Portfolio Update : 10/11/2020
Exits since the last update : DMart
New Additions since the last update :
Alembic Pharma : Fantastic ratios at reasonable valuations. One of the top players in the domestic formulations and API market. With the capex I am positive of its growth and so far the management has walked the talk.
Ashok Leyland : This is my investment thesis.I would have caught Ashok Leyland earlier when it was languishing at levels of 35-40 per share had I come across this article earlier.
Castrol India : Short term dividend play. Nothing else to add. Fundamentals wise it is a good company but not something i’d want to hold for more than a year as it is linked to the cycle of crude oil prices.
I have added to my existing positions of Bata and ITC.
Stocks on my watchlist :
HDFC Ltd
HDFC AMC
HDFC Life
L&T
Alkem Laboratories