Mukul Agrawal, one of the well-known ace investors based in India, entered into the stock markets in the late 1990s. His investment strategy includes aggressive investments along with taking a risk with penny stocks that could become multibagger stocks.
Listed below are three stocks of mixed market caps in Mr. Mukul Agrawal’s portfolio that are currently trading at a discount of up to 35 percent each from their respective 52-week high price level:
Capacite Infraprojects Limited
With a market capitalization of Rs 1,962.81 crores, the stocks of Capacite Infraprojects Limited, engaged in the EPC business and provides turnkey solutions for housing, etc, closed at Rs 232 on Thursday, gaining around 8 percent as compared to the previous closing levels of Rs 215.35 apiece.
The company’s stock touched its 52-week high price at Rs 294.85 in January 2024 and compared to those levels, the current share price exhibits a discount of around 21.3 percent.
Mr. Mukul Agrawal entered into the company’s stocks in March 2023 and currently, as per the December 2023 quarter, he holds 60 lakh equity shares equivalent to a 7.83 percent stake.
During the recent financial quarters, the company’s basic business indicators, including the operating revenues as well as after-tax profits, showed positive movements with the former increasing from Rs 422 crores during Q2FY24 to Rs 481 crores during Q3FY24 and the latter, keeping the timeframe the same, took a shift from Rs 20 crores to Rs 30 crores.
Transpek Industry Limited
With a market capitalization of Rs 989.32 crores, the stocks of Transpek Industry Limited, engaged in the manufacturing and export of a range of chemicals, closed at Rs 1,771.20 on Thursday, gaining around 0.70 percent as compared to the previous closing levels of Rs 1,758.65 apiece.
The company’s stock touched its 52-week high price at Rs 2,287 in June 2023 and compared to those levels, the current share price exhibits a discount of around 22.5 percent.
Mr. Mukul Agrawal entered into the company’s stocks in December 2023 and as per the latest data available, he holds 1.19 lakh equity shares equivalent to a 2.12 percent stake.
During the recent financial quarters, the company’s basic business indicators, including the operating revenues as well as after-tax profits, showed positive movements with the former increasing from Rs 121 crores during Q2FY24 to Rs 148 crores during Q3FY24 and the latter, keeping the timeframe the same, took a drastic shift from Rs 3 crores to Rs 14 crores.
InfoBeans Technologies Limited
With a market capitalization of Rs 912.41 crores, the stocks of InfoBeans Technologies Limited, engaged in software development services, specializing in business application development services, etc, closed at Rs 375.50 on Thursday, slipping around 1.90 percent as compared to the previous closing levels of Rs 382.65 apiece.
The company’s stock touched its 52-week high price at Rs 554.95 in July 2023 and compared to those levels, the current share price exhibits a discount of around 32.3 percent.
Mr. Mukul Agrawal entered into the company’s stocks in March 2019 and currently, as per the December 2023 quarter, he holds 12.25 lakh equity shares equivalent to a 5.04 percent stake.
During the recent financial quarters, the company’s basic business indicators, including the operating revenues as well as after-tax profits, showed movements in opposing directions with the former decreasing marginally from Rs 90.88 crores during Q2FY24 to Rs 89.10 crores during Q3FY24, and the latter, on a contrasting note, shifted up from Rs 4.21 crores to Rs 5.56 crores.
Written by Amit Madnani
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