THE GREED FOR MORE STOCKS....
It is human nature – to always aspire for things which are not there, not available. The lure is primarily because it is unavailable. And that is why, despite over 5000 stocks being listed on the BSE, there is always the lure for those stocks, true blue blooded stocks which are unlisted. Maybe on the bourses, amongst listed stocks, we have reached a point where valuations are stretched over the select few stocks and the rest are not so safe or sound. Thus there are only a few which hold any lure and that is like too much money chasing too few stocks.
And with nothing really lucrative to look at, a wish list came into mind – what if these stocks were listed? Its lusting after the unavailable, inaccessible. Some indulgence, some amount of fantasizing toh banta hai!
So here is a small list of companies which are the best amongst the best and it would be indeed be great to own some of these stocks in the portfolio. Maybe one day, some of these might get listed at an unaffordable price but till then…
LIFE INSURANCE CORPORATION OF INDIA
With one of the best managed portfolios in the country, having seemingly an unlimited amount of money to invest, running the most profitable insurance business in India, it is a dream company to have in one’s portfolio. It booked a gross revenue of Rs.5.60 lakh crore in FY19 and even now after the advent of private insurance companies, it holds a 70% market share.
GUJARAT CO-OPERATIVE MILK MARKETING FEDERATION
This sounds like some boring company but it is the owner of the brand Amul – now that changes the entire perspective. One of the best brands of India, Amul is a success story which is told, retold and retold. Its milk, yoghurt, cheese, butter, paneer, flavoured milk drinks, ice creams and many more products are a part of our day-to-day life today. At a time when values of life stand eroded, this is one brand which is highly respected and instills faith. Its turnover in FY19 crossed Rs.33,000 crore. Amul has been achieving a compound annual growth rate (CAGR) of more than 17.5% for the last nine years because of higher milk procurement, continuous expansion in terms of adding new markets, launching of new products and adding new milk processing capacities across the country. Its current milk processing capacity – 350 lakh litres per day!
PARLE PRODUCTS
Remember Parle-G or your Glucose biscuits. The simple biscuit which is the perfect dip with your cup of tea, earns more revenue for the company than the combined turnover of McDonalds, Dominoes, Pizaa Hut in India. That is the strength of this company. Its other brands – Krackjack, Monaco, Hide-n-Seek, Melody, Poppins are equally popular. Set up in 1929, the company is today an over US$1 billion company.
BENNETT COLEMAN & COMPANY
This is the company which owns the brand of Times of India, Economic Times, Times Now, ET Now, Femina, Maharashtra Times, Navbharat Times. It is the largest media company of India, it is closely held and owned by the Jain family. It employs over 11,000 people and revenue exceeding $1.3 billion.
TATA SONS
It is the trust company of the Tata group, owner of Tata brand name and trade mark. It hold stake in the over the 100+ listed and unlisted Tata companies. Its financials are one of the best kept secrets of India and its balance sheet is said to run into scores of pages. Its EPS is said to be higher than any company listed on the BSE.
AIRPORTS AUTHORITY OF INDIA
Popularly recognized as AAI, this PSU is the largest airport operator in the country. It is valued at anywhere between Rs.80,000 crore to Rs.1 lakh crore. AAI has 120 airports under its control of which around 85 are operational.
YASHRAJ FILMS
IBM
COGNIZANT TECHNOLOGIES INDIA
CARGILL INDIA
APPLE
MAHANADI COALFIELDS
NUCLEAR POWER CORPORATION OF INDIA
SERUM INSTITUTE
COCA-COLA INDIA
SAMSUNG INDIA
TAFE MOTORS & TRACTORS
MOTHER DAIRY
HONDA CARS INDIA
SONY INDIA