Hey All,
I guess its a good time to jump into the Stock Market 101 series post and talk about my recent profit booking from stock which goes by the name INFOSYS Ltd; ticker:: INFOSYS. Its not for the first time that I have been booking profits, I have done a couple of post in the past where I shared and talked about the profits that I made from those stocks. Here are a couple of refrences::
- Stock Market 101:: Started Booking Profit Lemon Tree Hotels Ltd; ticker:: LEMONTREE
- Stock Market 101:: Booked Profit - Stock - Paradeep Phosphates Ltd...
- Stock Market 101:: Booked Profit - Stock - Exide Industries Ltd...
- Stock Market 101:: Booked Profit - Stock - Jubilant FoodWorks Limited...
So overall profit booking is part of my investment strategy. Where I take those profits and invest in stocks where I am making losses and try to dollar cost average on them. Without having to pump in extra investment or fiat. The same lies true in this post where I decided to book profits for my investment in "INFOSYS" stock. Seeing financial markets tumbling down I thought it would be wise to book a decent profit here and then at later point in time re-enter.
Here is the snapshot that I have taken from my stock broker app Sharekhan where it clearly shows my total investment was Rs. 28K+ here, I had 17 shares of "INFOSYS" making my average price of share to be around Rs. 1967+ and then I sold all the shares for Rs. 33.4K+ and making a decent profit of around Rs.5K+ not bad at all. I had intentions to #hodl the stock for long term but then seeing the profit being eroded everyday I took this decision to sell "INFOSYS" and book the profit. As I said that I may reconsider buying the stock so lets see how the markets behaves in coming days and if it further falls from the current levels then definitely its buy for me.
My main reason to buying this stock was tied to the dividend payouts. INFOSYS has been maintaining a healthy dividend payout of 63.3% and now would regret not receiving these dividends regularly. Also at the same time the company has a good return on equity (ROE) track record. The 3 Years ROE is above 30% which is not that bad either. In all a very good stock to have in your portfolio. I will miss you INFOSYS for time being but lets see how things pan out in near future and a fall from here i.e. below Rs.1800/- level I look forward to start accumulating INFOSYS...Well that should be it for todays post on the Stock Market 101:: Booked Profits INFOSYS Ltd; ticker:: INFOSYS - My Strategy Ahead... with real time examples. I will be sharing more of these examples and insights in the upcoming posts to help you navigate the market more confidently. Stay tuned for more tips on making informed decisions and maximizing your returns.. Happy Investing... cheers
Stock Market 101:: Booked Profits INFOSYS Ltd; ticker:: INFOSYS - My Strategy Ahead...
#stock #stockmarket #nse #bse #infosys #itstock #infy #investment #finance #strategy #sensex #indiastockmarket
Have Your Say On INFOSYS Ltd; ticker:: INFOSYS
Do you invest in India Stock Markets? What are the different criteria you look into before picking a quality stock? Are you invested in the Stock Market INFOSYS Ltd; ticker:: INFOSYS... Short term Vs Long Term? Please let me know your views in the comment section below...cheers
Image Credits:: screener, pro canva, sharekhan, zerodha
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Blockchain, Stocks & Cryptos and have been investing in many emerging projects.
Congratulations on booking a decent profit from your INFOSYS investment. It's great to see you sharing your investment strategy and experiences with others.
Thanks. I am glad you liked the post..stay tuned more to come on the Stock Market 101 Series...cheers
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that's a cool looking chart.
India stock market, huh? i have to check it out.. 😉😎🤙
I am currently studying the Market and readying my finances for investment