- Wealth PMS
Sometimes companies misbehave. Sometimes circumstances hurt them. Some other times, they are accused of dirty activities. The result, in the stock market, is one: the stock falls. A deeper look at a fall is required, at least when you are looking at stocks in the long term.
In that context, we've done a realignment in two portfolios: DivYield and EV. Exiting Indiabulls Housing Finance in the DivYield portfolio. Indiabulls Housing Finance has been a stellar dividend yielding stock in the DivYield portfolio, giving us 20% in just dividends in three years. However, something has gone horribly wrong with it . . .