Madhusudan Kela is a well-known investor and fund manager in the Indian stock market. Renowned for his sharp investment strategies and market insight, he has built a successful career spotting undervalued stocks, inspiring many investors. As of FY25, he has stakes in 12 companies with a net worth of over Rs 2,269.6 crore.
Listed below are the stocks in which Madhusudan Kela made fresh investments in Q3 FY25
Waaree Energies Ltd
Waaree Energies Ltd is India’s largest solar PV module manufacturer with approximately 15 GW of manufacturing capacity. The company operates across all the states in India and is also engaged in producing semi-flexible solar panels for global customers. As of Q3 FY25, their order book stands at 26.5 GW which is equal to Rs 50,000 crores.
With a market capitalization of 60,295.00 crore, the shares of Waaree Energies Ltd closed at Rs 2,104 on Friday’s trading session which is 4 percent lower compared to the previous closing price.
Madhusudan Kela made fresh investments in Waaree Energies Limited by acquiring 33.41 lakh equity shares or 1.16 percent of the company in Q3 FY25.
Nazara Technologies Ltd
Nazara Technologies Ltd is India’s leading diversified gaming and sports media platform with a significant global presence across various markets such as North America and Africa. The company offers eSports, interactive gaming, gamified early learning ecosystems, and many more.
With a market capitalization of 7,896.05 crore, the shares of Nazara Technologies Ltd closed at Rs 923.5 on Friday’s trading session which is 0.6 percent lower compared to the previous closing price.
Madhusudan Kela made fresh investments in Nazara Technologies Ltd by acquiring 10.96 lakh equity shares or 1.28 percent of the company in Q3 FY25.
Indostar Capital Finance Ltd
IndoStar Capital Finance Ltd. offers diverse financial products, including vehicle, equipment, and small business loans, along with insurance. The company has 570 branches across 23 states in the country. The company is co-promoted by Brookfield and Everstone, and is thus also listed on the NYSE and Toronto Stock Exchange.
With a market capitalization of 3,161.38crore, the shares of Indostar Capital Finance Ltd closed at Rs 232.3 on Friday’s trading session which is 5 percent lower compared to the previous closing price.
Madhusudan Kela made fresh investments in IndoStar Capital Finance Ltd by acquiring 33.79 lakh equity shares or 2.48 percent of the company in Q3 FY25.
Written by Shwetha Sairam
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