My Stocks portfolio- Insight about holding it

After reading one post on Arun’s blog about his portfolio and reasoning behind it, I thought why shouldn’t I write about my holding. As I mentioned in my earlier blog about my holding in stock is less than 20 %, still it is significant with current volatality in Indian share market.

1 Powergrid - I got 420 these shares in IPO last year Sep 2007 and bought some 50 more from secondary market in May 2008. Planning to hold this for a while as it is now NIFTY Index stock and having better future with diversification new businesses like Telecom. Seems this share is not having much down side but not much upside as well.  This is only two my holding which is positive.

2 GMR Infra – I got GMR in IPO in 2006 and 50 become 250 after 1:5 spilt.  Currently battered badly in downturn from Jan 2008. Trading at 88 and today it is less than 70 ( around 68.55)  Planning to exit and buy some other stocks such as Unitech or IRB Infra but not getting exit point.  Seems good company with a lot of good cash generating projects but not delivering in market as continued downslide from 265.

3 Reliance Industried Limited – Bought last week of Sep and want to buy more as asset for future and large cap core holding. Bluechip at any time and having highest weightage in SENSEX and NIFTY. Got some more on Oct First week but doing very badly

4 Larson and Tubro – also added 8 shares of L and T which is again Capital Goods or Construction space at avg price of 2504 and got 8 more as bonus today to make it 16 shares. Must be a part of core portfolio and acted too late and bought last week with Reliance, Suzlon and Infosys. Currently trading below 1000 rs..

5 Infosys - Best IT stock available cheap due to recession in US and rupee apriciation. First bought in May 2007 and added few more last week to make a tally of 20 shares. I know it is trading around 1400 now but having good upside and in IT space, my best pick ahead of TCS and Satyam.

6 Suzlon – Wind Energy turbine maker and in space of Capital goods space which I entered in Mar 2008 with 40 and again 50 last week of Sep and 8 on Oct 2008. Right issue is on a way and currently trading around 150 which is much more less than what I bought for. A good long term story and also in era of global warming, Wind Energy has a lot of scope and hence Suzlon.  Today it is trading at 106 and don’t know if I can recover my money. 48.80% down from my buy price.

7 Reliance Power - Anil Ambani made foool of whole India and I was one of them. Even knowing that this company not at all exsits and appears only on a paper and lot of analyst saying it will be big hit etc, I got two lots and with a lot of eye opening, applied for two lots and got bonus 5:3 and bought something from open market to make round figure. Holding now 88 shares and CMP is around 125.. a long way to go. As every one says, it is a long term story ( Really) 48.81% down..

8 Bajaj Auto and its 2 borthers ( Baja Finserve and Bajaj Holding and Investments) – Once bluechip and now no where. Must sell as and when I get chance.

9 Edlewisee – Got 2 lots in IPO and holding with 50% of loss. Must exit as and when I feel I can bear lossess ( 50.94% as of now).

10 Brigade - This banglore builder…got a lot in IPO and added some more to square the losses.. effect- more losses and value erosion of 75%.( 76.88% loss)

11 Burnpur Cements – Rs 12 IPO was instant hit and sold some shares in it to book partial profit. Not sure if it will go where from here. CMP is again 12 .. may will exit once I complete 1 year in this share. ( 2.08% loss)

12 BMEL – FPO got me 5 shares and I stick to them to save Capital gain tax.. effect is I am having 51.18% loss.

13 Eclex - Got through IPO and was in profit in inital days but now down  68.21%..

14 Maytas Infra – Got through IPO and  only share where I am having postive returns after powegrid. But will exit once I complete 1 yr of allotment to save Capital Gain Tax.

15 Lanco Infratech- Got through IPO and hold it for more than a year of so.  Done partial profit booking and then waited for same price. It is also time to exit from this share.

Hope this will post will help some of stock investers who invests in IPO and wait for some more time to get better price and how it ruin their returns. Happy investing.

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