Shareholding data the companies have provided to the exchanges reveal that foreign institutional investors were selective on their stock picks and from the data, there were about 44 companies in which the FII’s had considerable stakes.
Money control has published this data and out of the 44 stocks, only 12 had negative price moves, while the other 32 were largely positive and 7 out of them had given more than 100% profits in the last 1 year. Following is the list of those companies.
Our portfolio in the last year consisted of 14 stocks from this list and 4 of the top 7 that made more than 100% profits. Hence we were able to beat the SENSEX in returns consistently.
Having a strategy to invest only in those companies that are showing growth on their sales and profits quarter on quarter, helps the investment to have phenomenal growth over a longer period.
When the broad markets turn weak, even this portfolio will turn down, while the advantage is that the weakest among the stocks that have formed the portfolio move out and the rest of them stay put and continue their stronger run.
Some of the stocks that consisted our portfolio among the top 7 stocks were TATA ELXSI, Indo Count, Jubilant Like, Take Solutions.