Akash Portfolio

[akash_das]

Portfolio update

Current portfolio

1. Senco Gold Ltd
   They are focusing on eastern and northern parts of the country for expansion. They soft launched SENNES brand for lab-grown diamond jewellery and leather accessories in few stores in Kolkata. The growth should be in the range of 15 to 20% for the foreseeable future.

2. E2E Networks Ltd
   The company provides Cloud computing services. It is focused on AI/ML workloads and aims to provide cost-effective solutions compared to global hyperscale Cloud players. E2E focuses on start-ups and the MSE segment. It has run up a lot last year so I am increasing my holding slowly in this.

E2E Networks Ltd - Listed small Cloud computing player

E2E Networks is a microcap company functioning in the cloud computing space with a market cap of 114 cr on the NSE Emerge platform. The company had a good IPO with an offer price of 57 opening at 91. Some financial parameters as on date are shared below: [image] Founded in 2009 and EBIDTA positive since inception, E2E Networks Limited is India’s #1 Pure SSD Cloud player. E2E was the first company in India to launch contractless computing, way back in 2009. It has hourly billed pure SSD publ…

I have shifted some companies to my family portfolio.

Family portfolio:
Central Depository Services Limited
Senco Gold Ltd
Indian Renewable Energy Development Agency Ltd
Inox India Limited
Bajel Projects Limited
KP Green Engineering Ltd

KP Green Engineering Ltd manufactures fabricated and hot-dip galvanized steel products. It is part of the KP group. This was acquired through IPO and not planning to hold for long.

Mistakes I made this year:

1. Panic selling and buying
   This has led to an increase in tax amount.
2. Low conviction bets
   This was the reason for panic selling.

I will try to hold companies for longer duration in the next financial year. I am studying some industries for diversification also.