
Ambareesh Baliga, fifty-three, who started his journey in Indian fairness markets with just Rs forty 000 in 1983, commenced picking multi-baggers at 19. His investments have given him a return of as much as 1400 percent.
A self-made man who loves gardening when he is not analyzing numbers from the stability sheet or backpacking for a ride at least 3-4 instances in a year.
He found out his biggest lesson about lifestyles during the Harshad Mehta crash and Ketan Parekh rip-off. Trading in equities with borrowed capital is not usually the proper preference.
Ambareesh Baliga has been regarded for his “out of the box”
Contrarian calls can create a huge quantity of wealth for traders in the end.
He has mastered the knack of standing out from the group to offer an unbiased view of the markets. Although he has most of his investments in large caps, his heart lies with the mid-caps, small caps, and micro-caps.
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Baliga has wealthy market for over 25 years and has worked with brilliant agencies, including Kotak, Karvy, and Edelweiss, in the past.
His first investment changed into an IPO where he was allocated one hundred shares of Kinetic Honda, which were issued at par Rs. 10/-; however opened for buying and selling at Rs. 150/- (which translates into a return of 1400%).
The first profitable multi-bagger investment with the aid of Baliga was in Praj Industries at around Rs. 5, which gave him over 400x return.
His few multi-baggers stock selections encompass names like Financial Technologies at Rs. 12 which gave me over 100x, Bharti Airtel at Rs. 25 which gave me 30x and lots of greater, Himatsingka Seide which back nearly 10x, Nelcast 10x, HEG 3x, Edelweiss 5x, Action Construction 5x, Ashok Leyland 3x to call some.
He also has a small portfolio of microcaps, which gave him stupendous returns, including Kisan Molding and Axtel industries that I actually have now exited. However, he has also eroded wealth with a few awful picks, including Koutons, Deccan Chronicle, and others.
Here are excerpts of his one-of-a-kind interview with Kshitij Anand of Moneycontrol:
When did the love affair with equities begin?
I was given an interest in shares once I entered school you considering that our Economics instructor might discuss the stock markets. I began investing in 1983 when I was about 19 years old.
My grandfather had bequeathed a fixed deposit of Rs. 40,000, which I slowly started investing in equities. Several stocks changed into a gold mine the one’s days as IPO charges became controlled. Thus, if you were lucky, you might get a multi-bagger.
For instance, I became lucky to be allocated a hundred stocks of Kinetic Honda, which was issued at par Rs. 10/-; however, it opened for buying and selling at Rs. A hundred and fifty/- (which translates into a return of 1400%).
At a few factors or the alternative, stock, I had some of the modern blue chips in my portfolio picker’s
IPO stocks – Hero Motocorp, Eicher Mitsubishi, Ind-Suzuki (TVS Suzuki), Swaraj Mazda, Guj Ambuja Cement, Kotak Mahindra Finance, and many more.
I had several multi-baggers at some point in my over three decades of investment experience, but what’s most essential is the placement size.
The first worthwhile multi-bagger investment of mine changed into in Praj Industries at around Rs. 5, where I wanted to select up a percent stake, but the stock flared up by means of them.
However, my investment turned into plenty higher than my in advance positions, and this stock gave me a 400x return.











