This is the latest snapshot of my portfolio holdings.There are 7 shares and cash balance of Rs.64277
Now I am making some significant changes in the portfolio.Looking into profit booking in high beta names like Jet Airways and Tata Motors as it gave pretty decent gains in last one week.
|COMPANY||BUY RATE||BUY QTY||% HOLDINGS||SECTOR||TOTAL BUY VALUE||CMP||TOTAL VALUE||% CHANGE|
|CASH IN HAND||64277|
I choose Jet Airways to buy as valuation became so attractive at Rs.333 despite nothing fundamentally changed. Already there is a buy report and up gradation by CLSA upto 500 last month .Now booking profit in Jet Airways at Rs.376 as it gave 13% gains in just one week.Much better results from Jet Airways was a positive factor for stocks appraisal.
Tata motors added in portfolio at Rs.245 last week.Now it is trading at 274 which is 12% up from buy rate hence booking profit.Added Tata Motors mainly due to low valuation and its better monthly sales announced.
Tata Motors today reported 6 per cent increase in its total vehicle sales to 71,771 units in October this year.