Following actions are advised in below multibagger stocks.
Nahar Poly Films The latest QR result displayed 90% reduction in Net Profits which is the primary reason the stock price is down. Tha promoters are increasing the holdings & long term 5 year view looks good on the stock for growth & recovery in price. Investor can add remaining 30% in current levels.
Carysil The current economic situation impacted the latest QR results by decrease of 40% in profits. The expansion plans are intact & the company have a strong brand. Investor can add remaining 30% in current levels.
Borosil Renewables The latest QR displayed 50% reduction in net profits. The future of solar photovoltaic panels looks good as the entire world is moving towards renewable energy solutions. Investor can add remaining 30% in current levels.
Shard Cropchem The previous QR displayed 80% reduction in net profits due to Forex-Explort related issues & the current quarter shows improvement. The company is into expansions with zero-debt strategy. Promoter holdings are increasing & Peak at 74% levels. Investor can add remaining 30% in current levels.
Market Updates As per the previous update – the current market entered a moderate bear phase. The current allocation level for equity:bond is 70:30 – one can invest 70% in new stocks & 30% on bonds/FDs. Once more correction are there we will change to 100:0 levels.
Note: The more we invest good stocks in bear times – the higher will be returns during bull times. Portfolio performance matters!