A Product By

Contra Bets

Contra Bets - This Basket will Yield Capital Appreciation and Dividends

When the third richest person in the world- Mr Warren Buffett has made money on this philosophy ‘Be Greedy When Others are Fearful’, we should pay heed to it. Investors have been fearful in taking exposure in automobile, pharmaceutical and PSU sector and their stock prices have corrected brutally. Most of these stocks are trading below their ten year average price/earnings multiple. We have constructed this portfolio as the valuations are cheap and the stocks are offering good dividend yield.

Why Should you Invest in this Portfolio...

Financials have broadly Underperformed Nifty Since Beginning of Pandemic. It’s Time for their Come-Back!

Nifty Bank index has underperformed Nifty by 25% since beginning of the pandemic till April 2022. This is set to reverse going ahead as bank’s are seeing improvement in asset quality, pick-up in credit growth & bigger banks are adequately provisioned and well capitalized to ride this wave of economic recovery.

Source: ACE Equity

Auto’s & Auto Ancillary Comprising 50% of Manufacturing Gross-Domestic Product of our Country has Underperformed Nifty

Chip shortages & rural slowdown has led to auto stock prices getting impacted with the Nifty auto index having underperformed by 15% since beginning of pandemic. Gradual shift to electric vehicles (EVs) has opened a plethora of opportunities for auto players and they can significantly benefit from this megatrend going ahead. With India being an exporter to the world, auto companies stock can see a swift recovery going ahead.

Source: ACE Equity

Nifty PSU Index- Good Dividend Yield + Limited Downside + Privatization Theme to Help PSU Stocks

Nifty PSU Index is quoting at a price/earnings ratio of 6.3 times, price/book of 1.5 times and a dividend yield of 6.6% as of April 2022. This makes investing in stocks of this index extremely lucrative! Given the government focus on privatization, this theme can perform well in the longer run.

Particulars Valuation Ratios of Nifty PSE Index (in %)
Price/Earnings 6.3
Price/Book 1.5
Dividend Yield 6.6
Source: ACE Equity

Stocks Exited from this Basket

Stocks Exited Gains/Losses (in %)
Balkrishna Industries 242
Divis Laboratories 202
SAIL Ltd 190
Ajanta Pharma 135
Bharti Airtel 102
Cipla 90
Pfizer Ltd 62
Oil India 49
Gabriel Ltd 41
Glenmark Pharma 35
Aurobindo Pharma 13
Coal India -18
Scrip name Scrip Allocation

About Prudent Broking Services Pvt Ltd

Incorporated in 2004, Prudent Broking Services Pvt. Ltd is a Stock Broking and Depository Participant service provider. Company is a member with Bombay Stock Exchange(BSE), National Stock Exchange(NSE), Metropolitan Stock Exchange (MSEI), Multi Commodity Exchange of India Ltd. (MCX) and National Commodity & Derivatives Exchange Limited (NCDEX) & Central Depository Services(India) Limited(CDSL).

Contact Us
(079) 61600900/40209600/
  • Address:
    401, Sears Tower, Off C G Road,
    Gulbai Tekra, Ambawadi,
    Ahmedabad - 380006,
    Gujarat, India
  • Compliance Officer:
    Mr. Nileshkumar Panchal infobroking@prudentcorporate.com
Circular from Exchange :   "Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day.......... Issued in the interest of Investors"    |  Circular from CDSL :        "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day.......... Issued in the interest of Investors"    |  "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    |  No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.    |  Company does not offer any scheme for any assured returns. In case, any such scheme offered by any of employee or other Authorized Person of the company, the same should not be accepted and no investment in such scheme to be made. In case of any such scheme offered by any person, kindly contact compliance team of the company on (+91) (79) 40029600, 40209600, 61600900. In case any investment made in such scheme, company will not be responsible for any claims or grievances for any loss on account of relying on the said scheme. New Registered Address :  401, Sears Tower, Off C G Road, Gulbai Tekra, Ambawadi, Ahmedabad 380006 Contact Details : 079 - 61600900, 40209600, 61560900   | As per merger/amalgamation approved by Regional Director (NWR), MCA vide order dated 03/05/2018, our commodity membership is going to be transferred to Prudent Broking Services P. Ltd. (holding co.). We shall continue to be responsible for all our actions done for and/or on behalf of our clients or on our own behalf, in our erstwhile name/entity and shall be bound by the Rules, Bye-Laws and Regulations of the Exchange in respect of all our such actions and representations as if the same were and are done by us in our present name and style.