Now I believe long investors should start buying in a systematic way. Since stocks are hammered irrespective of companies growth stories. Almost our Indian markets are hammered 45% from their peak point and market capitalization wise it is almost down by 55-60%. So from even if markets go down 10-20% from this point also, individual scrips may not go down that much. Therefore individual investors start buying good scrips. Like if a person sitting with Rs 500000 reserve cash should start buying with Rs 75000 – Rs. 100000. I mean round about 25% of his reserve should be invested now. And after some time even if market goes down or up invest next portion of your 25%. In either case don’t jump into/out of the market. So in this way individual investors should plan their investment because this is the best time for CONTRARION INVESTMENT (followed by people like Warren Buffett and Rakesh Jhunjhunwala).
Even though I am just one year old this vast field I am here presenting some of the good scrips (according to me). You can choose in this list of scrips do your own assessment and then invest. Don’t blindly follow anybody including me. So here we go…
1. Aban offshore
This is the one scrip which is hammered more than 80% from its peak Rs. 5500 to presently Rs. 1000 & odd levels. This company is into actually into the shipping & drilling business. For details you can check into the company website. I purchased Aban already even I am planning to purchase more in near future. Surely guys this is one the best to bet.
2. Adlabs Films Ltd
This scrip is plunged from 1900 odd levels to 250 odd levels, nearly 88% down. This is Anil Ambani owned group and recently expanding in all the possible way like film production, distribution and showcasing of Bollywood, Hollywood & other Indian language movies. This one can be truly added into your portfolio for long term perspective.
3. BHEL
One of the strongest and favorite scrip of long term investors. It fell from 3000 levels to 1400 odd levels nearly 50%. This company is well diversified into many sectors like power sector, transportation, transmission, R&D, non conventional energy equipments and so on. One of the best scrip to have in ones portfolio.
4. ICICI
This is 2nd largest bank in India and largest private bank. It fell from 1450 levels to 450 levels, nearly 65%. In banking sector this is 2nd best compared to SBI.
5. Infosys
India’s second largest IT Company with ZERO DEBT. Now it is trading at 1200 odd levels as compared to its peak levels of 2100.
6. Jaiprakash Associates Ltd.
One of my favorite stocks. It is now trading at 90 odd levels from its peak levels of 500 levels, nearly 85% hammered.
7. L&T
Fell from 2300 levels to 900 odd levels, nearly 75% downfall. One of the strongest one have in your portfolio.
8. Reliance Industries Ltd.
Mukesh Ambani owned company, well diversified and has stakes in many of his other companies. It is considered as strongest stock of BSE 30 stocks. Now it is trading at 1600 levels, fell from 3200 odd levels. Nearly 55% fall.
9. Reliance Capital
Now trading at 900 levels from its peak levels of 3000. Fall of 65%.
10. Sesa Goa
Trading at 100 levels from peak value of 220 levels. 50% fall. When I was doing SIP it used trade in the range of 4000 levels after that there was a split in that stock, I think 1:20. So one my favorite to hold for more than 5 years for better returns.
11. State Bank Of Mysore
Largest bank of India. No need of any explanation for this. Now trading at 1300 levels from 2400 levels nearly down 40%.
12. Shree Renuka Sugars
The best stock in the sugar industry and has an excellent management. One of very sugar factories which have ethanol by-production capacities. Now trading at 74 as compared to its peak 140 levels, 45% fall. I think 10 years back they issued share for Rs. 10 and in October or November 2007 it reached 1400 levels. Imagine 140 times in 10 years. This is the long term investment return. Now it is split into 1:10.
Keep reading…
Keep investing…
Regards
Naveen Mutnal
naveenmutnal.blogspot.com
No comments:
Post a Comment