is generating, for a company who is on the verge of margin expansion the FCF may not look good but still it can be checked from last 2 quarter results trend. 

Updates

http://www.business-standard.com/article/markets/gold-gets-a-leg-up-from-global-leads-jewellers-buying-116062700515_1.html

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.

Delta Corp.. A Story to watch-out for

PLEASE NOTE THAT THIS IS ANALYSIS AND NOT A BUY RECOMMENDATION IN ANY ASPECT.

Indians Love Gambling & gaming. There is a strong appetite for gaming in India. Horse Racing business has a turnover of $356, Lottery Tickets more than $10bn....

Casino is still in nascent stage in India with a annual turnover of $120mn.

DELTA is India’s first listed pure-play gaming company. It owns three of the six licenses
for offshore casinos in Goa and enjoys a lion’s share of India’s offshore casino market.

Key Triggers going ahead:

• DELTA is opening a Casino in Daman shortly. They has already got the license for it.
• It is highly unlikely that Goa Government will give licenses to any other player for on ground casinos as ground casino are permitted to run only in 5 star hotel. 

Why this stock need focus:

• Very Strong Entry Barrier in Casino/Gaming Industry
• Delta is only listed player
• DELTA owns three of the six licenses for offshore gaming in Goa
• Management is experienced.
• Huge Cash generating business
• Only Goa. Sikkim and Daman allow gaming business and Delta has strong foothold in Goa.
• Tourists spend $350mn in Goa Annually
• There is a 15% tax on gaming revenues which is favourable
• Goa is close to cash rich cities Mumbai & Ahmedabad
• Its two operational casinos on the River Mandovi, Deltin Royale and Deltin JAQK, have a combined capacity of ~2,000 gaming positions
• The commissioning of Deltin Caravela, currently under renovation, will add 200 gaming positions

Something about new Casino in Daman

It will be India’s first land-based casino (subject to approval) outside Goa. The Daman property will have ~1,200 gaming positions

After opening of Daman Casino, total gaming positions will be approx 3400

Risks:

In case of issuanace of new licenses to other player, it will reduce market share of Delta.

Any new regulation may directly impact Delta corp adversely.

Going Forward

I believe all capex part is now behind us, and now Delta is poised to grow exponentially in 2 to  years to come. PWC estimates the total global gaming casino market in 2015 at USD183b. Asia Pacific region has led growth, with a CAGR of 21.5%. Over the last 10 years, the Indian casino market has been growing at ~36% per year. DELTA’s own gaming business has grown at a CAGR of 37% over FY11-14.

It has a huge debt of $3bn but i think strong cash generation will help in paying off this complete debt in next 2 to 3 years.

I expect at least 30% yoy growth for Delta in coming years. Profit after tax shall grow at rate of 35% or more in years to come.

It has tested the patience of Investors in last 2 years. But i think the story will move forward now.

Its a story to watch out for NOW.

PLEASE NOTE THAT THIS IS ANALYSIS AND NOT A BUY RECOMMENDATION IN ANY ASPECT.

Saksoft… riding on big data wave

BSE Code: 590051

CMP: 304

It is into information management (IM) and business intelligence (BI) services. Saksoft has successfully transformed its business by acquired Acuma Solutions in 2006 and now recently took over Three sixty logica testing in 2014 which are into testing and QA across various verticals of industry, customers and geographies. It is now fully into data warehousing, business intelligence and data analytics….

It is focusing on mobile applications as well which is a big positive as there are only a few established and branded players in India in this segment. 

Big Data Growth Projections:

Saksoft caters to banking, financial, travel & tourism, manufacturing, retail, telecom. Logistics.. It was founded by Mr Aditya Krishna an ex citi bank executive who was one of member of team which introduced citi bank credit cards business in India successfully.

Revenue Split up: 47% from UK, 38% from US, 14% from Rest of World.

Technology partners: SAP, Tibco, Logi Analytics etc(all big names in data management)

EPS has increased at the rate of 34% CAGR over 2011 to 2015

Debt to Equity ratio decreased from .96 to .27 (company is reducing debt yoy)

Regular dividend paying company..10%, 10%, 20%, 25%, 25% in fy10,fy11,fy12,fy13 and fy14 respectively.

Turnover got more than doubled from 1050mn to 2315mn in 5 years…

EBIDTA margin & NP grew at rate of 26% & 35% respectively since last 5 years

ROE in double digit. Increasing yoy from 10% in fy10 to 15% in fy15

Despite of investing 1000mn in aquisititions in recent past, Saksoft managed to reduce the debt substantially…

It has earned the loyality of customers as 50% of its customers are working with them from last past 5 years continuously….

Total headcount of 680 employees across UK,US, India and Singapore

Risks which can come at anytime in an IT Company

Compliance: Saksoft major chunk of revenue comes from US and UK and it has not sensored by any customer in these countries. It gives confidence that company is taking all measures to mitigate the compliance related risks

Big Data is driving the profitability of most of micro and midcap IT Companies since last 2 years and this business segment is poised to give exponential profits to organizations who are fully into it. In last 2 years there were couple of companies who are into big data, the stock prices of them gave 2000% returns. Saksoft is still undiscovered. Promoter shareholder is very good and most of open stocks are in strong hands. Liquidity is very less. There is no FII and DII holdings which is a big positive.

Recently stock prices has witnessed a sharp jump upwards(including many upper circuits), but i think there is a lot of more to come.

Next 2 years would be game changing for this organization which is sailing on big-data and mobile applications business model. 

It is just an analysis and not a recommendation to buy this stock. Please do full due diligence before buy it.

I am back after 3 years

After 3 years i am returning back. Almost all stocks and mutual funds which i had recommended have made fortunes for investors.
I would like to say big thanks to my followers who kept on sending me messages/emails during these days.
I will start publishing posts from tomorrow.

Thanks

Some Mutual Funds to Consider

I am writing first time about mutual fund….. the main reason which compelled me to write down about mutual funds is “worry of small investors who put their hard earned money into market and keep thinking that what happen in case of bloodbath in sensex”………….

Everybody has different risk appetite… all different source of income… somebody has fixed income somebody has variable…. We have seen stock pricing going 1/4^th in last crash of market…. Most stocks have not reached their earlier highs…..

I am listing down some good mutual funds which can be bought in lump sum OR in a SIP manner (choice is yours)….. Automated SIP is not recommended always.. you should be active enough to buy stock on the day of your choice…

My Favourite Funds List:

Large Cap Funds

Franklin India Bluechip

DSPBR Top 100

ICICI Prudential Focussed Bluechips

Large & MidCap

HDFC Top 200

Fidelity Equity

Mid & Small Cap

IDFC Premier Equity

Balanced

HDFC Prudence

MIP Plans

Birla Sunlife MIP II Savings Plan 5 (Invest 95% in debt and 5% in equities)

Reliance MIP

HDFC MIP Long Term

Do not invest your entire amount in any one fund OR in any single fund house…. Diversify it across different fund houses and different category of funds…

#######

One Suggestion:

If you have not taken term plan then do not go for any private firm for that. Go for LIC as policy claim ratio is highest(99%) in LIC..... it is just 10% in Aegon Religare which is selling cheapest term insurance plan.......

Also, Do not mix Life Insurance with Investment.... one should note and think about the claim process in case some mishap with you..... A Life Insurance Product is for protecting your family in case of any unfortunate event..... My personal Experience says LIC is the best player of Indian market for Life Insurance.. It is the company you can rely upon.....

Stocks for Long Term

I am giving a list of Stocks which can be added to your long term portfolio… I am sure that chances will be there to add these at much lower pricing.. Do not add them in any hurry… they will come down for sure in days to come…. These can be added to your core portfolio which you want to keep with you for long period… as per me these are free from any speculations, promoter gimmicks and any other punters news….

These are well known stocks… many of them have already given multibagger returns in past but still they are great money compounding machines which can give safe returns in longer period….. Do not expect fireworks in 6 months OR 1 year timeframe…..

Here is the List

1) SBI

2) Esab India

3) Clariant Chemicals

4) HDFC Bank

5) Page Industries

6) GSPL

7) Petronet LNG

8) NHPC

9) IDFC

10) EClerex

11) Yes Bank

12) Mayur Uniquoters

13) Voltas

14) Container Corp

15) Maharstra Seamless

16) MCX

17) Coal India

18) Shriram Transport Finance

19) Bajaj Finserve

20) Asian Paints

21) Piramal Health

22) L&T

23) Oil India

Choice is yours, with which stock you are comfortable with….. These are value buys which are to be hold for long term…..

(No Dark Horse is included in this list)

Where it is Going??

It’s been long since my last post which I posted on 28^th of August2011.

The reason for being silent for this long time is that I am blessed with a Baby Boy in Last December. I stopped writing after August Just to spent full time with my better half. After 16^th Of December the new era of sleepless nights have began and this is continuing J …… These days I am living joyful moments with my family so didn’t find time to write on my blog……

I watched market movement whenever I got time… mostly through my mobile connection on the fly…

One thing I want to tell you friends that I am not able to understand why market is making new highs these days…. Really no idea…. According to me nothing has been changed fundamentally as of now….

Nothing has been changed in Greek… Still High Debt Concerns…. News may come at any day... Economy of Greek has not started to be on right path yet….. I think this type of Debt concerns may rise in several other countries in coming months….

Oil Prices has started soaring already….

Difficult to understand this type of rally just on the news of Better than expected Job Data of USA, EU efforts to bail out Greek & PMI Data of Europe………

We could see a growth of 6.8% in 2012 which will be worst since 2009….. Fear of Sharp Fall of Exports in China is rising…..

I will be on a conservative side and say that it’s too early to judge this run-up as an end of bad phase….. Now and then one day fundamentals have to come in front…..

Assumptions about fall in Interest rates in India are on high…. Interest Free Bonds has seen overwhelming response recently which was offering 8.3% tax free returns for 15 years period. Though currently there are a lot of concerns about the global economy but in longer run equities will defeat every other investment instrument….. Those who don’t want to take risk in investing in market and want to park their money somewhere safe may look upon for Dynamic Bond Funds, MIP Savings Plans etc…….

As I wrote earlier also, a healthy correction is pending now….. That will be a time to enter good stocks…. IDFC, Mayur Uniquoters, Gold, UTV Sftwares(multiplied almost 3 times), Eros, Petronet LNG are already doing good… others are not performing and have beaten down…

One should subscribe to MCX IPO……

Journey Has Started!!!!.........

Major Transformation has observed in Indian Youth’s thinking…. It seems that everybody is awakened now…. It seems that everybody now wants to be the live witness of this changing Indian mentality…. Full Power of Youths is roaring to come on roads… Young blood is boiling with grudges against government policies and their reluctance in passing Lokpal bill resolution.... Candle Marches at lacs of places across India….. first time after independence peoples seen on streets wearing “Gandhi Topi”…… What is all about this friends???? Its all about sending waves to Indian parliament about the power of “JanTantra”…. First comes peoples then parliament… Peoples made sansad, MPs, MLAs… a common man send message to sansad that “sansad should always be connected to a common man”… “jab bhee koi policy bane to janta se poocha jaye”

Anna raised this voice and awakened Indian citizens about their basic rights…. Anna made people realize that if they want they can make parliament bow in front of them…. Anna Did it…. He made it… Government made big mistake by declaring it as Only Anna’s Movement... BUT later on they realized that it is the movement of Indian common man……. The arrest of Anna shocked many in a country with strong memories of Gandhi's independence battles against colonial rule, and his fasts and nonviolent protests.

Finally…. A common Man has got a idol… a Hero….

In 1974 JP movement there were 100000 peoples inside ramleela ground…. But that record has broken today…… JP movement was inspired by politics but in this movement there

I am a 32 year old guy working in a IT MNC in noida…. I have never seen the IT professionals shouting slogans of “Vande Maatram”, “jai hind” on raods…. Never seen this before… I have never seen the business community to come up as a single entity to shut down their shops to support this movement….

This is not a finishing line… this is just a half victory as said by Anna Hazare….. Journey has just started… we have to go long…. We need to fight against each evil in our system… have to make new system….. sitting in AC and just typing on twitter or facebook will not solve the purpose…. One has to join the people….. Its not a “mob”….. its not a “crowd”… its not a “hujum”…. It’s a “JanSailaab” which has a clear direction… which is disciplined to perfection…. Which knows what to be done… which knows where to go… which know difference between right and wrong……. As said by Anna Hazare now we need to fight for “Right to Reject” and “Right to Recall” …….

I have joined this movement in “Rally from India Gate to Jantar Mantar” … When I reached Metro Station I saw thousands of young Indians going to same destination… Has anybody seen this type of thing before…..?? there were around 25000 peoples across India … students, children, college professors, CEOs, IT professional, grandpa age men/women, businessmen…….. everybody united for a good cause……

Mr Raul Vinci (Rahul Gandhi) should think of their party future as well…… Till When you will continue these scams……. Despite of lot of opposition Congress has passed bill to FDI in retail… They havnt think of a small retailer…. This FDI in retail will destroy everything….. Why did they passed this??? Why did they gave clearance to POSCO..?? Posco will use our own resources…. Why??? Recently I went to IIT Delhi to met a Professor for a discussion about setting up a BioGas plant…. I came to know that Indian Government has passed a bill to invest 90000 Crore in Solar Energy….. I was shocked….. When we have resource to make gobas gas why we are willing to invest in Solar energy plants,…..???? why??? Solar Energy Concept came from USA where there is ample space to setup solar system equipments….. there are two things… Large Space and very big initial investment amount needed to setup solar plant…Why government is doing that my dear friend?? There is a smell of corruption in each of these cases…… and now I am doubting a scam in gas sector as well…. I don’t know when it will come in front….

I think congress is digging their own graveyard by giving senseless and immature statements. When bomb blast takes place they see Indian hand into it. When Indian people stand for something they see foreign hands into it. They are ruling the country or doing a joke. They are making a big mistake by not understanding the problem of their own people. They are still in their dream world of supremacy. People are fed up of corruption, inflation and lot of other things. Their patience has crossed the limit and if still congress is unable to understand the same then god save congress.

Does anybody remember Jai Prakash Narayan Movement?

Something more....

Today is Black Tuesday in Indian History…. On the notes of Central Government, Delhi Police detained Anna Hazare from his Mayur Vihar…… Mayur Vihar is in the vincinity of Akshardham Temple and there was no enforcement of Rule144 there…. They why he has been detained?

Congress is feared of Anna’s Movement……. They have exposed themselves by detaining him without any charge….. He was arrested at 8AM today….. Besides Hazare, his close associates Arvind Kejriwal, Kiran Bedi and Shanti Bhushan were also detained….

If Bapu(Gandhi) would have been alived today he would have felt deep shame on all this…. This party is same party which was led by Bapu during freedom movement and now it is demolishing any movement against corruption…. Congress is trying to crush the basic rights of Indians… Are they democratic…??? Where is Rahul Gandhi Now??? Why he visited Bhatta Parsaul Village sometime back as a democratic Hero??? Why he has not visited the Farmers Village at Mawal In maharastra just after the Brutal application of police force??? Where are they hiding now????? A Common man of India needs to understand all this…..

The Double Face of Congres is Exposed now… On one side they pretend to be with everybody by going to villages and by shooting pics with Poor Peoples….On other side it curbs the aam aadmi from expressing the democratic right of protest….

I am sorry for my wordings but “India need civil war against this corrupt government”…… Anna ke Anshan ko aise rokne se ye rukega nahi… Ye aur bada andolan banega…. Govt has taken steps to demolish themselves…… Time will tell…

I am sorry for my wordings but “India need civil war against this corrupt government”…… Anna ke Anshan ko aise rokne se ye rukega nahi… Ye aur bada andolan banega…. Govt has taken steps to demolish themselves…… Time will tell….

********************************

Government has put across 22 conditions for Anna Hazare’s Anshan on 16^th August2011 at JP park, Delhi…..

Let me put correction here that Its Not Anna’s Anshan, now it’s Anshan of Every Indian….

• Why Congress is so afraid of this indefinite fast of Anna hazare?
• Why Government has done so far to bring back black money?
• Why they are trying to demolish this movement?
• Why they are trying to divert the issue of black money?
• Why Gandhi Family never disclose their foreign tour details with government?
• Why Congress doesn’t want to put PM under Lokpal?
• Why Congress want to put Judges outside Lokpal?
• Why Govt is trying to crush any voice against corruption?
• Who has given rights to Govt to demolish basic fundamentals rights of Indian citizen?
• Why no minister of Congress came out to speak about Hasan Ali?
• Why Hassan Ali was given bail?
• Why Congress is saving Shiela Dixit?

…and list of questions continues…………………

Indian national Congress declared state of emergency under article 352 of Indian constitution on 25 June 1975 to 21 March 1977 ….it was a 21-month period…. In next election Congress was wiped out completely ….. I don’t know whether my guess is true or not, but I am sure this government will not come again… Indian peoples are now awaked and they know how all scams has been scripted….

I will try to mention all major scams during Congress/UPA government….

• CWG Scam (Everybody knows this,… initial budget in 2003 was 1650Crores, in 2010 it became 11500Crore… but all ended up at a whopping 70000crore.. amazingly govt passed this amout quickly…)
• 2G Scam (1.75 Lakhs Crore…. 175000Crore)
• Telgi Scam (20000 Crore)
• Bofors Scam
• Hawala Scam(exposed in 1996
• Madhu Koda Mining Scam
• Adarsh Society Scam
• NREGA Scam
• UTI Scam
• Telecom Scam(Mr Sukhram)
• Devas-Antriksh Deal Scam
• ISRO-Devas S Band Scam
• Purulia Arms Drop Case(ye kahi kho gya…)
• 1971 Nagarwala scandal

Above list is not comprehensive… but isn’t it enough??????

I do not find even a single reason to elect this government once again…………..

I Still Remember 12 August 2008

This was the day I wrote about GOLD first time… It was at 12000 levels…. I keep on writing about its new innings….

http://bsensediamonds.blogspot.com/2008/08/next-inning-of-gold-rally-will-begin.html

It made a new high on 8-October in same year.. I wrote once again:

http://bsensediamonds.blogspot.com/2008/10/my-call-on-buy-gold-proved-right.html

On 15September2009 it made a new high of 16000

http://bsensediamonds.blogspot.com/2009/09/my-old-call-on-goldgiven-on.html

14 June2010 GOLD scaled to 19000 levels….

And Now… at 24500 Levels…..

Still it has a long way to go from here also….. Gold Rally will continue…..

Those who invested on 12August2008 have got their money doubled in just less than two years…. And that without sleepless nights

I am bullish on gold right from the time of market crash……. I am bullish on gold doesn’t mean that I am not bullish on Stock market….. For me, journey of gold was started in 2008 itself but stock market is looking for time to start its journey….. In both Best is yet to come…..

One should invest 10-15% of his portfolio in gold…. Investing the rest money in stocks and mutual funds depends on ones risk digestion…. So no comment on that…..

DO NOT SELL……

Market butchered heavily on Friday and this is continuing today also.

One SHOULD NOT SELL their holdings in Panic….. There will be definitive pullback as our Indian markets are very attractive…. I am seeing oversold phenomenon in stocks now….

This Quarter Indian companies have posted quite decent results and there is absolutely no change in fundamentals of those companies…….

According to me it is once again an excellent chance to cherry picks your choice of stocks….

Who knows if Short Sellers will be battered down very soon….. Yes it will happen….

I will write more on this in evening…..

UTV Softwares, Eros International & Uflex & Asahi Songwon….

Friends,

UTV Software has doubled and on its way to regain its lost glory…. Reached level of 840…. Still a lot of steam is remaining in this stock… I have no doubt that I will reach four digits mark in near time…. Might be Walt Disney will take major stake in this company… I remember when I wrote on this counter many were not able to digest that, most of the investors said that they have doubt on this company.....

Eros International… I am bullish on this script from its IPO time… those who applied in IPO have seen roller coster ride… this stock went down and many have offloeaded thinking that it will further go down… but those who had holded this stock are now reaping profits….. Hit Double Century..200 levels… Eros International has already earned ~200 Crores from only two films… ready and murder-2 ….

UFlex…. I wrote on it when it was at 110 levels… it went up and made a peak of 325… Gave three times return….then now it has come down to 210 levels…. For me it is giving opportunity to buy it again… no fundamentals has changed and company is on its track…..

Asahi Songwon is already 6 Bagger from the levels I gave call… I gave call at Rs20… Now at 125 levels… What else anybody want???

AK Capital is a screaming buy at current levels….

Sumeet Industries has already doubled…. Still buy and hold… Ganesh Polytex has not started running but it doesn’t mean that it will not move at all… I am confident Ganesh Polytex is a multibagger in making…. Have a look at Tecpro Systems cmp 280…

IDFC... my OLD Call....

I posted about IDFC just one year back when it was at Rs172/- ... It went up to Rs218 to make a new high and now settle down at 118 levels.....

It is a excellent pick for Long term, those who have picked stake at 172 or above levels can surely average out this stock and should hold for long term.... Yes, there are some concerns over infrastructure financing due to higher interest rates.. Its major clients include those companies for which raw material is coal... so availability of coal is indirectly effecting IDFC.....

There are some developments and news about IDFC recently.... I am summarizing some of them for readers.......

As per the statement issued by Vikram Limaye, loan book of IDFC is expected to get double in coming 3 years....

IDFC has a consolidated networth of USD 2.5 Billion and balance sheet size of 10.7 billion..... IDFC has recently signed an agreement with AFC(Africa Finance Corp) to help indian companies to enter the continent for expansion of their business i.e Infrastructure, mining, power roads etc....

According to me, IDFC is out of the box candidate in this space... Its a company one should love to buy for long term......