The brokerage firm said: “Within the medium capital area, we have monitored the discretionary consumer sector based on the higher relative strength rating, so we can get a higher beta version.” The highest wallet weight is allocated Voltas With a weight of 26.1% or 4 shares. Currently, the stock is trading at 909 rupees a share after rising 64% in the past six months.
This is followed by a 20.2% allocation to Crompton Graves. This allocation translates into 7 equity shares of the company. Crompton Greaves shares have jumped 61% in the past six months and have more than doubled since the sell-off in March 2020 and are now trading at 395 rupees a share. ICICI Direct added as well V-Guard Industries To the portfolio with a weight of 18.9%, that is, 12 shares of stock. V-Guard has already been up 15% since the start of this year and in the past six months it has gained more than 25%.
symphony It is another stock in the MCC portfolio with a weight of 15.7%. Currently, the stock is trading at Rs 1,097 a share, after jumping more than 33% since the start of December last year. The final addition to the average capital portfolio is Bajaj Electric By allocating 19.2%, which is approximately 4 shares for the company. The stock is trading at Rs 707 a share, after jumping 79% in the past six months.
According to ICICI Direct, the allocation of investment towards this portfolio should be around Rs 13,363, compared Nifty 500 index. The brokerage firm has classified this portfolio as a high risk medium term portfolio. Potential returns range from 8% to 15%.