As mentioned in earlier blog posts also, we have been seller of many of our stocks like Adani enterprise, Rain industries (Which now is multi bagger, though we have small holding left and will be initiating sell soon), Westlife development etc. (Mostly small and Mid-caps) and buyers of Reliance, Tata motors, Jubilant food works and Adlabs entertainment.
So for last one month markets are flirting at 9000 level to 9300 level and we are booking profits bit by bit.
We have booked some profits in Adani , Rain , Westlife ,Escorts , Dewan housing etc and sitting on 15 % cash as of now. Some of the profits booked from small and mid cap like associated alcohol etc are plowed back into Reliance and Tata Motors.
So, it’s tough times as — “I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy. –Warren Buffett”
Jubilant food works is the master franchisee of Domino’s in India
Business- Selling world best pizzas to the second largest populated country.
It’s one of the Best business at the right time and right place, Dominos have now more than 1000 outlets in India. Selling millions of Pizzas daily. One of the key USP of dominos is it covers a large area by making more business in delivering the pizzas then selling in their joints.It helps them to cover a very wide area.