Results on Diwali - 2010

Let us take this opportunity to look at how the suggested stock picks have performed..
I will also try and maintain Diwali day as day for review of stocks every year..

If hypothetically one had invested Rs10,000 in each and every recommendation (there are 16 recommendations) we would have invested 1,60,000. As of Diwali day investments would have generated absolute return of 54.35% on our investment.
- Please note this includes investment such as NILE which was recommended this Diwali itself and is just 2 days since it was recommended..
- I have included the rights issue by Camlin Fine chemicals at Rs 15 which means one has invested more than the Rs10,000 in Camlin to subscribe to buy all the stocks allotted as per rights issue..
- If one had invested Rs 50,000 each in the "Best Buy" stocks..(investment amount 1,50,000)  we would have made a slightly higher percentage  64.88%

As we can see the year to date results for the index we have beaten the Small Cap, Mid Cap and NIFTY and the top performing Bankex..
(again strictly not comparable as investment ideas were given as early as 29 may 2009 (Venky's) though most investment ideas were published starting Dec 2009)

Conclusion: Venky's has really matured as an investment which means one cannot expect Venky's to give 100% price appreciations.. 
- GAEL and Jayant Agro and a few others such as Pitti and Manugraph have started performing.. please note these all should give 100% or more so .. it would make sense to hold with a price target of 100% or more of investment price..