A friend of mine has a large diversified portfolio. I won’t say well planned. Just because he was not sure bought everything he found. He asked me for advice on the ones to sell. He wants to take some cash off the table. Any suggestions which ones are worth selling:
Stock
3i Infotech - NSE 27/12 (17:00)
Andhra Petro - NSE
Apollo Hospital - NSE 27/12 (17:00)
Apollo Tyres - NSE 27/12 (17:00)
Apple Finance - NSE
Ashok Leyland - NSE 27/12 (17:00)
Asian Hotel (W) - NSE 27/12 (17:00)
Asian Hotels - NSE 27/12 (17:00)
BEML - NSE 27/12 (17:00)
Balasore Alloys - NSE
Ballarpur Ind - NSE 27/12 (17:00)
Bannari A Spg - NSE 26/12 (17:00)
Beeyu Overseas - NSE
Bhilwara Spin - NSE
Bhuwalka Steel - NSE
Central Bank - NSE 27/12 (17:00)
Chambal Fert - NSE 27/12 (17:00)
City Union Bank - NSE 27/12 (17:00)
DCB - NSE 27/12 (17:00)
DCM Shriram Con - NSE 27/12 (17:00)
DCM Shriram Ind - NSE
DLF - NSE 27/12 (17:00)
DQ Entertain - NSE 27/12 (17:00)
DSQ Software - NSE
Deepak Fert - NSE 27/12 (17:00)
Dena Bank - NSE 27/12 (17:00)
Digjam - NSE 27/12 (17:00)
Dredging Corp - NSE 27/12 (17:00)
EIH Assoc Hotel - NSE 27/12 (15:19)
EngineersInd - NSE 27/12 (17:00)
Eskay Knit - NSE
FGP - NSE
Finolex Ind - NSE 27/12 (17:00)
Firstsource Sol - NSE 27/12 (17:00)
Four Soft - NSE 27/12 (17:00)
GAIL - NSE 27/12 (17:00)
GMR Infra - NSE 27/12 (17:00)
GV Films - NSE
Ginni Filaments - NSE 27/12 (17:00)
Grasim - NSE 27/12 (17:00)
Grindwell Norto - NSE 27/12 (17:00)
Gujarat Pipavav - NSE 27/12 (17:00)
HT Media - NSE 27/12 (17:00)
Hitachi Home - NSE 27/12 (17:00)
Hotel Leela - NSE 27/12 (17:00)
ICICI Bank - NSE 27/12 (17:00)
ILandFS Trans - NSE 27/12 (17:00)
INOX Leisure - NSE 27/12 (17:00)
ITD Cementation - NSE 27/12 (17:00)
IVRCL - NSE 27/12 (17:00)
Ind Cap - NSE
Ind Tra Deco - NSE
IndiaBPower - NSE 27/12 (17:00)
Indian Hotels - NSE 27/12 (17:00)
Indraprastha - NSE 27/12 (17:00)
J. K. Cement - NSE 27/12 (17:00)
JSW ISPAT Steel - NSE
Jain Irrigation - NSE 27/12 (17:00)
Jaiprakash Pow - NSE 27/12 (17:00)
Jaykay Enter - NSE
Jaypee Infra - NSE 27/12 (17:00)
Jet Airways - NSE 27/12 (17:00)
Jhagadia Copper - NSE
KM Sugar Mills - NSE 27/12 (17:00)
KS Oils - NSE 20/06 (17:00)
Kamat Hotels - NSE 27/12 (17:00)
Kesar Petro - NSE
Khaitan Elec - NSE 24/12 (17:00)
Kingfisher Air - NSE 27/12 (17:00)
Kirl Electric - NSE 27/12 (17:00)
Kitply Ind - NSE 04/12 (17:00)
Kovai Medical - NSE 27/12 (17:00)
L&T Finance - NSE 27/12 (17:00)
Lloyd Electric - NSE 27/12 (17:00)
Lloyds Metals - NSE
MCX India - NSE 27/12 (17:00)
MOIL - NSE 27/12 (17:00)
NCL Industries - NSE 27/12 (17:00)
Nagarjuna Fert - NSE
Nagarjuna Oil - NSE 27/12 (17:00)
Nectar Life - NSE 27/12 (17:00)
Neyveli Lignite - NSE 27/12 (17:00)
Nilkamal - NSE 27/12 (17:00)
Nirma - NSE
Novartis India - NSE
Nuchem - NSE
Oriental Hotels - NSE 27/12 (17:00)
Origin Agrostar - NSE
Otoklin Plants - NSE
Patel Eng - NSE 27/12 (17:00)
Pentokey Organy - NSE
Pfizer - NSE 27/12 (17:00)
Philips India - NSE
Piramal Enter - NSE 27/12 (17:00)
Power Finance - NSE 27/12 (17:00)
Power Grid Corp - NSE 27/12 (17:00)
Punjab & Sind - NSE 27/12 (17:00)
REC - NSE 27/12 (17:00)
Radaan Media - NSE 27/12 (17:00)
Rajshree Sugars - NSE 27/12 (17:00)
Reliance Broadc - NSE 27/12 (17:00)
Reliance Media - NSE 27/12 (17:00)
Reliance Power - NSE 27/12 (17:00)
SAIL - NSE 27/12 (17:00)
SBI - NSE 27/12 (17:00)
SM Dyechem - NSE
SPEL Semiconduc - NSE
SPL Industries - NSE 27/12 (17:00)
Shalimar Wires - NSE
Shipping Corp - NSE 27/12 (17:00)
Shrenuj and Co - NSE 27/12 (17:00)
Sona Koyo Stee - NSE 27/12 (17:00)
Spartek Ceramic - NSE
StanChart IDR - NSE 27/12 (17:00)
Sukhjit Starch - NSE
Suman Motels - NSE
Sundaram Fin - NSE 27/12 (17:00)
Supreme Ind - NSE 27/12 (17:00)
Suryajyoti Spg - NSE 26/12 (17:00)
Suzlon Energy - NSE 27/12 (17:00)
TCS - NSE 27/12 (17:00)
TVS Finance - NSE
Taj GVK Hotels - NSE 27/12 (17:00)
Tamilnadu Petro - NSE 27/12 (17:00)
Tanfac Ind - NSE 26/12 (17:00)
Tata Steel - NSE 27/12 (17:00)
TataTeleservice - NSE 27/12 (17:00)
Techtran Polyle - NSE
Tuticorin Alkal - NSE
UCO Bank - NSE 27/12 (17:00)
Uniply Ind - NSE 13/12 (17:00)
United Bank - NSE 27/12 (17:00)
Usha Ispat - NSE
Usha Martin Edu - NSE 27/12 (17:00)
Uttam Value - NSE 27/12 (17:00)
VBC Industries - NSE
Value Ind - NSE 27/12 (17:00)
Varun Shipping - NSE 27/12 (17:00)
Venus Universal - NSE
Waterbase - NSE
Western I Ship - NSE
Wipro - NSE 27/12 (17:00)
Yash Papers - NSE
Zenith Birla - NSE 27/12 (17:00)
Zenith Computer - NSE 27/12 (17:00)
aurionPro Sol - NSE 27/12 (17:00)
iGATE Solutions - NSE
AB Nuvo - NSE 27/12 (17:00)
Adani Ports - NSE 27/12 (17:00)
Adani Power - NSE 27/12 (17:00)
Allahabad Bank - NSE 27/12 (17:00)
Ambuja Cements - NSE 27/12 (17:00)
Anant Raj - NSE 27/12 (17:00)
Andhra Bank - NSE 27/12 (17:00)
Apollo Hospital - NSE 27/12 (17:00)
Ashok Leyland - NSE 27/12 (17:00)
Asian Hotel (E) - NSE 27/12 (17:00)
BHEL - NSE 27/12 (17:00)
Bank of Baroda - NSE 27/12 (17:00)
Bank of India - NSE 27/12 (17:00)
Coal India - NSE 27/12 (17:00)
DCB - NSE 27/12 (17:00)
DLF - NSE 27/12 (17:00)
Dolphin Offshor - NSE 27/12 (17:00)
EngineersInd - NSE 27/12 (17:00)
Escorts - NSE 27/12 (17:00)
Essar Oil - NSE 27/12 (17:00)
GAIL - NSE 27/12 (17:00)
GVK Power - NSE 27/12 (17:00)
Guj State Petro - NSE 27/12 (17:00)
Gujarat Pipavav - NSE 27/12 (17:00)
HDFC Bank - NSE 27/12 (17:00)
HOEC - NSE 27/12 (17:00)
HT Media - NSE 27/12 (17:00)
Hind Copper - NSE 27/12 (17:00)
Hindalco - NSE 27/12 (17:00)
IDBI Bank - NSE 27/12 (17:00)
IDFC - NSE 27/12 (17:00)
IFCI - NSE 27/12 (17:00)
ILandFS Trans - NSE 27/12 (17:00)
IOB - NSE 27/12 (17:00)
IOC - NSE 27/12 (17:00)
ITD Cementation - NSE 27/12 (17:00)
Indiabulls Sec - NSE 27/12 (17:00)
IndusInd Bank - NSE 27/12 (17:00)
Infosys - NSE 27/12 (17:00)
J. K. Cement - NSE 27/12 (17:00)
JK Lakshmi Cem - NSE 27/12 (17:00)
JSW Energy - NSE 27/12 (17:00)
Jaiprakash Asso - NSE 27/12 (17:00)
Jindal PolyFilm - NSE 27/12 (17:00)
Karnataka Bank - NSE 27/12 (17:00)
Kesoram - NSE 27/12 (17:00)
L&T Finance - NSE 27/12 (17:00)
Lakshmi Vilas - NSE 27/12 (17:00)
Larsen - NSE 27/12 (17:00)
MOIL - NSE 27/12 (17:00)
MRPL - NSE 27/12 (17:00)
Mercator - NSE 27/12 (17:00)
Muthoot Finance - NSE 27/12 (17:00)
NHPC - NSE 27/12 (17:00)
NMDC - NSE 27/12 (17:00)
NTPC - NSE 27/12 (17:00)
ONGC - NSE 27/12 (17:00)
Oberoi Realty - NSE 27/12 (17:00)
Oil India - NSE 27/12 (17:00)
Oriental Bank - NSE 27/12 (17:00)
PNB - NSE 27/12 (17:00)
Piramal Enter - NSE 27/12 (17:00)
Power Finance - NSE 27/12 (17:00)
Power Grid Corp - NSE 27/12 (17:00)
Punjab & Sind - NSE 27/12 (17:00)
REC - NSE 27/12 (17:00)
Raymond - NSE 27/12 (17:00)
Rel Capital - NSE 27/12 (17:00)
Reliance - NSE 27/12 (17:00)
Reliance Comm - NSE 27/12 (17:00)
Reliance Infra - NSE 27/12 (17:00)
Reliance Media - NSE 27/12 (17:00)
Reliance Power - NSE 27/12 (17:00)
Religare Enterp - NSE 27/12 (17:00)
SAIL - NSE 27/12 (17:00)
SBI - NSE 27/12 (17:00)
Sayaji Hotels - NSE 23/12 (17:00)
Shipping Corp - NSE 27/12 (17:00)
Shriram Trans - NSE 27/12 (17:00)
Sterlite Ind - NSE 26/08 (17:00)
Sterlite Techno - NSE 27/12 (17:00)
Suzlon Energy - NSE 27/12 (17:00)
Syndicate Bank - NSE 27/12 (17:00)
TCS - NSE 27/12 (17:00)
Tata Steel - NSE 27/12 (17:00)
Tech Mahindra - NSE 27/12 (17:00)
UltraTechCement - NSE 27/12 (17:00)
Union Bank - NSE 27/12 (17:00)
United Brewerie - NSE 27/12 (17:00)
This is an interestingcase really.Their are 200+ stocks, many of which may not be known to any single guy. Dont know howyour friendmanages to track them. Is he an active or a passive investor Or does he just have cash coming in and invests based on recommnedations provided by various analysts on TV. The fundamental problem with the current strategy is that even fewmultibaggers in the portfolio would get overshadowed with so many other underperforming stocks which arent sold at the right time. So no use getting in love with existing stocks.You should first understand the investment objectives of your friend, finalize an approach towardsinvestmentand then allocatethecapital toa maximum of 25-30 stocks in 5-6 sectors. There are enough discussions on valuepickr to get pointer to the individual stocks liked by this community.
If not, an equity/balancedmutual fund investmentwould make more sense then having an untracked portfolio as big as this.
What you are saying is valid. But explaining all this to somebody who does not understand the basics of investing is very difficult. All that he wants is some stocks to sell. He had excess cash with which he kept buying stocks. Now he needs cash for some other purpose so wants to sell a portion of it. He basically wants something like a list of 100 out of 200 which he can sell and hold the balance. Knowing that i am active in the markets he just e-mailed me this stuff.
I don’t track most of them so wanted to check if somebody here can help. Even if i give 30 good stocks. I don’t think he has the ability to track it and manage it. So best thing as you said for him is to go to some good fund house.
your friend has one great attribute. ability to sit on stcoks for ages. one advice i can give is sell ALL the stocks and buy 5-10 good stocks that dont need much monitoring. like page, gruh, astral, mayur, hdfc twins, itc, sun
if he doesnt like this idea, he can throw darts and sell those stocks
Interesting case really 
God knows how many such people would be there in the market.
Given what you explained, I think one approach in which the forum members can help, could be: we just tell your friend the list of stocks we are comfortable to keep .
And your friend can consider selling the rest.
I have positive view on the following from the list.
Piramal Enter , Supreme Ind, Infosys, HDFC Bank, Shriram Transport, TCS , Tech Mahindra, Indusind bank, Kovai Medical, Apollo Hospital
I think similarly, if others can give their positive candidates, your friend can consider selling the left out stocks.
I think what Raj is saying is correct. Even I have seen many people losing lakhs of money in day trading and buying stocks without knowing about them (even I was victim of these 3 years back).
At this moment, he can also consider adding JB Chemicals and Symphony. Also, compounders like Gruh can be considered if he is a passive investor.
Direct equity is never for somebody who does not understand the basics of investing and not interested in learning. I am sure even after the advice your friend will go and sell the winners and keep the losers(very normal for most). Hence no point suggesting it. Please tell him to keep whatever he likes and sell the rest.
Peter Lynch mentioned once " Stocks are like children, have as many as you can afford"
Thanks a lot guys. I will pass on all the comments and stocks you mentioned to him. At the end of the day it is his money and it is upto him to decide what to do. Yes there are enough numbers of amateurs in the market and most of them don’t listen. The problem with this guy is that he knows only to buy so never took advice what to buy. Now selling is something which is outside his radar so seeking my help.
Just to give you one interesting example about another amateur:
Few years back i was discussing with my Auditor’s wife a doctor. As soon as she say me she came running to me worried that infosys has dropped from 3200 to 1600 not knowing what to do. I told her that the company has declared 1:1 bonus. So there is no real drop in price. She immediately said i am going to buy more of infosys. She said i should also do the same.
Logic: Whenever infosys declares bonus share after sometime the stock price goes back to the original level pre bonus. So buy whenever they declare bonus as price is anyway going to go back to pre bonus level. I tried explaining her the holes in her logic. But she said i don’t understand as this is time tested and asked me to show one instance in the last many years when her thesis has not worked. So she would buy more. Luckily infosys is again at 3200 gaining 100%. She is going to again buy when infosys declares another bonus. Unless she loses she will not realise her mistake. And even if she loses it is most likely she will blame the situation rather than her skill.
Better to hold mutual fund.
Better to hold mutual fund.
IMHO Gauravji’s advice is apt for him. Sell all and buy MF
Just to give more colour. The value of the portfolio is 40 crores. Held for 15-20 years. Highly profitable. Now he wants to sell 50% and put in real estate as he does not understand equities. But balance 20 crores he wants to minimum hold 100 stocks to be on the safer side. Overall this is a classic example of somebody making huge returns despite not understanding things by being patient and holding for long term as bala mentioned.
Till now the ones definitely worth holding are:
Apollo Hospitals, CUB, DCB, Deepak Fertiliser, Finolex Ind, Firstsource, Gail GMR, Grasim, Grindwell Gujarat Pipavav,HT Media Hitachi Home ICICI Bank ILandFS Trans INOX Leisure J. K. Cement Jain Irrigation Kovai Medical
L&T Finance MCX India MOIL Pfizer Piramal Enter Power Finance Power Grid Corp REC SAIL SBI Sundaram Fin Supreme Ind TCS Tata Steel TataTeleservice UCO Bank United BankWipro AB Nuvo BHEL Coal India DLF EngineersInd Escorts
GVK Power HDFC Bank HT Media Hindalco IDFC IndusInd Bank JK Lakshmi Cem Karnataka Bank Larsen Muthoot Finance
NHPC - NSE NMDC NTPC Reliance Shriram Transport, Sterlite Ind Syndicate Bank Tech Mahindra UltraTechCementInfosys,
United Breweries.
Also any good bond funds where some portion of this money can be safely deployed?
I would suggest to look at the various stocks performance and start selling those which are worst performers in his portfolio. Over long term if stocks have performed well would be stocks that are fundamentally good and those that have not performed would be stocks whose business is not doing well.
I think he can go by sectors and allocation
0). Sell all the stocks where value is miniscule ( e.g. Kingfisher airline )… this will reduce the stocks which he wants to decide.
1). Sell all the airline stock.
2). Sell all the PSU stocks. ( Govt will not allow PSU to earn much profit )
3). Sell all the telecom stocks. ( Not sure if they will be able to achieve the previous highs in this competitive environment )
4). Sell all the reliance stocks.
5). Move all the banking stock in the HDFC Bank/ Indusind bank.
6). Relook at the list… after this.
With 200 or even 100 stocks he would hardly ever get any benefit from individual stocks. It is best to sell all, buy real estate with 50% and invest the rest in an index fund (for e.g. Nifty BeES) or large balanced fund (for e.g. HDFC Prudence).
Hi Sriram
Just sticking to your question for once and assuming that a portfolio of large number of stocks is required, I will advise to sell off everything and invest in below stocks. I believe this will perform quite well atleast for over next few years and for long. This is basically my large watchlist, mostly comprising of stocks discussed in valuepickr.
| Atul Auto |
| AB Nuvo |
| Accelya Kale |
| Acrysil India |
| Ajanta Pharma |
| Alembic Pharma |
| Amara Raja Batt |
| Apollo Hospital |
| Apollo Tyres |
| Astral Poly Tec |
| Aurobindo Pharm |
| Avanti Feeds |
| Bajaj Corp |
| Bajaj Finance |
| Bliss GVS |
| Can Fin Homes |
| Cera Sanitary |
| Coal India |
| Cummins |
| Dhanuka Agritec |
| Divis Labs |
| eClerx Services |
| Ent Network Ind |
| Exide Ind |
| FDC |
| FIEM Ind |
| Godrej Consumer |
| Godrej Industries |
| Granules India |
| Greenply Ind |
| GRUH Finance |
| Hawkins Cooker |
| HCL Tech |
| HDFC |
| HDFC Bank |
| Helios and Mat |
| Heritage Foods |
| Himatsingka Sei |
| Hinduja Global |
| ICICI Bank |
| Indag Rubber |
| Ipca Labs |
| IT&FS Transportation |
| ITC |
| JB Chemicals |
| Kaveri Seed |
| Kovai Medical |
| KPIT Tech |
| La Opala RG |
| Liberty Shoes |
| Lupin |
| M&M |
| Mayur Uniquoter |
| Microsec Fin |
| Mindtree |
| Monsanto India |
| Oil India |
| ONGC |
| Page Industries |
| Paushak Ltd |
| Persistent |
| PI Industries |
| Piccadilly Agro |
| Poly Medicure |
| R Systems Intl |
| RS Software |
| Selan Explore |
| Sequent Scienti |
| Shakti Pumps |
| Shilpa |
| Sobha Developer |
| Somany Ceramics |
| Speciality Rest |
| Superhouse |
| Supreme Ind |
| Suven Life Sci |
| Swaraj Engines |
| Symphony |
| Tata Elxsi |
| Tata Motors (D) |
| TCS |
| Thomas Cook |
| Torrent Pharma |
| Tree House |
| TTK Prestige |
| Unichem Labs |
| Va Tech Wabag |
| Vadilal Ind |
| Vaibhav Global |
| Vikram Thermo |
| Vimta Labs |
| Vinati Organics |
| VST Tillers |
| Wim Plast |
| Yes Bank |
Thanks a ton Gaurav. This is very helpful.
More then deciding which one to keep and which to sell, question how convince him in what you recommend.
Probably tell him
Those (student)who have been failing (in a class) consistently never to pass with a degree.
or
A company which has stopped paying dividend is not in good health so sell it.
or