||One of the few good pharma companies that is still selling at reasonable valuation. Conviction is high because of valuation, clean management record, good pipeline of ANDA approvals. Not buying more due to high weightage already.
||Has been come out with good results quarter after quarter, I am aware they are highly dependent on just one client so wil be on my toes monitoring it going forward. Sinc they belong to a reputed group, I don’t see a huge risk.
|Alkyl Amines Chem
||Niche business, not buying more due to valudation, but have hih conviction because of low competition. Even if prices collapse due to Acetonitrile price correction, I will still hold it and even buy more. Would be monitoring how much management comes true on their talk of topline growth.
||With a lot goping for them currently in terms of PLI and good results, I will continue to stay invested. Not buying more due to high valuation. Will be monitoring their margin expansion.
||Consistently good results, low valuation, clean management, pledge reducing on a frequent basis. Not buying more due to high weightage already.
||High conviction due to good results, and clean management. Have not come across any reason or commentary to sell this.
||My proxy gold holding. I belive when gold prices increase, so do the performance of this company. Besides they have not disappointed with the results either.
||They have gone from strength to strength in last few years, do belive them (TATA after all) when they say they want to be a future FMCG, fair valuation as of today, good results consistently
||Agri play, good export business, will have a good market in India too considering less and less hands are helping with agriculture, obviously need for tractors and equipments will increase. I do realize its cyclical in nature but I guess cycles play out for good in the long run.
||Future mid cap, good management, consistently good results, fair valuation, since its small cap will keep the allocation around 5 percent and not more.
||Still haven’t built enough conviction, sorry that I don’t have any rationale on this except that it has very attractive valuation considering the past results.
||A product based IT company, a product that is well in demand and sold across geographies, consistently good results. Since its small cap, will not increase its allocation beyond 5 percent ever.
||Steady compounder, high conviction that as India grows, HDFC bank will have a major role to play too
||Leader in their segment, clean management, consistent performer, do realize its cyclical in nature but like I said in the long term will play out well
|SBI Life Insurance
||I live in Europe and I see how important insurance is considered, SBI is my bet in India on insurance due to their large distribution network (SBI branches), and very good results quarter on quarter
||Stalwart, may become slow grower but will be a steady compounder I believe, scope of growth in India, while passenger vehicles are luxury this ocmpany caters to non-assenger vehicles and that makes it less cyclical. No wonder it comes out with good results when the rest of auto sector is struggling.
||They are very good at what they do in IT, being the well recognized partner for Service Now. I have seen first hand how much ServiceNow is used by the IT arms of any business, and lately when everybody is going cloud and agile, the demand for their services will only increase in my opinion. However they are really small and so i will keep my exposure limited to 3% of the portfolio. Second risk is what they do can also be done by others, no MOAT except their skill.
|ChamanLal Setia Exp.
||Honestly speaking when I purchased this I didn’t do any research, it was purely on the basis of recommendation from someone else. Till today I am not fully convinced, so this holding will stay only as long as their earning don’t show any deterioration.