Friday, November 14, 2014

BHEL partial profit booked

BHEL gave another set of bad number. I booked partial profit in it. Sold 75% of my holding in BHEL.

Moved the proceed of the sale to

Central Bank - 25%
Unitech - 50%
Eclerx Services - 25%

Meanwhile Seamec gave its numbers today. Numbers look bad. From profit of 24 cr last quarter a loss of 10 crore this quarter. Only saving grace is there is little dry dock this quarter and YoY loss came down from 64 cr to 10 cr. I expect some correction in the share. Hope to pickup some more if price goes down.

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