Superstar Investor Alert: Mukul Agrawal added four portfolio cos, topped up bets on six firms last quarter

Ace stock market investor Mukul Agrawal added four companies to his personal portfolio and bought additional shares of at least six companies during the quarter ended June 30, 2021, according to shareholding disclosures.

The man behind Param Capital picked up shares of Newgen Software Technologies and carbon credit developer and supplier EKI Energy Services as fresh companies. He also returned to invest in J Kumar Infraprojects and Indian Metals & Ferro Alloys after likely exiting those companies in the stock market correction earlier this year. Agrawal had sold shares of J Kumar Infraprojects late last year but picked the stock again last quarter and owned a 2.8% stake as of June 30. In Indian Metals & Ferro Alloys he had been holding a 1.9% stake for several quarters but probably sold its shares early this year only to pick it again in the three months ended June.

Meanwhile, he also increased his stake in half a dozen companies, all in the small cap space. These include Dishman Carbogen Amcis, a manufacturer of active ingredients for the pharmaceutical industry; and Kingfa Science & Technology, a manufacturer and supplier of modified plastics used in automotive and consumer products. The other companies are air charted services firm TAAL Enterprises, building solutions company Sahyadri Industries, water management firm Ion Exchange (India), and luxury watch retailer KDDL.

Agrawal trimmed his holding in at least nine companies. These were Intellect Design Arena, Gati, Sequent Scientific, MSTC, BEML, Parag Milk Foods, Navkar Corporation, InfoBeans Technologies and Marksans Pharma.
Moreover, in four companies he either exited completely or brought down its holding to less than 1%. These were Fairfax-backed travel tourism firm Thomas Cook (India), sanitaryware maker HSIL, liquor company RadicoKhaitan and IT firm Birlasoft.

In addition, Agrawal stayed put with nearly two dozen existing portfolio companies. This set includes names like Mastek, Religare Enterprises, Apollo Pipes, Indo Count Industries, Tasty Bite Eatables, Greaves Cotton, Delta Corp, Eveready Industries, Neuland Laboratories, Somany Home Innovation and LT Foods.

He also decided to maintain his stake in JTEKT India, Arman Financial Services, Sirca Paints, Stylam Industries, Dynamatic Technologies, GM Breweries, Kamdhenu, Vardhman Special Steels, Repro India, DhabriyaPolywood, Sunshield Chemicals and MITCON Consultancy & Engineering Services.

In total, Agrawal held a stake in at least 42 companies worth about Rs 1,650 crore ($222 million).His overall portfolio is likely to be higher as in some companies he may be holding under 1% stake. Moreover, two companies in which held shares as of March 2021—ThejoEngineering and Jet Freight Logistics—areyet to disclose their latest shareholding pattern.
Typically, he holds a 1-3% stake in listed companies though he has some firms—DhabriyaPolywood, TAAL Enterprises, MITCON Consultancy & Engineering Services, InfoBeans Technologies, Arman Financial Services and Gati—wherehe owned 5-10% stake as of June 30.