I am shankesh Shah. I am CA and currently working in an NBFC. I started investing in stock market 4 years ago, as soon as i got my 1st job. I am a very passive investor. I have not had much success till date as I have tried to stick to Bluechip stocks to avoid capital erosion. Below are the stocks in my portfolio. I am holding stocks for long term and some of the stocks are in my portfolio since last 3 years. I have made investment in below stocks on basis of some basic research. I also subscribe to IPOs for long term. Please advise me whether to stick to the stocks in my portfolio or offload some of the scrips.
- Sun Pharmaceutical. 9.58%
- Reliance Home Finance 10.31%
- Rural Electrification 12.39%
- Mahindra & Mahindra. 9.76%
- ITC Ltd. 6.04%
- ICICI Prudential. 6.17%
- Hindustan Petroleum. 7.88%
- HDFC Bank. 7.49%
- Capacite Infraprojects. 6.30%
- Bharat Electronics Ltd 10.37%
- Bharat Dynamics. 13.69%
Sun Pharma and Reliance Home Finance are the most underperforming stocks in my portfolio followed by REC, ITC Ltd and HPCL. Please suggest how should I churn my portfolio? Also please express your stock specific views.
Sun pharma has been in my portfolio since 2015. This has been a bad investment decisions on my part. However, I was novice at that time.
Reliance Home Finance in my opinion is a growth stock weighed down due to negative sentiments on promoter.
REC has good dividend payout and is currently trading at very low valuation. There is NPA issue but I think same is already factored in the valuations. Also majority of lending is to govt. Owned discoms only.
M&M is posting great nos. Month on Month. It is trading well below its SOTP valuation. I think this stock has good potential.
ITC is a sleeping giant. There is no movement whatsoever in last many months.
ICICI prudential is my insurance bet.
Some pressure is expected in coming months on HPCL due to rising oil prices. Should I hold or move?
I try to maintain portfolio of 10-12 stocks. I am having one stock from each sector like Pharma, Power, Auto, Rural consumption, HFC, Banking, defence, insurance, infrastructure and Oil. Which stock in your opinion should I deal with within the sector.