Ascendant's Portfolio

21

4 out of 5 of these companies did really well. Unfortunately I’ve been out of the markets since May.

This is my current portfolio

  • Abbot (New and planning to deploy more)
  • Adani Ports
  • Adani ENT
  • NH
  • Bosch (New and planning to deploy more)
  • L&T
  • Nestle
  • PI Industries (New and planning to deploy more)
  • Reliance
  • Tata Power
  • Praj Industries (minor portion)
22

Good to see this company. I had checked it few times but not in depth. What i understand is that the listed bosch is only automobile component/tech manufacturer and there were some noises that with EV, its tech may be challenged or less needed? But then the company also seem to doing some bit in EV space, not sure of percentage of revenue or size or market share etc.

Pls correct me if wrong and if you can elaborate on its business, your rationale to invest and future growth prospects of the listed company. Thanks

23

Could you elaborate on the story here,

Thanks

24

Hi, regarding Abbot, it’s just a play on the products & experience of parent MNC(200B USD), and the revenue potential in India. Wouldn’t say as much of a valuepickr pick though, quite well known and established.

I will try to add the rationale for Bosch in some time.

25

Update.
Removals from the portfolio: Tata Power, L&T, I believe they will consolidate for longer.
Added: Bajaj Finserv (value pick + AMC / Insurance business) and Angel One.