Some of our stock picks have generated a good 50-60 per cent in the last 1 year. Take a look how we got it right.
We had strongly suggested buying Coromandel international at the 52-week low price of Rs 152, in Sept 2015.
The suggestion was based on recovery in demand for complex fertilizers at under priced valuations. The stock is currently trading at Rs 247, giving whopping returns of more than 60 per cent in just 10 months.
In June 2015, we suggested buying the stock of JSW steel at Rs 861 as we felt the economy is likely to see an improved performance in the coming years on account of an uptick in demand due to economic recovery. We also felt that the stock at Rs 861, was highly undervalued. JSW Steel in one year down the line is trading at Rs 1414, a jump of 60% from our suggested levels.
In Sept 2015, we gave 5 reasons to pick the Tata Motors stock at Rs 301. Today, the stock is trading at Rs 460.
In 9-months it has generated returns of more than 50 per cent for our readers. From here we do not see too much of an upside in the short term.
In Feb 2015, just 4 months ago, we suggested buying Karnataka Bank at Rs 90. Today the stock is trading at Rs 135, again giving 50 per cent returns in just 4-months.
We felt the stock was a cheap play in terms of p/e and also gave a dividend yield of near 6%.
In March we recommended buying the stock of Federal Bank at Rs 43. The stock is trading at Rs 58, a near 40 per cent gain from current levels.
Again our belief was based on a near 52-week low level price and the possibility of a rebound in some quality private sector banking names.
We recommended buying the stock of State Bank of India at Rs 148, ahead of the Union Budget 2016 in Feb. We believed that at some stage there would be a sharp recovery in NPAs. The stock has rallied to Rs 210, giving near 40 per cent returns to investors.
In Feb we had recommended buying NCC citing better prospects for the company from a surge in infrastructure development.
The stock has rallied to nearly Rs 80, from Rs 60, giving good returns for investors.
We had suggested buying Deepak Fertelizers last year at the same time in June. Our belief was that the stock was under priced in terms of price to book and has consistently been paying good dividends. The stock has jumped from Rs 121, to Rs 157, a good return of 25%.