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Net worth takes a hit

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Rex Cano Mumbai
Last Updated : Jan 21 2013 | 2:54 AM IST

Ajay Parmar
Head, Research (Institutional Equities) Emkay

Ajay Parmar remained on the sidelines in the above mentioned period, while his portfolio value declined over two per cent to Rs 13.43 lakh from Rs 13.72 lakh.
 

Top Holdings% of  
assets
Cost 
price (Rs)
Current 
price (Rs)
Value
(Rs lakh)
Lupin5.411,510.251,817.200.73
Lakshmi Mach5.222,062.052,001.450.70
Cadila Health4.81480.68576.350.65
Rallis India4.351,102.901,459.550.58
JSWSL4.301,017.401,154.850.58
Total investments60.13  8.07
Cash 39.87  5.35
Net worth   13.43
Returns (%)34.28   

This is mainly due to a sharp fall in the stock prices of South Indian Bank, JK Tyre, Aban Offshore and Sesa Goa — down 8-14 per cent each. However, losses were contained by a eight per cent rise in Lupin. Parmar's top three stocks are Lupin, Lakshmi Machine and Cadila Healthcare. The cash levels stand at Rs 5.35 lakh.

Amar Ambani
Vice President (Research), India Infoline

Amar Ambani continued to churn his portfolio and, at the same time, increased cash levels. His top profitable trades included Bajaj Finserv, Patni Computers and ICSA India.
 

Top Holdings% of  
assets
Cost 
price (Rs)
Current 
price (Rs)
Value
(Rs lakh)
MRF3.986,335.006,928.200.55
Hikal3.54377.00379.250.49
Suzlon3.3372.7571.250.46
ICSA India3.30141.40153.200.46
Federal Bank3.17284.30294.350.44
Total investments67.62  9.41
Cash 32.38  4.51
Net worth   13.92
Returns (%)39.23   

The profits varied in the range of 8-15 per cent each. Ambani holds 29 stocks in his portfolio, of which Valecha Engineering, Visaka Industries, JBF Industries, Bajaj Finserv and United Phosphorous are the leading gainers. Incidentally, Tata stocks Tata Elxsi, Tata Metaliks and Tata Sponge are the prominent laggards. Ambani's net worth was down marginally at Rs 13.92 lakh, while cash levels have risen to Rs 4.51 lakh.

Vinay Khattar
Head - Research of WAIS, Edelweiss

Vinay Khattar cut his losses by exiting from some of his poor performing scrips. He booked significant losses in the range of 7-12 per cent each on his investments in Aries Agro, Godawari Power, Jaiprakash Associates, Crew BOS and Aegis Logistics.
 

Top Holdings% of  
assets
Cost 
price (Rs)
Current 
price (Rs)
 
Value
(Rs lakh)
Geodesic5.09127.55117.900.59
Havells India4.53563.17616.500.52
Aries Agro3.15126.23119.650.36
Rallis India2.521,454.751,459.550.29
Sabero Org2.0880.4580.250.24

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First Published: May 07 2010 | 12:01 AM IST

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