FABULOUS-15 TRACKER - List Launched on 31-Dec-2009 | ||||||
Stock Name | Reco Price (Rs) | CMP (Rs) | High So Far (Rs) | Target (Rs) | % Returns So Far | Action |
3IINFOTECH | 87 | 73 | 97 | 118 | -16 | Hold |
ADHUNIK MET | 110 | 100 | 127 | 152 | -9 | Hold |
EKC | 156 | 109 | 162 | 189 | -30 | Hold |
EMCO | 91 | 82 | 109 | 130 | -10 | Hold |
GIC HOUSING | 92 | 86 | 94 | 150 | -7 | Hold |
GLENMARK | 278 | 252 | 290 | 350 | -9 | Hold |
GREAVES COT | 286 | 270 | 303 | 352 | -6 | Hold |
GSPL | 98 | 85 | 102 | 125 | -13 | Hold |
GUJ NRE COKE | 80 | 72 | 98 | 110 | -10 | Hold |
IFCI | 54 | 51 | 60 | 75 | -6 | Hold |
MRPL | 78 | 74 | 86 | 100 | -5 | Hold |
NEYVELILIG | 152 | 156 | 172 | 196 | 3 | Hold |
POWERGRID | 109 | 107 | 121 | 141 | -2 | Hold |
SKUMAR | 41 | 45 | 50 | 70 | 10 | Hold |
SUZLON | 91 | 72 | 95 | 140 | -21 | Hold |
ABG SHIP | 210 | 270 | 270 | 270 | 29 | Profits Taken |
FABULOUS-15 has closed with negative returns of 6.37%; NEYVELI and SKUMAR continue to outperform while SUZLON, EKC, 3i INFO have been top losers in this portfolio but fundamentally speaking they hold more value than before so they can be averaged as we still have funds being only 30% invested.
Budget Beneficiaries:
SUZLON: Excise duty exemption for wind turbine
MRPL: One-time inventory gain due to import parity price rise
SKUMAR: Government said it would launch a skill development plan in the textile sector and also extend interest subvention of 2% on exports to Mar 2011, dealers said.
IFCI: RBI would issue more banking licenses, Government is expected to soon appoint consultant for restructuring
GREAVES COT: Nil duty road machine can be sold by depreciated payment
GLENMARK: Weighted deduction for R&D expenditure increased to 200% from 150%
GIC HSG: Urban development allocated 54 bln rupee FY11 vs 30.6 bln, Home loan interest subvention scheme extended to Mar 2011
