Monday, 24 July 2017

Our portfolio in Forbes Super 50 list :-)


Cheers guys.
Wonderful news for all of us.
Yesterday, Forbes released their Forbes super50 list....

Link: Forbes super-50-companies-2017

And guess what :-) It consist of 3of top 5 holdings in our portfolio

Saturday, 22 July 2017

Initiating coverage:New age bank with digital push..

Hey guys, hope all of you are enjoying and compounding money with me, sharing all the happiness in the world with you and your loved ones...
At Midcapmantra, we try to identify good quality stocks available at great price. Margin of safety is of utmost importance taught to us by Mr.Benjamin Grahm.
So here we present our 'initiating coverage' on IDFC bank @60.35.

Base thesis:
Undervaluation compared to peers : IDFC bank remains one of the private sector bank growing at decent speed. Value migration play from public sector banks to private sector bank

Friday, 21 July 2017

Result update:Dewan Housing: Excellent set of numbers..


Dewan housing finance just posted Q1FY18 numbers. Excellent set of numbers company delivered.

Link:BSE:DHFL Q1FY18 results

Link: Corporate-Presentation-Q1-FY-2017-18.pdf

Key takeaways: (Comaprison YoY numbers)

1) Total income from operations rose from 1955 Cr to 2407 Cr (+23.12%)
2) PBIT increased from 302.9 Cr to 380.95 Cr (+25.76%)
3) Net profit increased from 201.4 Cr to 260.48 Cr (+29.33%)
4) EPS (Diluted) increased from 6.38 to 8.28 (+29.78%)

Thursday, 20 July 2017

Hidden gems : Performance scorecard : 20.07.2017



Guys, some days are special and today is that one, for me!  Long back, I had shared one wonderful article with you..
.


Today is the day, the dream for which I have been working on over the years, has come true. Today is the last day in my organisation as an employee and I will be working on my own from now onwards. A real joy of working for the passion, sharing the dream with world and achieving it, priceless!!! Thank you all to be part of my wonderful journey of achieving my dream, I really do owe it to your incessant support,love and faith shown on me.

Thursday, 29 June 2017

Cords cable... Doubler and continues...


Cords cable was covered under Heard on street post on 03.02.2016.. at 50.85 rupees.

Original link: heard-on-street-cords cables

Today the scrip is trading at 118 rupees giving approximately 132% return...
Those who had bought it, it is recommended to hold on the scrip for much bigger gains in coming years....
Cheerio.

Friday, 16 June 2017

On demand: Yes Bank : Say #Yes to Yes Bank cheerfully :-)

Hey guys, hope all of you are enjoying and compounding money with me, sharing all the happiness in the world with you and your loved ones...
Many boarders wrote mails to me in recent past that Yes Bank forms position in top 5 holdings in your portfolio (Link: portfolio) and you have not written a single detailed post on it. First of all, humbly accept and Regret the delay, its better late than never, indeed.


Here I present detailed but crisp (Else I could write on Yes bank on and on....

Indiabulls ventures: 11 bagger and continues

Sometimes, you sow the seeds and unexpectedly, it grows beyond imaginations...In Nassim Talesb's words, White Swans.

Huh, Indiabulls ventures has turned out to be most successful recommendation by me up till now, amazing 11 bagger and upward journey continues... Recommended price 15.3, In just matter of one year, today trading at 170.
Profit booking is advisable here. Earlier at 130, had advised booking partial profit (30%)
Request another round of profit booking(20%), hold rest peacefully.
Cheerio.

Monday, 5 June 2017

Credit rating upgrade:IBHFL . . . Amazing positive news...



Guys, amazingly positive news for IBHFL investors...

Link: Credit rating upgrade by ICRA

Keep on holding the gem in long term core portfolio... Enjoy dividend rain and safe steady compounding of money....With slightest possible risk...
Cheerio !!!

Tuesday, 30 May 2017

Yet another superior quarterly set, this giant doesn't disappoint


Hey guys, whats up? How are you all doing? Compounding money and joy with your near and dear ones? Keep on doing that...

REC, our favorite almost 3 bagger in core portfolio ( Link: Portfolio) has yet delivered amazing set of numbers today...(Link: Original recommendation )

Company reported a 13.7 percent growth in net profit in the January-March quarter even as employee costs surged and the lender made provisions for an account not classified as a non-performing asset.Company saw its net profit increase to Rs 1,319.2 crore from Rs 1,160 crore

Friday, 12 May 2017

Result update:Keep Compounding, Ajay Piramal way!!!


Hey guys, how are you all doing? Hope you are doing great and compounding money with me... Sharing joy to your near and dear ones....

Piramal enterprises has been extensively covered on this site and was recommended in hidden gem section on 1st August 2016:

Link: Original recommendation

Today our company, which also has place in top 5 portfolio pick (Link:Portfolio section) reported a 61.06% growth in consolidated net profit at Rs 310.96 crore for the fourth quarter ended March, mainly on account of robust growth in all 3 verticals. Consolidated total income

Wednesday, 10 May 2017

Tuesday, 9 May 2017

Indiabulls ventures: 8 bagger and continues


8 bagger and continues... Recommended price 15.3, today's close 130. Profit booking is advisable here. Book partial profit (30%) hold rest quantities.

Sunday, 7 May 2017

Very kind words from even very dear friend....


Hey guys, how is life? How are you all doing? Hope everyone is compounding with me, spreading love and joy to others....
Today, one of my very dear frind (Fundamental_Investor) wrote an excellent article which made me speechless..Truly humbled.
Do read it....For sure, you will love it.


Share with me how you felt...

Saturday, 6 May 2017

Hidden Gems: Performance scorecard as on 05.05.2017


Hidden Gems section we introduced from 24.01.2016 on this site .... Intention was simple, to identify some good value propositions in market which are currently being ignored. Invariably, in long run, tide turns, sentiment change from negative to positive and re-rating happens. Multibaggers are always lying there to be identified. Some such picks give multibagger returns , some remain dud.

Point is to give them small portion of portfolio, not going overboard

Home loan for BSF soldiers: IBHFL's great initiative...Salute!



Keep on doing good, good will return to you.

Monday, 1 May 2017

Credit rating update: Indiabulls housing finance



Short update on our top pick...Great news for Indiabulls housing finance...

Rrating agency CRISIL, a Standard & Poor's Subsidiary, has upgraded the long-term rating of Indiabulls Housing Finance Limited (IBHFL) to 'CRISIL AA+ Positive' from its earlier assigned rating of 'CRISIL AA+ Stable'.

Link: IBHFL rating update

Important point to be considered over here is, IBHFL is only the second independent non-bank company in India to enjoy this rating.
Company will definitely improve its Net Interest margin going further, as cost of borrowings will further come down due to this rating upgrade.
Cheerio.


Sunday, 30 April 2017

Market is full of misery....



Stock market in particular is a fascinating place ... For most of the market participants, its their bread earner.... People (Especially fund managers) love to boast about their "Beating the market" history ... The business they get is by "drumming their own trumpet" across to attract naive money pouring machines (naive investors)...This ‘beating’ thing has been long ingrained in everyone's brains as they think that it is the only performance indicator to show their edge, intelligence, or value over the ‘beaten’ones.

Thursday, 27 April 2017

Portfolio holdings: Vijay Kedia



Vijay Kedia, 56, India’s one of the most successful stock market investor who made 200 Cr starting from Rs. 35,000. He is a common man with an uncommon intelligence. His stock market strategy and investment style is followed by many investors.He is an inspiration for many investors who are seeking success from the stock market.

Vijay Kedia, born in a family of stockbrokers, entered the stock market at 18 years after his father passed away in 1978. His entry in the stock market was due to compulsion as he has to support his family business. For the next 11 years, he traded in Kolkata. He was making money

Monday, 24 April 2017

Result update: Indiabulls housing: Stellar numbers,yet again!!!


IBHFL has been extensively covered on this site and finds place in top 5 pics in my portfolio.

Today, comapany reported stellar quarterly and yearly numbers. Company reported a 24% increase in net profit for the March quarter on robust growth in individual home loans.Company said net profit was Rs 840 crore, up from Rs 676 crore a year ago. The company will pay an interim dividend of Rs 9 per share as it per its dividend policy of distributing 50% of EPS to reward shareholders.

Saturday, 22 April 2017

Result update: Yes bank,superb, In line with expected numbers.


Yes bank continue to be in top5 portfolio picks: Link: portfolio

Yes Bank Ltd on Wednesday declared March quarter net profit 30.2% higher due to higher net interest income and other income.Net profit for the quarter stood at Rs914.12 crore as compared with Rs702.11 crore a year ago.

Net interest income (NII), or the core income a bank earns by giving loans, increased 32.08% to Rs1639.70 crore from Rs1241.44 crore last year. Other income jumped 56.62% to Rs1257.39 crore from Rs802.81 crore in the same period last year.Net interest margin expanded to 3.6% in the quarter from 3.5% a quarter ago.

Dewan Housing finance: Official 2 bagger...


Dewan housing finance was recommended in near past in hidden gem section on 9th May 2016 @ 200 level.

Original link:DHFL recommendation

On Friday, DHFL closed at 415 levels against recommended price of 200 level. whopping 107% gains from the recommended levels.... It has now officially entered in two bagger catagory...
Safe, sure gains and upmove continues hereon.

Power of fundamentals, Compounding magic, Cheerio!

Cheerio!

Friday, 21 April 2017

Indiabulls ventures...7 bagger and continues......


Indiabulls Ventures was originally covered in Hidden Gems section on 12th April 2016. What a steal price it was at 15.3 - recommended price !!! amazingly undervalued.


I am really happy to share that just within one year the scrip has been up more than 7 times from the recommended price. At CMP of 108.2 on BSE closing price, scrip has given whopping 607% return from original recommended price !!!!

Cheerio !

Sunday, 16 April 2017

Chicken soup for soul: Your value



A popular speaker started off a seminar by holding up a $100 bill. A crowd of 200 had gathered to hear him speak. He asked, “Who would like this $100 bill?”

200 hands went up.

He said, “I am going to give this $100 to one of you but first, let me do this.” He crumpled the bill up.

He then asked, “Who still wants it?”

All 200 hands were still raised.

“Well,” he replied, “What if I do this?” Then he

Thursday, 13 April 2017

Updates on stocks under discussion

Hi guys,How are you doing? Hope you are doing great...
I just wanted to share some updates on our scrips under discussion.

Indiabulls Ventures continued the upside spree and became 5 bagger in just one year. Currently trading at 85 as against recommended price of 15.3... Amazing return this hidden gem has provided.

Piramal enterprises, which we recommended at 1607 levels has gave

Sunday, 9 April 2017

Hidden Gems: Performance scorecard as on 09.04.2017


Hidden Gems section we introduced from 24.01.2016 on this site .... Intention was simple, to identify some good value propositions in market which are currently being ignored. Invariably, in long run, tide turns, sentiment change from negative to positive and re-rating happens. Multibaggers are always lying there to be identified. Some such picks give multibagger returns , some remain dud.
Point is to give them small portion of portfolio, not going overboard

Wednesday, 5 April 2017

Indiabulls ventures...4 bagger and continues......


Indiabulls ventures was origionally covered in Hidden Gems section on 12th April 2016. What a steal price it was at 15.3 - recommended price !!! amazingly undervalued.

Original link: hidden-gems-indiabulls-ventures

I am really happy to share that just within one year the scrip has been up more than 4 times from the recommended price. At CMP of 64.35 on NSE closing price, scrip has given whopping 320% return from original recommended price !!!!

Cheerio !

Saturday, 1 April 2017

GST : Gamechanger for India? Launch pad to become economic superpower?


Dear Tribe members,
I received many e mails from members asking for queries regarding GST and its impact on our equity markets. I have tried to summarize some key points in the below article. Pardon me, I am not economist and below information is assimilation of information available in public domain which I have tried best to put in sequential order to help understand some intricacies.

On Wednesday, India moved yet another step closer for rolling out the country’s biggest tax reform after the LS cleared 4 crucial bills required to implement Goods and Services Tax (GST).The four bills – Central GST, Integrated GST, Union Territories GST and GST Compensation bills – were passed one by one through voice vote.

Under the current tax system, different states impose separate levies as goods move across the country. Truckers spend hours idling at internal borders,

Friday, 31 March 2017

Historic day for Indiabulls housing and Piramal enterprises.Gulf oil lubricants offer surprise

Dear Tribe members,
Historic day for all of us today !

Our Indiabulls Housing finance (My 10 bagger cash cow) entered in Nifty50 in style !!!
Piramal Enterprises on other hand has climbed one step ahead in Nifty inclusion point of view.... It has entered in F&O segment from today.
My guess is that within 12-18 months, Piramal Enterprises too shall be in Nifty50 and we can proudly boast that we are proud shareholders of two nifty50 stocks even before inclusion.

Wednesday, 29 March 2017

Chicken soup for soul: Cockroach theory....



At a restaurant, a cockroach suddenly flew from somewhere and sat on a lady.

She started screaming out of fear.

With a panic stricken face and trembling voice, she started jumping, with both her hands desperately trying to get rid of the cockroach.

Her reaction was contagious,

Tuesday, 21 March 2017

Some offbeat....

Hey guys, Hope you all are doing great ....

Today, decided to share with tribe members two songs which are close to my heart.... Beautiful use of guitar in both of the songs... Get nostalgic when hear these songs....
Hope you will enjoy them...





Sunday, 19 March 2017

Indiabulls E home loans:Digitalization transformation !!!


Guys, our top pick indiabulls housing finance is going to enter in Nifty50 from 31st March 2017. Company is transforming the brand with this opportunity and the logo above is the new logo introduced by company.

Just wanted to share these self explainatory videos which underscores indiabulls' constant efforts to stay ahead of the competition in digitalization helping company to keep operating cost at lower levels and improving operating profit margins....Cheers.





Friday, 17 March 2017

Indiabulls ventures: 3 bagger and continues....

Indiabulls ventures was recommended in hidden gems section on 12th April 2016 at 15.3 INR per share.

Original post: hidden-gems-indiabulls-ventures

Today, proud to share with you all that the stock closed at 48.3 on BSE whopping 3.15 times the recommended price in span of less than one year !!!!

Cheers and enjoy !


Sunday, 12 March 2017

Landslide UP vicory for BJP: Brace for new all time high and huge multi-year bull run....


Hi guys, wish you all very very happy holi...Yesterday it was historic day for Indian markets. A landslide victory of BJP in UP again re-affirmed the "NaMo"magic is still in air despite all the pains of "DeMo" reform.

How will it affect Indian bourses in coming days?

I can't predict near term price movements and nobody can ever will. But, it's great long term positive news for Indian bourses going ahead. Yes, we have just entered in mother of all bull runs which we haven't​ ever seen in Indian Equity history...

Some key important points to be pondered upon over here:

1) A victory for BJP in Uttar Pradesh, will be seen as an affirmation

Monday, 27 February 2017

Hidden Gems: Performance scorecard as on 26.02.2017


Hidden Gems section we introduced from 24.01.2016 with first post on RCCL....

Hidden gems section

Though it will be really immature to judge performance based on just 13 months and that too, every scrip recommended on different date, I have tried to compile it on request of some of viewers ..

Viewers should note that this is

Friday, 24 February 2017

Indiabulls ventures: Up, up and away....


Indiabulls ventures was recommended on this site under hidden gems section on 12 April 2016 at 15.5 price.

Link: Original post: hidden-gems-indiabulls-ventures

Happy to share with you that yesterday scrip has closed at 40 levels (39.9 to be precise)  yielding 158% returns in just matter of 11 months...

Impressive performance by the scrip indeed !

Cheers and happy investing...

Tuesday, 21 February 2017

Sureshot safe doubler in matter of one year.... REC...


Rec has been recommended origionally on this site on 24th Febrary 2016 at 153 levels...

Link: Original post: lightening-rural-indiarec

Today, I am very much happy to announce that REC is trading at 155 level after 1:1 bonus.... It has given more than double return over the period of one year.... Going down the memory lane, What a blind bet it was with huge margin of safety and excellent dividend yield !!!

Yet, long way to go, yet very cheap and yet huge fire in the belly for further upward movements...

Hold it tight, enjoy steady, safe, sure return and dividend cash river.....

Cheerio !

Saturday, 18 February 2017

Virinchi : Proving the mettle...


Virichi was covered on this site on 24th January 2016...Recommended at 40 levels

Original post: Virinchi Tech

As per last traded price on 17th February 2017, the stock quoted at 90 levels... Whopping 125% over and above the recommended price.....

Enjoy...Continue holding this gem ....Cheers.

Thursday, 16 February 2017

Fantabulous news: Indiabulls housing finance to get included in Nifty50


Dear Readers,
Nothing can be happier than this news: Indiabulls housing finance getting included in NIFTY50.... yes, you read it right. Our cash cow and actively covered stock on this site will get its due valuation ...

Link: Indiabulls housing finance inclusion in Nifty 50

Implications of the news :
1) Many ETFs and INDEX funds have now compulsion to buy it after inclusion in INDEX.

2) With inclusion of stock in NIFTY 50 Index volumes will grow exponentially which will further improve liquidity in counter.

DIIs which are not actively tracking the counter (The stock is currently dominated by FIIs who hold more than 60% ) have to come up with research reports on this gem and then RE-RATING will take the stock to new hights !!!
Cheerio !!!

Tuesday, 14 February 2017

Result update: REC: Stupendous performance and dividend bonanza...


Dear readers,
REC has been extensively covered under different articles on this site: REC articles
Also, it has place in top 5 portfolio holdings : portfolio

The stock has been origionally recommended at 153 levels (before bonus) which translates to 76.5 ex bonus valuation. Today REC is trading at 144 valuation giving 88% whopping returns on invested capital. Icing on the cake is the dividend it announce today : 7 rs per share !!! so add to it, its almost double the original recommendation :-) Who says only hot stock give double return in short span of time? :-)

Today scrip declared stupendous quarterly results.
It reported a 28.07 per cent increase in net profit for the December quarter at Rs 1,754.4

Monday, 13 February 2017

Result update: Piramal Enterprises: Another blockbuster quarter...

Piramal enterprises has been extensively covered on this site: Original link: piramal enterprises
and also it finds place in top 5 portfolio holdings: Link: portfolio holdings

Today, Management declared Q3-FY17 results and results are blockbuster as expected !

It reported a 31.66 per cent rise in its consolidated net profit to Rs 404.08

Thursday, 26 January 2017

IBHFL: Investor call transcript Q3FY17 and result presentation

Dear all,
We covered indiabulls result details 3 days ago...
Link: result-update-indiabulls-housing.html

Please find below detailed investor call transcript held on 20th January 2017. The call was arranged by UBS securities.

Q3fy17-ibhfl-concall-transcript

Ibhfl-investor-presentation-Q3FY17.pdf

Above investor conference call transcript along with detailed presentation will give you in detail understanding of the business.
Cheerio.

Friday, 20 January 2017

Result update: Mindtree Limited


Mindtree was recommended as "Diwali Pick" in hidden gems section of this site.


Yesterday, Mindtree announced its quarterly numbers. Its profit in third quarter grew by 8.8 percent to Rs 103.1 crore from Rs 94.8 crore in previous quarter. Rupee revenue during the quarter remained flat at Rs 1,295.3 crore but dollar revenue declined 0.4 percent to USD 192.2 million on sequential basis. Operating profit increased 7.3 percent quarter-on-quarter to Rs 174 crore and margin expanded by 90 basis points to 13.4 percent in the quarter ended December 2016.

Result update: Indiabulls housing finance: Stay bullish !


Indiabulls housing has been extensively covered on this site in many articles.
For new readers, please go through old articles over here :
agressive-buy-call-indiabulls-housing
success-story-indiabulls-housing-finance
Be-financially-independent-retire-early


Today, Indiabulls housing finance declared its quarterly numbers in Q3FY17.

Revenue for the quarter surged 24.6% yoy to Rs. 2585.9 cr.

Thursday, 19 January 2017

Result update: Yes bank: Say ' Yes' to celebration


Yes bank continues to be in top 5 holdings in my portfolio.
Today company declared its quarterly earning numbers which are superb on all fronts.

Net profit for the December quarter rose 30.62% from a year ago due to higher net interest income and lower provisions.

Net profit for the quarter stood at Rs882.63 crore compared to Rs675.74 crore a year ago. Net interest income (NII), or the core income that a bank earns by giving loans, increased

Monday, 16 January 2017

New year Pick: Infosys Limited

Time and again, I bring in new picks which are fundamentally strong, attractive in valuation and will reward investors in reasonable time frame. In the quest to find out such bargains, Today let me offer you my NEW YEAR PICK: Infosys limited.

Infosys, a global leader in technology services & consulting, helps clients in more than 50 countries to create & execute digital transformation strategies.

Huge behemoth with Market cap  2,19,507.52 Cr

Result update: DHFL continued blockbuster performance



Dear readers,

Dewan housing finance has been extensively covered on this site ..
For new readers, Pl find original recommendation here :
Hidden-gems-dewan-housing-finance

Today, Dewan Housing Finance Corporation Ltd (DHFL) declared its Quarterly result. It has reported a 32 per cent increase in net profit at Rs. 245 crore for the third quarter

Friday, 6 January 2017

Mohnish Pabrai at his best


What can I say, Just amazing clarity this man has !!!

Hats off.

Enjoy the golden words from Investment Guru " Mohnish Pabrai" in very unassuming way....
Very much confident , you will feel enriched after 30 minutes of patient listening....

Enjoy, Chilax

Sunday, 1 January 2017

Modi announcement:Huge positive for housing finance companies


Yesterday eve, our Respected Prime minister gave another big bang speech.

PM Modi applauded efforts made by the citizens who have displayed courage and patience over the last 50 days in making 'yagna' effective. He justified the decision by saying that it was required for the better future of the country.

Summary of major takeaways from his speech:
  • Banks have been asked to raise cash credit limit to small

Thursday, 29 December 2016

How share buybacks work?


Buyback is a corporate action in which a company buys back its shares from the existing shareholders usually at a price higher than market price.

Warren Buffett alluded to the share buybacks in his 1984 letter to shareholders: “When companies with outstanding businesses and comfortable financial positions find their shares selling far