well the sensex is at around 17k and looks like it is going to be range bound between 16500 to 17200 for some more time, with what the situation offers, I am offloading stocks which have not given me decent returns of atleast 15% p.a and I am also offloading stocks which I invested in almost a year back, but still my returns are atleast 5% in the negative. I am booking that 5% loss and unlocking my capital invested in those stocks.
Now, I am focussing on those midcap and small cap companies who have done excellent as far as their ROCE goes( Return on Capital employed)some of great interest to me are:
1) Oil country tubular
2) Orient paper industries
3) IL & FS Investment Managers Ltd
4) Praj Industries
5) Rain Commodities &
6) Zydus wellness
I am also looking at telecommunication cos like Bharti Airtel, Reliance Communications & Idea - Their stock prices look quite right to me, so I am buying at dips and accumulating.
well, I find the capital markets extremely challenging and fulfilling, it brings out the best in me in terms of my alertness, analysis, and risk taking appetite.
I still have a lot to learn and this is going to be a contineous process!
Happy Investing!
Your's Truly,
Ibrahim Casubhoy
Casubhoy Trident - Investments & Realty
Email:ibrahim.casubhoy@casubhoy-trident.com
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