Mukul Agrawal Portfolio Update: A Deep Dive into the Veteran Investor’s Holdings
Veteran investor Mukul Agrawal has added 10 new companies listed on Dalal Street to his widely-tracked portfolio. As per data from analytics firm Trendlyne, Agrawal publicly holds 71 stocks with a net worth of over Rs 7,498.5 crore. This move has sparked interest among Indian investors, who are keen to understand the investment strategies of seasoned investors like Agrawal.
New Additions to the Portfolio
Agrawal has added companies like IFB Industries Ltd. and Protean eGov Technologies Ltd. to his kitty, as per the September quarter shareholding data. Other fresh entries included Kilitch Drugs Ltd., NR Agarwal Industries Ltd., Solarium Green Energy Ltd., Unified Data Tech Solutions Ltd., and Zelio EMobility Ltd.
Increased Holdings in ASM Technologies
Agrawal also increased his stake in ASM Technologies Ltd., with his equity holding rising to 10.7% from 6.5% in June. The value at the current market price is over Rs 500 crore. This move indicates Agrawal’s confidence in the company’s growth prospects, which provides engineering services, product R&D, and consulting, and is an equipment manufacturer.
Top Holdings in the Portfolio
As of September, Agrawal’s top five holdings were Neuland Laboratories with a holding value of over Rs 600 crore, ASM Technologies, Radico Khaitan Ltd at over Rs 400 crore, Zota Healthcare Ltd at nearly Rs 400 crore, and Nuvama Wealth at nearly Rs 370 crore.
Decline in Shareholding
On the other hand, Agrawal’s shareholding declined marginally in small-cap companies like Sirca Paints Ltd., PDS Ltd., Stanley Lifestyles Ltd and Oriental Rail Infrastructure Ltd.
Moreover, Trendlyne data shows his stake has dipped below 1% in Sula Vineyards Ltd and BSE Ltd. It remains unclear whether he has completely exited these stocks or if his stake has merely dropped below the disclosure threshold.
Investment Strategies for Indian Investors
Indian investors can learn from Agrawal’s investment strategies, which include diversifying his portfolio across various sectors and companies. By adding new companies to his portfolio, Agrawal is indicating his confidence in the growth prospects of these companies. Investors can also consider long-term investment strategies and value investing to create wealth in the stock market.
Conclusion
In conclusion, Mukul Agrawal’s portfolio update provides valuable insights for Indian investors. By analyzing his investment strategies and portfolio holdings, investors can gain a better understanding of the stock market and make informed investment decisions. As the stock market continues to evolve, it is essential for investors to stay updated with the latest news and trends, and to consider diversification strategies to minimize risk and maximize returns.
