Welcome to QRC Investment Advisors- we offer investment services
Dear Investor, Trust you are well. Market Update FY24 was a year of strong performance for the stock markets in India and globally with several reaching their all-time high levels. Indian markets experienced a broad-based rally especially with some of the ‘forgotten’ sectors like PSU, capital goods and the more cyclical sections of the market
Read MoreDear Investor, Trust you are well. Portfolio Update During the period from April to September 2023, we have completely divested our investment in Cera Sanitaryware which was trading at ~50x PE. Our decision to exit was driven by our concern that the markets were extrapolating the recent good performance on margins, growth, and
Read MoreDear Investor, We hope this letter finds you well. Market & Performance Update January to March ‘23 was a tough period for the markets. The major developments in the Indian markets were the Hindenburg report on the Adani group and ensuing deep correction in the group’s stocks. Globally, the liquidity challenges on Silicon Valley and
Read MoreDear Investor, We hope this letter finds you and your loved ones safe and well. It is indeed a relief to hopefully see the end of the pandemic. One of the characteristics of stocks that we buy in the portfolio is what we internally call ‘Quality in a Spot of Bother’ (SoB). These are companies
Read MoreDear Investor, We hope this letter finds you and your loved ones safe and healthy as we are once again grappling with another (but hopefully the last) major covid wave. Suprajit Engineering Limited (SEL) is one of our larger holdings in the portfolio and one which have now owned for over 3 years. SEL has
Read MoreDear Investor, We hope this letter finds you and your loved ones safe and healthy. Investing at Lifetime Highs Marico is one of our largest holdings and 2021 marks its 25th year as a listed company. We want to use Marico as an example to highlight the power of long-term investing in a high-quality business
Read MoreDear Investor, We hope this letter finds you and your loved ones safe and healthy. Conservative Does Not Mean Low Returns Off late some people have asked us if we are being too conservative in our investment approach. So, we thought we would use this opportunity to put things in perspective. The way we see
Read MoreDear Investor, We hope this letter finds you and your loved ones safe and healthy. Performance Update For the 2nd Half of FY21 (October 202 to March 2021), the QRC Long Term Opportunities Portfolio (LTOP) was up ~25% on top of the ~26% return delivered in the April to September 2020 period. Consistent and strong
Read MoreDear Investor, We hope this letter finds you and your loved ones safe and healthy. We have witnessed one of the steepest falls and the fastest recovery in the history of global equity markets in these past few months. This time last year, we were looking at the Indian economy on the cusp of a
Read MoreDear Investor, First and foremost, we hope this letter finds you and your loved ones healthy and well. During the last six months, we have gone from an economy which was just starting to get back on its feet to one that will most likely have no growth or perhaps even de-grow given the
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