I dont like the growth of Indian IT companies…they are hardly growing in high single digits and I am looking for companies where EPS is growing in north of 20-25%, hence the traditional IT companies don’t attract me…
Its only the large IT companies that are growing in high single digits, you can have look at midcap IT like mindtree, LT infotech, happiest minds
Happiest minds I am having…Midcap companies are definitely good, but I am looking into IT business which is into consumer space rather than services space…so keeping my money on Indiamart and Infoedge, instead of others…seems to be giving more returns that traditional IT services companies so far…lets see how it moves from hereon
These consumer tech companies (infoedge, IndiaMart) always trade at premium. The best way is add on dips and dont care about prices.
I will also add jubilant foodworks in this list. To me its a consumer tech company who specialises in logistics.
I have many of the platform based companies…indiamart, infoedge, route mobile…I think though these companies have moved up a lot, they can still go far…IRCTC I am not invested as it is regulated by govt which has the right to decide the margins for them…affle I used to hold, but I have exited now as I wanted to keep my PF lean…Tanla I am not invested so cannot comment…I am also invested in Laurus labs, others I am not sure of them…It is good that you are invested in many of these consumer tech/platform based names…Indiamart and Infoedge I am invested from last 1.5-2 years…at this price I am not a buyer as valuations are high but I still believe in its long term story and continue to hold…
yeah correct…valuations and growth trajectory of consumer tech will follow how nasdaq prices it and how the growth has been for such companies in US listed space…im invested in jubilant too.
My Current PF in order of wtage:
Indiamart
Deepak Nitrite
Reliance
HDFC Bank
Asian Paints
Divis Labs
Bajaj Finance
Infoedge
Kotak Bank
Tata Consumer
Pidilite
Garware Tech
Aarti Industries
PI Industries
ICICI Bank
Lal Pathlabs
Astral Polytek
Laurus Labs
HDFC Life
Navin Fluorine
Polycab
Jubilant Foods
Relaxo
Polymed
Few other stocks are there also in smaller wtage
2 Likes
Quality portfolio .
IT services, Gold finance NBFC, Gas , Insurance sectors do hold good Future prospects.
But be stock specific
Mentioned coz those stocks seems missing
I have them in small amounts but did not mention
It services - happiestminds, Tata elxsi
Gas - Gujarat gas, IGL,
Gold loan - muthoot, mannapurram
Insurance - HDFC life, ICici lombard
Great, Even i was about to suggest stocks like happiest, Muthoot, Hdfc life , Gujarat gas .
Disclosure : Hold all
Do you hold or tracking Just dial ?
Don’t hold justdial…but invested in Indiamart which is almost in similar space
Ok
You decided wat to do with Herenba stock ?
Listing will b good for sure tomorrow, but u identified it’s prospects for long term?
I’m still undecided. Mostly will skip this
As I already hold
PI n sumitomo in agri chemical space
There are outstanding legal proceedings involving the company, promoters and certain directors,
Absence of large customers and dependence on smaller customers increases uncertainty of demand which may have an adverse impact on the business operations and financial performance
There have been some corporate governance lapses by the company in the past.
Raw materials constitute a significant percentage of the Company’s total expenses, any increase in prices and any decrease in the supply would materially adversely affect Heranba Industries’ business
These r some issues I found out, few positives r also there but corporate governance issues, i stay away
As discussed earlier, I will hold it with TSL…as long as it goes up, I will hold…once it weakens will start booking profits, though valuations are on the cheaper side
Right decision
Good luck
Btw any views on chemcon. It crashed from its high now in long consolidation
Is it due to high OPM that you sold Alkyl Amines? If the portfolio is long term, this company has everything going for it because of its niche and industry, may face short term consolidation (due to OPM) but shouldn’t it compound in the long run?
I am still learning 
I missed alkyl amines in the list…it’s among my top 5 wtage stock
Got this info while going through it. Thought of sharing it as u r invested
If u find it inappropriate flag it n remove this text
Just Dial looks good to me…looking at valuation and B2B business opportunity…i bought it recently
