Category: Stock Market

  • 4 years as shareholder of Greenply Industries

    4 years as shareholder of Greenply Industries

    4 years ago I invested in Greenply Industries after my thorough research (and I can’t remember what that research was). Over these 4 years I invested only two times. The result were underwhelming until Greenply spun off the medium density fibreboard (MDF) business into Greenpanel Industries and gave me Greenpanel shares in the ratio 1:1. Last one year of rise is all thanks to Greenpanel’s share price rally.

    Return

    The sharp uptick in Oct 2019 is due to me getting Greenpanel shares in 1:1 ratio.

    Profit

    After Jun 2018, I was able to see the worth of my investment in green only after Jan 2021.

    XIRR

    I think there is some problem with my XIRR formula, seems like if the worth of my investment goes down below a certain mark the XIRR simply calculates to zero.

    Update 5-Apr-2021: I was able to figure out the problem with my XIRR and fix it.

  • 4 years as shareholder of IDFC First Bank

    4 years as shareholder of IDFC First Bank

    4 years ago I invested in IDFC First Bank after my thorough research (raj_king on MoneyControl.com forum told that IDFC Bank will become the next HDFC Bank. I am now hoping that HDFC Bank will rename itself to HDFC First Bank).

    Over these 4 years I invested only three times. For the majority of time, the worth of my investment has been less than the amount invested. It is only from Jan 2021 I have seen profit. And I don’t know how long will that sustain.

    Return

    Profit

    XIRR