Narrowing down on Fundamental Scrips.
1.Kansai Nerolac 367.1
2.Havells India 415.75
3.Mindtree 551.25
4.Finolex Cables 435.2
5.Apollo Tyres 170.8
6.HCL Technologies 772.25
7.KPIT Tech. 133.9
8. Persistent Sys 644.45
9.Pidilite Inds. 705.9
10.Tech Mahindra 466.35
Ok...guys
We are starting our journey into long term wealth building. (I mean very long term journey
)
Scrip list is given above.
How many shares to buy.
Divide Rs.1000 by each share price. you will get number of shares to be bought.
For example. KPIT Tech current price 133.9
1000/133.9 = 7.4 which rounded off to 7
So, you have to buy 7 shares.
PS :- you have to buy atleast 2 shares even if above calculation does not produce that much. For ex. pidilite gives less than 1 share. So, you have to buy atleast 2 shares.
Take entire of next week to buy them. No hurry in buying them as we are not competing with any one. But by the end of next week we should be holding entire portfolio.
It won't cost you more than Rs.13000 in total.
After buying, please make a portfolio in moneycontrol.com and keep it ready.