Identifying Multibaggers: TheEquityDesk Report Card March 2008!

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TheEquityDesk Report Card March 2008!

Printed From: The Equity Desk
Category: Market Strategies
Forum Name: Identifying Multibaggers
Forum Discription: Discuss specific attributes that investors could look at while choosing multibaggers. Also point out certain factors that investors tend to overlook while finding multibaggers.
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=1718
Printed Date: 28/Jun/2024 at 11:34am

Topic: TheEquityDesk Report Card March 2008!

Posted By: basant
Subject: TheEquityDesk Report Card March 2008!
Date Posted: 31/Mar/2008 at 9:48am

Hi,

The last quarter was the most difficult one ever since this bull m

arket started in 2003. The tendency of stocks to respond to the force of stocks reflected such a tendency to respond to the force of gravity as they did in this quarter was profound.

This quarter saw two changes in http://www.theequitydesk.com/forum/forum_posts.asp?TID=429 - The Equity Desk XI with:

http://www.theequitydesk.com/forum/forum_posts.asp?TID=%20%20href= - Voltas replaces TV 18 in The EquityDesk XI.

http://www.theequitydesk.com/forum/forum_posts.asp?TID=1535 - IDFC replaces Fin Tech in TheEquityDesk X

Being focused on financials, media, retail and infrastructure The EquityDesk XI stocks also lost a lot of in price from their January highs but since all these businesses are either leaders in their space or very close to that position there is reason to feel optimistic about their prospects going forward.

With the recent inflation scare and other data people can think in two different ways. The optimists would say that we are already down 35% from our peak so are we discounting the worst whereas the other camp would say that the worst is yet to come.

I wish there were easy answers to this. Personally I am convinced that over the next 12 months we will be higher then what we are today.

The coming quarter would be defining. Ever since 1992 we have seen that the moment the stock prices stop moving upwards companies are out in the market washing dirty linen and stating that growth is a problem.I expect no such thing to repeat itself – at least in for the front liners (sector leaders).

Companies dependent on capital markets as part of their business model or for raising funds could be under the hammer. In such circumstances it pays to be with companies where RoCE> growth.

The Global conditions add to the discomfort. The new buzz word in the financial markets is “coupling”. A point to ponder upon is had this story been in vogue how could our index have gone up 5 times over the past 5 years whereas the Dow done has nothing. This theory also rubbishes all claims of GDP growth differential. That means a country that can grow at 8%+ and a country that is nearing recession should have similar stock price movements.

It just cannot get more bizarre then this.

Anyone who was in the markets during 2000-03 and bought stocks (non tech) would know the kind of returns stocks given when they are bought in times where the mass public is abandoning them. But temporary losses in paper capital create permanent roadblocks to wealth generation.

During that time the analyst opinion was similar and the markets did respond but the real money was made by people who bought in 2000-03 rather then from 2003-07 (when things had dramatically improved).

Company

Recm

Date

Recm

Price

Current

Price

Absolute %

http://www.theequitydesk.com/forum/forum_posts.asp?TID=295 - Everest Kanto

8-Sep-06

265

231

http://www.theequitydesk.com/forum/forum_posts.asp?TID=69 - Mc Dowell

18-Jul-06

490

1480

202

http://www.theequitydesk.com/forum/forum_posts.asp?TID=451 -

6-Oct-06

137

403

194

http://www.theequitydesk.com/forum/forum_posts.asp?TID=577 - IndiaBulls

13-Nov-06

142

414

192

http://www.theequitydesk.com/forum/forum_posts.asp?TID=173 - Amarraja Batteries

15-Aug-06

66.4

183

176

http://www.theequitydesk.com/forum/forum_posts.asp?TID=593 - Infoedge

19-Oct-06

320

872

173

http://www.theequitydesk.com/forum/forum_posts.asp?TID=696 - GBN

9-Jan-07

133

166

http://www.theequitydesk.com/forum/forum_posts.asp?TID=151&PID=638#638 - Jain Irrigation

13-Aug-06

249

592

138

http://www.theequitydesk.com/forum/forum_posts.asp?TID=322 - L&T

6-Sep-06

1278

3024

137

http://www.theequitydesk.com/forum/forum_posts.asp?TID=102 - Crisil

2-Aug-06

1550

3150

103

http://www.theequitydesk.com/forum/forum_posts.asp?TID=221 - Bharti Airtel

24-Aug-06

407

826

103

http://www.theequitydesk.com/forum/forum_posts.asp?TID=502 - Geodesic

17-Oct-06

180

100

http://www.theequitydesk.com/forum/forum_posts.asp?TID=217 - Kotak Bank

27-Sep-06

314

622

http://www.theequitydesk.com/forum/forum_posts.asp?TID=37 -

23-Jul-06

186

365

http://www.theequitydesk.com/forum/forum_posts.asp?TID=135 -

26-Jul-06

225

439

http://www.theequitydesk.com/forum/forum_posts.asp?TID=29 - TV 18

20-Jul-06

203

395

http://www.theequitydesk.com/forum/forum_posts.asp?TID=591 -

17Nov06

150

http://www.theequitydesk.com/forum/forum_posts.asp?TID=117 -

5Aug-06

1245

2374

http://www.theequitydesk.com/forum/forum_posts.asp?TID=277 -

20-Jul-06

697

1325

http://www.theequitydesk.com/forum/forum_posts.asp?TID=561&PN=1 -

1-Sep-06

168

http://www.theequitydesk.com/forum/forum_posts.asp?TID=535 - Opto Circuits

26-Oct-06

184

326

http://www.theequitydesk.com/forum/forum_posts.asp?TID=1228 - Centurion BOP

1-Sep-06

25.5

http://www.theequitydesk.com/forum/forum_posts.asp?TID=305 - Aditya Birla Nuvo

10-Sep-06

836

1400

http://www.theequitydesk.com/forum/forum_posts.asp?TID=242 - Havells

30-Aug-06

285

470

http://www.theequitydesk.com/forum/forum_posts.asp?TID=277 - ICICI Bank

20-Jul-06

467

769

http://www.theequitydesk.com/forum/forum_posts.asp?TID=362 - Bharti Shipyard

17-Sep-06

337

543

http://www.theequitydesk.com/forum/forum_posts.asp?TID=709 - Zee News

23-Jan-07

http://www.theequitydesk.com/forum/forum_posts.asp?TID=128 - Tata Investments

8-Aug-06

337

491

http://www.theequitydesk.com/forum/forum_posts.asp?TID=682 - Adlabs

2-Jan-07

430

613

http://www.theequitydesk.com/forum/forum_posts.asp?FID=30&TID=231&PN=1 - Nitco Tiles

28-Aug-06

169

240

http://www.theequitydesk.com/forum/forum_posts.asp?TID=133 - Morgan Stanley

19-Aug-06

34.7

http://www.theequitydesk.com/forum/forum_posts.asp?TID=309 -

18-Aug-06

749

1048

http://www.theequitydesk.com/forum/forum_posts.asp?TID=243 - Kohinoor Foods

30-Aug-06

108

http://www.theequitydesk.com/forum/forum_posts.asp?TID=409&PN=1 - Sun Pharmaceuticals

25-Sep-06

930

1214

http://www.theequitydesk.com/forum/forum_posts.asp?TID=224 - Financial Technologies

26-Aug-06

1252

1580

Reliance Capital

3-Jun-07

972

1219

http://www.theequitydesk.com/forum/forum_posts.asp?TID=249 - Indraprastha Gas

1-Sep-06

117

130

http://www.theequitydesk.com/forum/forum_posts.asp?TID=1366 - Tata Tea

15-Nov-07

750

825

http://www.theequitydesk.com/forum/forum_posts.asp?TID=233 - Suzlon Energy

28-Aug-06

242

264

Monsanto

21-Sep-06

1488

1608

http://www.theequitydesk.com/forum/forum_posts.asp?TID=1664 - Marico

15-Mar-08

http://www.theequitydesk.com/forum/forum_posts.asp?TID=1296 -

21-Oct07

735

764

Nestle

31-Mar-08

1490

http://www.theequitydesk.com/forum/forum_posts.asp?TID=126 - Indian Hotels

7-Aug-06

116

111

-4

http://www.theequitydesk.com/forum/forum_posts.asp?TID=1235 - J & K Bank

23-Sep-07

710

678

-5

http://www.theequitydesk.com/forum/forum_posts.asp?TID=1462 - Dabur

18-Dec-07

116

109

-6

http://www.theequitydesk.com/forum/forum_posts.asp?TID=270&PN=1 - Network18

20-Jul-06

238

218

-8

http://www.theequitydesk.com/forum/forum_posts.asp?TID=376 - Shanti Gears

20-Sep-06

-11

http://www.theequitydesk.com/forum/forum_posts.asp?TID=27 - Infosys

19-Jul-06

1612

1432

-11

http://www.theequitydesk.com/forum/forum_posts.asp?TID=1599 - SKF India

16-Feb-08

358

300

-16

http://www.theequitydesk.com/forum/forum_posts.asp?TID=216&PID=1145#1145 - Maharashtra Seamless

22-Aug-06

365

305

-16

http://www.theequitydesk.com/forum/forum_posts.asp?TID=1561 -

28-Jan-08

220

179

-19

http://www.theequitydesk.com/forum/forum_posts.asp?TID=122 - Rayban Sun Optics

6-Aug-06

-21

http://www.theequitydesk.com/forum/forum_posts.asp?TID=1592 - Sintex

15-Feb-08

448

355

-21

http://www.theequitydesk.com/forum/forum_posts.asp?TID=100 - Inox Leisure

2-Aug-06

125

-21

http://www.theequitydesk.com/forum/forum_posts.asp?TID=1122 - Champagne Indage

7-Aug-07

690

530

-23

http://www.theequitydesk.com/forum/forum_posts.asp?TID=441 - PVR

1-Oct-06

255

188

-26

http://www.theequitydesk.com/forum/forum_posts.asp?TID=103 - Trent

2-Aug-06

715

526

-26

http://www.theequitydesk.com/forum/forum_posts.asp?TID=1194 - Max India

5-Sep-07

202

146

-28

http://www.theequitydesk.com/forum/forum_posts.asp?TID=181 - Zicom ELectronics

16-Aug-06

185

131

-29

http://www.theequitydesk.com/forum/forum_posts.asp?TID=131 - Lloyd Electric

9-Aug-06

138

-30

http://www.theequitydesk.com/forum/forum_posts.asp?TID=701 - Moser Baer

15-Jan-07

220

152

-31

http://www.theequitydesk.com/forum/forum_posts.asp?TID=1396 - India Infoline

25-Nov-07

1119

770

-31

http://www.theequitydesk.com/forum/forum_posts.asp?TID=1308 - ICRA

25-Oct-07

960

660

-31

javascript:winOpener%28pop_up_topic_admin.asp?TID=1715,admin,1,1,480,265%29 - -

15-Nov-07	1400	810	-42
http://www.theequitydesk.com/forum/forum_posts.asp?TID=1078 - LMW!	14-Jul-07	2930	1600	-45
http://www.theequitydesk.com/forum/forum_posts.asp?TID=694 - Nucleus Software	8-Jan-07	351	190	-46
http://www.theequitydesk.com/forum/forum_posts.asp?TID=263 - Vimta Laboratories	3-Sep-06	159	79	-50
http://www.theequitydesk.com/forum/forum_posts.asp?TID=260 - Prithvi Information	2-Sep-06	327	162	-50
http://www.theequitydesk.com/forum/forum_posts.asp?TID=856 - - TV	18Apr07	103	50	-51
http://www.theequitydesk.com/forum/forum_posts.asp?TID=748 - WWIL	8-Feb-07	120	35	-71

# Stocks in maroon (pun unintended) are from http://www.theequitydesk.com/forum/forum_posts.asp?TID=429 - The Equity Desk XI.

Regards,

Basant

-------------
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in

Replies:

Posted By: deveshkayal
Date Posted: 31/Mar/2008 at 10:19am

I think we should remove Moser Baer and Network 18 from Emerging Midcap section.

-------------
"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett

Posted By: Vivek Sukhani
Date Posted: 31/Mar/2008 at 10:22am

I have a question on the methodology of this computation.

I think the way we are choosing dates is wrong for computation. One may have a stock on his watchlist for a long time but the returns shall be computed when the stock actually is bought.

The results will get materially different in case such a methodology is adopted. the returns may actually be higher as I remember 2 companies , educomp Solutions and Aditya Birla Nuvo did very well when they were there and have been subsequently replaced. But their contribution shall always be reckoned when we take into account actual returns.

Similarly, I think IDFC's entry price shall be taken as when it made to TED XI and not when it started getting discussed. Same goes for Yes, Titan, Voltas and many others. I am at a total loss to understand that how come Voltas start with 19 p.c. loss when it started just yesterday or day before. If I am a buyer into TED XI, I am not sitting on a 19 p.c. loss, for sure.Similarly I did not make a gain when Blue Star entered TED XI. This recommended price is also not right.

However, I stick to my earlier observation. This churn rate is way too high for any long term portfolio.

Posted By: basant
Date Posted: 31/Mar/2008 at 10:30am

Vivek: This is not TED XI but stocks that are in the broad category. TED XI returns will be different as you have rightly suggested.

Posted By: basant
Date Posted: 31/Mar/2008 at 10:31am

Originally posted by deveshkayal

I think we should remove Moser Baer and Network 18 from Emerging Midcap section.

Even I had similar views but was a bit hesistant to suggest that.

Posted By: Vivek Sukhani
Date Posted: 31/Mar/2008 at 10:33am

okay.....got the point. this is Broad report card.

Sorry for the views.

Posted By: prashantmohta
Date Posted: 31/Mar/2008 at 10:48am

aate aate mere stock ka naam rehgaya

unke hoton pe kuch kaapta rehgaya.....

Posted By: smartcat
Date Posted: 01/Apr/2008 at 12:01pm

TheEquityDesk XI has returned 17% (absolute) since inception (1st Jan 2007) as against the Sensex returns of 13% (absolute).

Unable to get MF comparison this time - ValueResearchOnline does not give the MF performance data from 1st Jan 2007.

Posted By: basant
Date Posted: 01/Apr/2008 at 12:18pm

So inspite of some really tough stocks like DIsh and excessive reliance on financials (suffering from temporary blip) we still managed to beat the index!

Good that you cannot get MF compables!

Posted By: vasantcool
Date Posted: 01/Apr/2008 at 12:56pm

Good to be in teens. Most of MFs have not been able to.

It is going to be another difficult year, may be worse than the last quarter. As long as we all understand this and keep some cash and prayers in spare.

-------------
Have fun!

Posted By: investor
Date Posted: 01/Apr/2008 at 3:11pm

Yes, i think they emerged and since then, gone underground !! LOL

Originally posted by deveshkayal

I think we should remove Moser Baer and Network 18 from Emerging Midcap section.

-------------
The market is a place where people with money meet people with experience.
The people with experience get the money while people with money get experience!

Posted By: gyansr
Date Posted: 01/Apr/2008 at 5:23pm

Originally posted by smartcat

TheEquityDesk XI has returned 17% (absolute) since inception (1st Jan 2007) as against the Sensex returns of 13% (absolute).

Unable to get MF comparison this time - ValueResearchOnline does not give the MF performance data from 1st Jan 2007.

With 17% we would be closer to average return from diversified MFs. Good funds (esp. Infrastructure ones) have performed far better(more than 25% return from 1st jan 2007)

Posted By: Vivek Sukhani
Date Posted: 01/Apr/2008 at 7:32pm

Originally posted by smartcat

TheEquityDesk XI has returned 17% (absolute) since inception (1st Jan 2007) as against the Sensex returns of 13% (absolute).

Unable to get MF comparison this time - ValueResearchOnline does not give the MF performance data from 1st Jan 2007.

Sensex is not a benchmark to be compared with. How many of the Ed XI stocks form the part of Sensex? The last quarter has bought sensex much more closer( in terms of performance).

Posted By: dibyendu
Date Posted: 02/Apr/2008 at 12:39pm

Why the list does not contain stocks from the Power sector? Any specific reason for that? (Probabaly as a new memeber, I hv missed a few points in the forum)

I would also like to have your view on 'Apar Industries'. I find the stock quite interesting.

Posted By: basant
Date Posted: 02/Apr/2008 at 12:52pm

Generally power is more hype then hope at these valuations. No one makes money buying power stocks at 15-20 times forward.

It is better to buy the suppliers rather then the generating companies.

Posted By: dibyendu
Date Posted: 03/Apr/2008 at 3:35pm

Would u please explain what are 'suppliers'? Are they finance companies, or raw material or engeneering companies setting up power plants or capital good companies (like L&T, BHEL) supplying turbines, or companies supplying Transformers, cables etc to Electricyty boards, Transcos etc.

In case its fincance , then do u thik, Power finance, Rural Elec. Corp fit the bill.

Posted By: basant
Date Posted: 03/Apr/2008 at 3:49pm

engeneering companies ,capital good companies companies supplying Transformers, cables etc to Electricyty boards.

-------------
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in

Posted By: BGKGURU
Date Posted: 03/Apr/2008 at 4:19pm

i would like to add ptc in ted xi

Posted By: catcall
Date Posted: 03/Apr/2008 at 10:17pm

Originally posted by basant

Generally power is more hype then hope at these valuations.It is better to buy the suppliers rather then the generating companies.

I would second that thought...

-------------
There are two times in a man's life when he should not speculate-when he can't afford it and when he can-Happy investing!

Posted By: jaifin
Date Posted: 03/Apr/2008 at 11:50pm

What about GODREJ INDUSTRIES? THEY GOT STABLE RATING FROM ICRA.THEY HAVE HOLDING IN GODREJ PROPERTIES.
PROPERTIES ARE GOING TO DEVELOP PRIME PROPERTIES OF GROUP COMPANIES.
IN THE INTERVIEW WITH ADI GODREJ HE SAID THAT FUTURE CASH GENERATOR WILL BE GODREJ PROPERTIES.
THEY HAVE BIG PLANS IN PROPERTIES. I THINK THEY ARE DELAYING THE IPO OF PROPERTIES BECAUSE OF MARKET TURMOIL. I THINK THEY WILL VALUATE PROPERTIES AROUND 400 BILLION WHICH TRANSLATES GODREJ INDUSTRIES PRICE AROUND RS. 1000

BUY THIS BULTIBAGGER

Posted By: India_Bull
Date Posted: 03/Apr/2008 at 4:54am

Jaifin bhai, if you write about Godrej industries on separate thread and in small letters, I might buy this mulltibagger Smile

-------------
India_Bull forever Bull !
www.kapilcomedynights.com

Posted By: TCSer
Date Posted: 27/Apr/2008 at 12:03pm

Originally posted by basant

engeneering companies ,capital good companies companies supplying Transformers, cables etc to Electricyty boards.

I find almost all transformer companies whether its Voltamp,Indotech,Emco or even newly listed Transformers n Rectifiers have been badly underperforming the market for last 2 months .The results are expected to be good n future prospects bright.Cud it be the case of taking advantage from market inefficiency n buying them?

Posted By: kanagala
Date Posted: 22/May/2008 at 9:48pm

Sir,
Is it possible to add few more stocks to TED or some other list of few stocks. Ideally i would like to read each and every thread here. But i am finding it difficult to follow everything. I would like restrict my self to TED 11 and few more stocks.

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While one person hesitates because he feels inferior, the other is busy making mistakes and becoming superior.

Posted By: smartcat
Date Posted: 22/May/2008 at 11:23pm

If you want a shorter list, stick to stocks in the first page or two pages of http://www.theequitydesk.com/forum/forum_topics.asp?FID=30&PN=1 - Emerging Companies sub-forum.

Nobody talks much about 'Shanthi Gears' or 'Lloyd Electric' anymore - and such threads will rot at the end of 'emerging companies' section. So you can ignore those.

Posted By: Invest_in_India
Date Posted: 25/May/2008 at 10:53pm

Hello All,

I have prepared a report card for TED XI for the period from 1st April 2008 till 23rd May 2008.

Good to see that TED XI has outperformed Sensex by 2.9%. Please note that I have taken equal weightages for each of the stock in TED XI.

TED XI	Price at 1st April	CMP	% change
Pantaloon	439	485.90	10.68
HDFC	2374	2678.30	12.82
Axis Bank	764	799.85	4.69
Voltas	179	158.30	-11.56
DIsh TV	50	53.75	7.50
Titan	1048	1200.70	14.57
IDFC	150	156.05	4.03
HDFC Bank	1325	1383.35	4.40
ENIL	365	435.00	19.18
YES Bank	168	160.10	-4.70
Blue Star	403	442.00	9.68

Total	7265	7953.3	9.47

Sensex	15626.62	16649.64	6.55

-------------
Cheers,
Raj

"Que sera, sera,
Whatever will be, will be;
The future's not ours to see.
Que sera, sera,
What will be, will be.
Que Sera, Sera!"

Posted By: omshivaya
Date Posted: 25/May/2008 at 11:28pm

Nice initiative Raj jee. Keep it up.

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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it

Posted By: Invest_in_India
Date Posted: 26/May/2008 at 4:47pm

Originally posted by omshivaya

Nice initiative Raj jee. Keep it up.

Thank you Om jee Smile

for acknowledging it!!!

After today's fall, its good that I have prepared it yesterday Wink

-------------
Cheers,
Raj

"Que sera, sera,
Whatever will be, will be;
The future's not ours to see.
Que sera, sera,
What will be, will be.
Que Sera, Sera!"

Posted By: Invest_in_India
Date Posted: 26/May/2008 at 12:28pm

Dear All,

If someone want to build his portfolio with only TED XI stocks. How much one should allocate(in terms of %) for each of TED XI stock?

Senior TEDies please provide your valuable feedback.

-------------
Cheers,
Raj

"Que sera, sera,
Whatever will be, will be;
The future's not ours to see.
Que sera, sera,
What will be, will be.
Que Sera, Sera!"

Posted By: basant
Date Posted: 26/May/2008 at 12:45pm

That is dependent on individual preferences I could put upto 40 in one stock so that comes with a bias.

-------------
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in

Posted By: Invest_in_India
Date Posted: 26/May/2008 at 12:50pm

Originally posted by basant

That is dependent on individual preferences I could put upto 40 in one stock so that comes with a bias.

Agree...

But assume you are a fund manager running a fund comprising of TED XI what will be those percentages according to you ? Smile

-------------
Cheers,
Raj

"Que sera, sera,
Whatever will be, will be;
The future's not ours to see.
Que sera, sera,
What will be, will be.
Que Sera, Sera!"

Posted By: basant
Date Posted: 26/May/2008 at 12:58pm

Can you indicate my salary, performance boots, perks etc and yes, I would not be trading in the last week of December since that is the time fund managers go for holidays - at least that is what the media says.

-------------
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in

Posted By: Invest_in_India
Date Posted: 27/May/2008 at 7:21pm

Originally posted by basant

Can you indicate my salary, performance boots, perks etc and yes, I would not be trading in the last week of December since that is the time fund managers go for holidays - at least that is what the media says.

See now you started talking like a fund manager LOL

.

I am too small & naive therefore cant comment on those. Infact you tell what are your expectations Smile

. who knows someone from big investment/asset management firm is following TED Smile

...

-------------
Cheers,
Raj

"Que sera, sera,
Whatever will be, will be;
The future's not ours to see.
Que sera, sera,
What will be, will be.
Que Sera, Sera!"

Posted By: romanov
Date Posted: 18/Jun/2008 at 1:10am

Out of the TED XI stocks which sectorial stock is going to outperform?I am finding it hard to find buyable stocks at right valuation...?

Posted By: Invest_in_India
Date Posted: 30/Jun/2008 at 12:48pm

TED XI	Price on 1st April	Price on 30th June	% Change
ENIL	365	362.00	-0.82
Titan	1048	992.35	-5.31
Blue Star	403	374.55	-7.06
HDFC	2374	1964.85	-17.23
Pantaloon	439	351.15	-20.01
Axis Bank	764	605.05	-20.80
HDFC Bank	1325	1007.40	-23.97
Voltas	179	123.75	-30.87
IDFC	150	103.55	-30.97
YES Bank	168	114.70	-31.73
Dish TV	50	30.05	-39.90

Sensex	15626.62	13461.4	-13.86

Only 3 stocks(ENIL, Titan & Blue Star) from TED XI has outperformed Sensex in this quater.
Voltas, IDFC, Yes Bank and DishTV are worst performers in this quarter.

-------------
Cheers,
Raj

"Que sera, sera,
Whatever will be, will be;
The future's not ours to see.
Que sera, sera,
What will be, will be.
Que Sera, Sera!"

Posted By: avinashpai
Date Posted: 01/Jul/2008 at 11:09pm

Very interesting! Just one observation/ question though. Since most of the TED XII stocks happen to be mid caps, shouldn't the benchmark be the midcap index?

That may indicate more outperformance.

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Beware the Black Swan. It may be lurking down the corner. Technical Analysis may help you find it in a hurry!

Posted By: deveshkayal
Date Posted: 01/Jul/2008 at 10:45am

I think we should have RIL in TED XI.

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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett

Posted By: vijayM
Date Posted: 02/Jul/2008 at 10:57pm

PERFORMANCE OF TEDXI FROM 01-04-2008 TO 02-07-2008

S NO	COMPANY	CMP(NOW)	CMP 1/4/08	%
	SENSEX	13,665	15,627	-12.6
1	DISH TV	29	50	-42.2
2	ENIL	369	371	-0.5
3	TITAN	1045	1072	-2.5
4	VOLTAS	123	173	-29.0
5	PANT RETAIL	362	436	-17.0
6	YES BANK	111	164	-32.1
7	BLUE STAR	348	405	-14.1
8	HDFC BANK	1028	1308	-21.4
9	IDFC	108	146	-26.0
10	AXIS BANK	634	721	-12.1
11	HDFC	2037	2360	-13.7
			AVG	-19.2

ENIL, TITAN & AXIS BANK HAVE OUTPERFORMED SENSEX. DISH, YES & IDFC WERE THE WORST PERFORMERS. Overall, TEDXI (-19.2%) has underperformed Sensex(-12.6%).

My portfolio down by 26.6%. over same period. (L&T having 40% weight in my portfolio.)

vijayM

Another case:

From 26 feb 2008 till 1 July 2008*, performance of 5 MFs are as follows:

S NO.	FUND NAME	NAV	NAV(now)	%
1	RELIANCE GROWTH FUND	388.6	291.4	-25.0
2	Kotak opportunities	45.9	30.9	-32.7
3	DSPML TIGER	50.3	32.0	-36.3
4	MAGNUM CONTRA FUND	53.1	37.1	-30.1
5	SUNDRAM BNP SEL MIDCAP	120.2	84.6	-29.7
	TOTAL			-30.8

*Sensex over same period has dropped by 30% implying almost same performance by MFs as Sensex.

vijayM

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If a business does well, the stock eventually follows:Warren Buffett

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