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Stock name for long term investment

Discussion in 'Technical Analysis' started by tuhinbal, Sep 16, 2017.

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  1. tuhinbal

    tuhinbal Member

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    Hi,

    I've just joined today in forum but in the market for more than 1.5 years.Want to build a long term portfolio of good return.Heard about below stocks :-
    1. Mahindra CIE Automotive Ltd
    2. KCP
    3. Kesoram
    4. Gravita India
    5. LIC Housing finance
    6. L&T Finance Holdings Ltd
    7. Himadri Speciality Chemical Ltd (battery maker for electric vehicle)
    Are they good for long term holding?Also want to do SIP in stocks.Please suggest.
     
    tuhinbal, Sep 16, 2017
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  2. akhtar80

    akhtar80 Responder

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    1. Kesoram - making losses in downtrend and shareholding is less than 50%
    2. Gravita India - High Debt but definitely in Uptrend, given excellent returns in the last one year (for positional or short term definitely yes)
    3. Himadri Speciality Chemical Ltd (battery maker for electric vehicle) - (good stock and should be definitely keenly watched.
    Regarding other stocks, I don't have any idea. Also, I would like Shabbir Bhai to see I have made my observations correct.



     
    akhtar80, Sep 16, 2017
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  3. shabbir

    shabbir Administrator Staff Member

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    Mahindra CIE Automotive Ltd - Not able to perform consistently. Loss making in Mar 2009 Mar 2010 and then again from Mar 2013 to Mar 201. Should do the detail analysis of such loss making before getting investing in it.

    KCP - Yet another sugar manufacturer and it is more of a cyclical play and should be invested if you track the sugar sector. I don't.

    LIC and L&T housing finance - Housing finance as a sector is an avoid for me as of now due to valuations.

    Himadri Speciality Chemical Ltd - They don't make batteries but their product is used in Li-Ion batteries (as per their website) and so can you share how do you know they are battery mater for EVs
     
    shabbir, Sep 16, 2017
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  4. shabbir

    shabbir Administrator Staff Member

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    And BTW welcome to the forum as well.
     
    shabbir, Sep 16, 2017
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  5. tuhinbal

    tuhinbal Member

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    Thanks Akhtar for your valuable reply.
     
    tuhinbal, Sep 16, 2017
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  6. tuhinbal

    tuhinbal Member

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    Thanks shabbir for your advice.Regarding himachal chemical may be I am working as I heard from some journal. Also heard that good candidate for field related to electrical vechicle as BJP govt is keen to promote electric vehicle to avoid pollution and other factors.
     
    tuhinbal, Sep 16, 2017
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  7. tuhinbal

    tuhinbal Member

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    Can you also suggest some good candidates for long term ?
     
    tuhinbal, Sep 16, 2017
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  8. bnnarayana

    bnnarayana Contributor

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    bnnarayana, Sep 16, 2017
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  9. bnnarayana

    bnnarayana Contributor

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    bnnarayana, Sep 16, 2017
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    akhtar80 and tuhinbal like this.
  10. shabbir

    shabbir Administrator Staff Member

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    @bnnarayana, Gravita isn't a loss making company and can you share how do you get to that conclusion. I think you are seeing something different or may be reading some numbers differently.
     
    shabbir, Sep 18, 2017
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  11. shabbir

    shabbir Administrator Staff Member

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    Yes and that is the reason I have invested in Amara Raja Batteries.
    I don't suggest stocks but whatever I invest, I do it openly with contract notes https://www.diytechnicalanalysis.com/community/forums/portfolio/

    Don't need to be investing in the sae stocks but use similar investment strategy if it is something that suits you.
     
    shabbir, Sep 18, 2017
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