Monday, April 28, 2008

Foray into equities

After listening to a talk at the at the Toastmaster's club GE , listening to Warren buffet's thoughts, and reading up some books, lectures and blogs in equity valuation and investments, I found investing in equity to be interesting and fun. The fact that I own a part of a company by buying it's shares gives me a sense of ownership. I look for value as well as growth companies which are trading at a low price. And .. finding such companies is not easy.
This is just a beginning, and lets see how it goes.

My Fund as on 28th April 2008

Company % holding Average buy price % increase (decrease)
Sasken Comm 16.87 105.73 63.47
ICSA 34.66 347.62 28.98
Compact Disc 26.48 66.41 19.03
Apollo Tyres 3.45 43.20 6.02
Ashok Leyland 1.44 36.20 10.22
Amtek Auto 5.70 286.00 1.61
NTPC 4.08 189.43 1.88
Mah & Mah 4.67 650.62 2.34
Agro Dutch Industries 2.65 33.28 4.90
Return Since Feb 08

26.07

The snapshot looks good as of today, but the returns cannot be said to have been achieved until the gains materialize

Note:The mentioned here applies to all the posts I post from now on.