| Diwali bonanza for their portfolios |
| Rex Cano / Mumbai November 5, 2010, 0:51 IST |
In a week, which was expected to be marred by uncertainty given the two major events viz RBI policy review and Fed meet, the markets, instead, turned it around into a positive surprise this Diwali. The Sensex rallied to record highs, with added sparkle from the Coal India listing.
Similarly, fund managers too benefited from the rally in the markets, as they all posted gains. The S&P CNX 500 index portfolio value appreciated over four per cent to Rs 11.40 lakh. On the other hand, Ajay Parmar, Siddarth Bhamre and Vinay Khattar logged gains in the range of three-four per cent each. Shishir Bajpai saw the net worth rise by 1.3 per cent.
Ajay Parmar,
Head-research institutional equities, Emkay
Ajay Parmar was seen active this week after almost a fortnight. He exited from Shriram EPC for a net loss of over nine per cent, and has invested the net proceeds into Infinite Computer Solutions. Parmar’s total investments are now valued at Rs 11.11 lakh, and he holds Rs 13,000 cash. He has 22 stocks in his portfolio, of which GEI Industrial Systems with a gain of almost 35 per cent is the top gainer. Unichem Laboratories, Chambal Fertilisers and Aurobindo Pharma are up around 25 per cent each. Natco Pharma, Rallis India and Gulf Oil Corporation are just the three stocks which are trading below his cost price.
| AJAY PARMAR, Head Research Institutional Equities, Emkay | |||
| Top Holdings | Cost price (Rs) | Current price (Rs) | Value (Rs lakh) |
| Unichem Labs | 185.98 | 232.50 | 1.16 |
| Natco Pharma | 291.03 | 279.25 | 0.77 |
| Chambal Ferts | 75.38 | 93.85 | 0.75 |
| eClerx Services | 546.00 | 616.80 | 0.62 |
| Bajaj Auto | 1485.45 | 1610.35 | 0.56 |
| Total investments | 11.11 | ||
| Cash | 0.13 | ||
| Net worth | 11.24 | ||
Shishir Bajpai,
Senior vice-president, IIFL Private Wealth
Shishir Bajpai continued to churn his portfolio actively. In the eight sell side trades that he executed, he booked profit in four and losses in the remaining. He booked gains in the range of four-13 per cent on his investment in Ajmera Realty, JSW Steel, Ahmednagar Forgings and Ulfex. On the other hand, he incurred losses in the range of two-eight per cent each on his investments in Indiabulls Real Estate, Jindal Saw and Everest Kanto. Bajpai’s prominent fresh buys include IFCI, Jindal Saw, Tata Motors and Punj Lloyd. Jai Balaji Industries, up over 32 per cent from his cost price is the top performer in his portfolio. His net worth is up 45 per cent at Rs 14.50 lakh.
| SHISHIR BAJPAI, Senior Vice President, IIFL Private Wealth | |||
| Top Holdings | Cost price (Rs) | Current price (Rs) | Value (Rs lakh) |
| Jai Balaji | 246.10 | 325.45 | 1.30 |
| Tata Motors | 1227.80 | 1234.05 | 1.23 |
| Infosys Tech | 2994.25 | 3077.15 | 1.23 |
| Jindal Saw | 222.25 | 222.95 | 1.11 |
| IFCI | 71.45 | 74.05 | 1.11 |
| Total investments | 14.30 | ||
| Cash | 0.20 | ||
| Net worth | 14.50 | ||
Siddarth Bhamre,
Head- equity derivatives, Angel Broking
Siddarth Bhamre executed 10 trades, five on each side. He booked gains in the range of 5-8 per cent on his investments in Deccan Chronicle, Dish TV, Oriental Bank of Commerce, MTNL and Essar Oil. Bhamre has added CESC, Kotak Mahindra Bank, Praj Industries, Financial Technologies and Exide Industries to his portfolio. Indiabulls Securities, CESC, Praj Industries, Financial Technologies, Finolex Cables and Exide Industries are the top gainers in his portfolio. On the other hand, JK Tyre and Electrosteel Castings are the prominent laggards.
| SIDDARTH BHAMRE, Head-Equity Derivatives, Angel Broking | |||
| Top Holdings | Cost price (Rs) | Current price (Rs) | Value (Rs lakh) |
| Indiabulls Sec | 26.05 | 27.00 | 0.81 |
| CESC | 372.75 | 386.85 | 0.77 |
| Great Offshore | 379.20 | 383.70 | 0.77 |
| Balrampur Chini | 87.90 | 87.90 | 0.66 |
| IVRCL Infra | 161.55 | 155.55 | 0.62 |
| Total investments | 10.22 | ||
| Cash | 0.51 | ||
| Net worth | 10.73 | ||
Vinay Khattar,
Head- research of WAIS, Edelweiss
Vinay Khattar also executed 10 trades, five on each side. In the four out of the five sell side trades, he incurred a loss of one-eight per cent each on his investments in Chambal Fertilisers, Arrow Textiles, Meghmami Organics and Uniply Industries. However, he booked a gain of nearly four per cent in Reliance Communications. Meanwhile, he has added IFCI, KCP Sugar, Aarti Drugs, HBL Power and Apar Industries to his portfolio. Delta Corp with a gain of over 76 per cent is his top performing stock, while Donear Indus tries down over 22 per cent is the top loser.
| VINAY KHATTAR, Head – Research of WAIS, Edelweiss | |||
| Top Holdings | Cost price (Rs) | Current price (Rs) | Value (Rs lakh) |
| Delta Corp | 57.33 | 101.20 | |
