Ace investor Mukul Agrawal raises stake in this small cap, trims in this multibagger

Ace Investor Mukul Agrawal has raised his stake in Capacit’e Infraprojects from 1.91% or 13 lakh shares to 4.33% or 29.38 lakh shares as on the quarter ended June 30, according to the BSE shareholding data.

He has raised his stake by 2.4% over the March quarter, the data on shareholding pattern suggested. The value of his stake now stands at Rs 64.2 crore according to Trendlyne.

He also decreased his holdings in Surya Roshni by 0.2% in the June quarter, bringing it down to 1.8% or 10 lakh shares from 2% in March quarter, the Trendlyne data said. The value of his holdings are worth Rs 78.8 crore.

As per the latest corporate shareholdings filed, Mukul Agrawal publicly holds 59 stocks with a net worth of over Rs. 3,469.5 crore. These are shares held by Mukul Agrawal as per the shareholding data filed with the exchanges. Filling is awaited in other stocks as per Trendlyne.

Capacit’e Infraprojects is a Mumbai-based construction company which develops high rise and super high rise apartments, retail and commercial complexes and gated communities among other things. Meanwhile, Surya Roshni is an Indian multinational company headquartered in Delhi that produces fans, steel, lighting, LED, kitchen appliances and PVC pipes.

Capacit’e Infraprojects has given returns of over 80% in the last 12 months and outperformed the Nifty which has given near 20% returns during this time. However, the stock has been relatively volatile and traded with a 1-year beta of 1.07. The small cap counter has a market capitalisation of Rs 1,483.76 crore.

Meanwhile, Surya Roshni has been a multibagger stock and has given 106% returns over a period of 1 year. It has been low on volatility and traded with a beta of 0.57, according to Trendlyne. Among other stocks where Agrawal holds stakes include Ceat, Allcargo Logistics, LT Foods, Delta Corp, Dish TV, Gati, Indo Count Industries, Radico Khaitan, Raymond and Intellect Design Arena.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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