Portfolio Was Up 7.2% this Week

Posted Date: February 05 2021
This week, our model portfolio advanced 7.2%. The Nifty was up 9.5%, while Sensex advanced 9.6%. In the broader market, Nifty Midcap and Smallcap were up 7.3% and 6.4%, respectively.

Model Portfolio Stocks Performance

Cadila Healthcare (+5.2%), Ultratech Cement (+18.2%), Finolex Industries (Nse) (+16.6%), Divis Laboratories (Nse) (+12.8%), HIL Limited (+22.1%), Hdfc Life Insurance Co (+0.6%), Gujarat Gas (+2.6%), Deepak Nitrite (+4.4%), Central Depository Services (India) (+5.7%), Uflex (Nse) (-3%), Larsen & Toubro Infotech (+4.3%), Apollo Tricoat Tubes (-1.9%), Tata Consumer Products (+5.8%), Sbi Cards And Payment Services (-0.4%), Birla Corporation (Nse) (+14.9%), Emami (+4.1%), and Au Small Finance Bank(+1.1%)

This week, we added one stock to our model portfolio.

Addition:

Au Small Finance Bank, which started in 1996, is a scheduled commercial bank that successfully transitioned from an asset financing NBFC to a small finance bank. The bank is retail-focused with a diversified bouquet of products and services. Its target customers include low-and-middle income individuals and micro/small businesses, which are creditworthy and have a business potential but are unable to avail financing from formal channels. The bank currently has more than 18 lakh active customers. Further, the bank enjoys a marquee investor base that includes institutions like Kotak, Nomura, HDFC Life, SBI MF, UTI, etc. The stock broke out of a stage-one consolidation base on very good volume, turning actionable.

Buy watchlist: Nestle IndiaAurobindo PharmaRelaxo FootwearsWelspun (Nse)Indraprastha Gas,  Agro Tech Foods (Nse)BsePidilite Industries(Nse)Poly MedicureIcici Lombard General Ins Co, and Balrampur Chini Mls(Nse)

Sell Watchlist: Uflex (Nse)


 

What do you think? Please email us any questions or comments.

Disclaimer: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. It is for educational purposes only.For more information, see our Legal disclosures here.
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