Posting my portfolio for feedback and suggestions from the esteemed group.
I am a retired principal and was an academic too so goes to say I am very literate but also financially illiterate/outdated. I am new to equities and have been pouring hours into this forum reading the threads, learning technicals, reading books (some I get, some I don’t get at all so am back to being a student which is wonderful).
Oft repeated in this forum is for a book to be authored. I very strongly echo it as combing the forum and getting the information is a challenge and the train of thought gets cuts too often. I see the knowledge here as spectacular with language easy enough for anyone to understand. The top moderators and contributors (Mr. Hitesh , Phreak, Donald to name a few) are extremely patient with questions and answers are very detailed. Please bring the book out.
My rationale to investing is capital growth , inspire people to get into equity investing and keep the learning going. I do intend to hold the stocks for a longer period.
Some misses till now : have not been able to go in with big convictions and being too hung up on technicals
Stocks and rationale
|Company name||% of Total||Rationale|
|DCB Bank Ltd.||5||Quality mid cap bank with good growth|
|Orient Refractories Limited||6||Top refractory comp (the lining needs to be replaced so insulates it from the steel cyclical)|
|NGL Fine-Chem Ltd.||9||Good R&D, foray into poultry , upcoming new prod launches|
|Transpek Industry Ltd.||10||Quality management, good customer base with contracts , chem play|
|ITC||10||FMCG/tobacco play, stock at 52 w low stable compounder|
|Havells India Ltd.||8||Leader in electrical components, good distribution, new product launches|
|Avanti Feeds Ltd.||7||Cyclical play|
|Natco Pharma Ltd.||4||Niche onco healthcare diversification|
|Hester Biosciences Ltd.||5||Optimistic company. I want to give it a go. Numbers are playing out well along with the results|
|HDFC Bank Ltd.||3||Finance diversification, great private bank, long runway|
|Asian Paints Ltd.||5||Leader in paints, Great distribution network, stable compounder|
|Balkrishna Industries Ltd.||1||Niche OHT space, low cost producer , global foray|
|Maruti Suzuki India Ltd.||8||Passenger vehicles leader, India’s go to car, easy repair and replacement|
|Hindustan Unilever Ltd.||2||FMCG leader, steady compounder|
|Britannia Industries Ltd.||5||FMCG , steady compounder|
|Eicher Motors Ltd.||4||Distinctive Motorcycles, new launches, promising pipeline|
Tracking : HDFC AMC, HDFC life, PI, Pidilite , Bajaj Finance and Bata/Relaxo. I am waiting to buy these on dips
Looking forward to your views and suggestions.