What Mukul Agrawal bought & sold during June 2022 quarter

Seasoned investor Mukul Agrawal was busy rejigging his portfolio in the June quarter as he added at least four new stocks to his portfolio, and increased his stake in another one.

On the other hand, he trimmed his holdings in a few underperformers, while he likely exited one counter.

Among new additions, Mukul Agrawal's name was seen on GM Breweries' key shareholder list. He held 2,56,971 shares or a 1.41 per cent stake in the company by the end of the latest quarter, worth Rs 14.7 crore.

Listed companies are obliged to release the list of key shareholders who hold one per cent stake or more in the company on a quarterly basis as per Sebi norms.

Agrawal also bought fresh stocks worth Rs 31.6 crore in Mumbai-based Pix Transmission. He held 370,000 equity shares or a 2.72 per cent stake in the rubber company as of June 30, 2022. It was part of his portfolio in the September 2019 quarter as well.

Agrawal is also a shareholder in the recently-listed Ethos, where he held 9,24,121 shares or a 3.96 per cent stake. His portfolio includes CL Educated, too, as he held 1.14 per cent or 3,21,203 shares of the company at the end of the June 2022 quarter.

He increased his stake in Delta Corp as he added 2,00,000 shares of the casino player during the recently-concluded quarter to own 32,00,000 equity shares or a 1.2 per cent stake.

Interestingly, Rakesh Jhunjhunwala signalled an exit from the company during the same period as his holding slipped below 1 per cent.

Agrawal likely exited Allcargo Logistics, where he was holding 33,00,000 equity shares or a 1.34 per cent stake in the company as of March 31, 2022. His name did not appear on the key shareholders' list for the first quarter of the ongoing fiscal.

Agrawal also sold about 2.22 lakh shares of Indian Metals & Ferro Alloys as his holding declined to 1.44 per cent from 1.85 per cent during the April-June 2022 period while he sold more than one lakh shares of J Kumar Infraprojects.

The marquee investor booked profit in Arman Financial Services as he sold 25,000 shares of the company during the first quarter of FY23 to bring his stake down to 4.76 per cent from 5.06 per cent earlier.

He sold more than 18,000 shares of Vardhaman steels to cut his stake to 1.23 per cent from 1.28 per cent, while offloading about 15,000 shares of KDDL to hold a 3.32 per cent stake in the company as of June 30, 2022.

He marginally trimmed his stake in companies like PDS, Sarda Energy & Minerals, Intellect Design, InfoBeans Technologies, Jet Freight Logistics and Parag Milk Foods as he sold 9,000-35,000 equity shares of these companies in Q1FY23.

However, his holding remained unchanged in LT Foods, Gati, Goldiam International, Kingfa Science, Neuland Labs, Radico Khaitan, JTEKT India, Ion Exchange, Apollo Pipers, Dhabriya Polywood, TAAL Enterprises, Zota Healthcare, Shankara Building Products, Newgen Software, MTAR Technologies, Hindware Home, EKI Energy and Paras Defence.

According to the data from Trendlyne, Mukul Agrawal publicly holds 54 stocks with a net worth close to Rs 2,373 crore as per the latest corporate shareholdings filed so far.

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