Equity Stock Picking Magic
Gaurav has consolidated his reputation for Independent Thinking, contrarian play and astute stock selection over the past 30 years. He is equally well known for his ability to correctly call micro and macro turnarounds and keep spotting great life changing magical Multibaggers his biggest ones being 100 baggers like Wipro, Mercator and Matrix Labs in the late 1990s &2000s and Westlife Development and Tata Elxsi, in the latter part of the millennium.
He is also known in the market for His exceptional long calls in 2005-06 on Oil and Gold, for his timely warning and contrarion sell calls on Stocks that Strangle like Karuturi, Kingfisher Airlines, Arshiya, Subex, Geodesic, Cranes Software, Kwality, JBF to mention a few.
Gaurav’s scrip recommendations and his model portfolios were much sought after especially after 1992 when his portfolio registered significant absolute return of over 90%, despite a falling Sensex and a major scam.
In the mid 1990’s he warned Investors not to be suckered by the IPO Craze and the Obscene Premiums.
In 1997 when he visualised a tech wave unleashing, few believed him. Wipro was his big Multibagger advised in late 1997. It returned a Life Changing Return of a mindboggling 38700% in just three years!
However, his faith in the Damania Group of Companies did cause heartache and heartburn! but he put this behind him with wonderful picks in Matrix Labs & Mercator.
In late 1999 and early 2000, being a teacher on Valuation of Equity, Gaurav kept calling attention to the crazy ICE (Information Technology, Communication, Entertainment) valuations… as he put it “Doodh“ was at Rs 40/litre and even if a Swiss Cow was giving it you should not be buying, but selling as Doodh at the time was just Rs 20 a litre…. again few believed him and a few top mutual fund heads & leading brokers even challenged him vociferously on Panels !… The ICE Age just thawed and melted away portfolios in 2000 and 2001.
However, in late 2001 he urged intensely through several workshops for investment in equity, when as he liked to put it, “Doodh“ was available at Rs 5/litre and We yet kept saying “Doodh main kuch kala hain”. The spectacular run that followed further consolidated his reputation for contrarian play and astute stock selection.
He then uncovered hidden stock gems waiting to be discovered that went on to be more than 100x baggers.
Matrix Labs advised in July 2001 gave a 12000+% return in five years! He kept analysing this at his BSE Training Workshops prompting an ex GM of BSE, who had benefited from this advice, to hail him as such at one of BSE’s annual outstation Weekend for all Top Faculty when asking for specific Buys during one of the Sessions” Mandir may aa kay prasad ne miley, yeh hoh hee nahi sakta!”
Mercator given in July 2003 gave over 10000 % returns in under 5 years!
Gaurav did have some heartache too with some selections and will not hesitate to tell you these mistakes and how he tackled these.
2008 was a Serious and Severe Reality Check when the US Investment Bank Lehman failed. In late 2008 and early 2009 Gaurav saw some striking similarities to late 2001 and a chance to capture alpha returns (superior and above normal) in the next three years. Although there was some more pain before the gain as the Financial Earthquakes, with their epicentre in USA shook the Global World and geopolitical matters played spoilers. For example, highly recommended at Rs 160 in July 2008 the high profile, debt free, high earnings Sesa Goa sunk to Rs 60, at earnings and book multiples below 2 and 1 respectively! before it surged to Rs 400+ inside eighteen months.
Gaurav has consolidated his reputation as one of India’s best Stock Pickers and Trainers and his Stock Selections Portfolios consistently registered strong alpha returns barring an aberration year or two
This led to recognition in very endearing testimonials as well as being quoted in the Media
He leads from the front having personally obtained the NISM Certifications & scoring high in Research Analyst & Investment Adviser Examinations and obtaining the mandatory SEBI Registrations for Research Analyst and Investment Adviser for the company.
Media & Social Media Presence
A prolific blogger on matters even other than on Equity, Gaurav has developed a fan base for his www.gauravblog.com where he expresses on matters even other than on Corporate Governance Issues and Financial & Capital Markets. He’s on LinkedIn, Twitter & Facebook too.
He prefers to stay away from ‘Noise’ though has appeared a few times in the past few years on ET Now and other channels and has been quoted in leading business publications like Outlook Business and Economic Times when they sought his views on contemporary issues like the Tata Chemicals Fertiliser Business Valuation, Essar Oil delisting price controversy & the lack of Corporate Governance in Sun Pharma. In fact, there is no TV in his office at Horniman Circle, Fort in Mumbai!