I dont have too much idea about aurobindo pharma. sharekhan etc have buy reports on the company. But being dependent a lot on the US markets for its sales and profits, I think it will be moving in line with USFDA whims and fancies.
I think a better idea would be to get into pharma companies which have presence in domestic space and are growing gradually in the US markets.
In the end I would like to caution you about portfolio allocation. 75% in a single stock is too much and u need to cut down on the percentage allocated to aurobindo as soon as u can.
I understand you are loading up on Kaveri. At current prices, how much percentage it can occupy in your view in a 8 stock portfolio. I have 6% as of now.
dont go by my conviction. You need to have high conviction yourself before taking any step. Otherwise if stock price goes down, it starts creating doubts and panic.
No worries Hitesh.I can take the price gyration on both sides.
Whatever I have read seems to be quite positive and I am convinced about the story.The downside also should be limited if the story doesn’t play out as expected.
Wanted to enter Ajanta around 610 - 620 but thought that it would correct more and hence did not buy… Hold a small quantity of… Any views on the price? Does it make sense to buy on Monday or Tuesday before results?
What are your views on La Opala? What’s your view on Ajanta Pharma & KajariaCeramics’results? Did you buy Kajaria for a long term or its a short term play based on valuation?
Kaveri thread on valuepickr might provide answers. Monsoon is predicted to be normal so I think although there might be below normal monsoon, outright drought might be less likely.
Understanding inventory here is the trickiest part. Unlike all other businesses inventory here is never a liability delve deeper into this aspect and you will realize the true beauty.
what will be the eps of unichem lab for fy13 eps and any positive surprise like bonus or higher div. waiting for ur comment sir and thank you in advance.