Ace investors are those who invest big sums of money in a firm in order to make a higher return over time. They often conduct extensive research in order to pick the finest stocks for investing purposes and to multiply their money.
However, because ace investors investments are referred to as market experts portfolios, many investors try to duplicate ace investors’ stock investments in order to obtain greater returns.
As per the latest corporate shareholdings filed, Mukul Mahavir Prasad Agrawal publicly holds 52 stocks with a net worth of over Rs. 4,685.0 Crores.
Here are six stocks in which Mukul Mahavir Agrawal reduced his stake in Q3FY24
Dhabriya Polywood Ltd
Dhabriya Polywood Limited manufactures PVC and UPVC-based products for a variety of building interior and exterior applications.
In the December 2023 quarter, Mukul Agrawal reduced his stake in the company from 4.7% in the September 2023 quarter to 3.9%, marking a decrease of 0.83 points.
Dhabriya Polywood shares have gained 50 percent in the last six months and multibagger returns of 186 percent in a year.
Arman Financial Services Ltd
Arman Financial Service Ltd is a NBFC that provide loans to the unorganized sector residing in rural and semi-rural locales across six states with 170 branches that cater to about 3.73 lakh customers.
Mukul Agrawal reduced his stake in the company from 4.59% in the September 2023 quarter to 4.09% in the December 2023 quarter, marking a decrease of 0.5 points.
Arman Financial Services shares have gained 45 percent in the last six months and multibagger returns of 181 percent in a year.
JTEKT India Ltd
In the December 2023 quarter, Mukul Agrawal reduced his stake in the company from 1.6% in the September 2023 quarter to 1.3%, marking a decrease of 0.3 points.
JTEKT India Ltd is primarily engaged in the business of manufacturing steering systems & other auto components for the passenger car and utility vehicle manufacturers in the automobile sector.
JTEKT India shares have gained 3 percent in last six months and 14 percent in a year.
Hindware Home Innovation Ltd
Somany Home Innovation Limited is an India-based consumer appliance company. The Company operates through three segments: consumer appliances business, retail business and building products segments.
Mukul Agrawal reduced his stake in the company from 1.6% in the September 2023 quarter to 1.3% in the December 2023 quarter, marking a decrease of 0.3 points.Hindware Home Innovation shares have gaiend 14% in the year.
Ion Exchange (India) Ltd
Ion Exchange (India) Ltd manufactures and distributes water treatment equipment and products, which are used for a variety of treatment and conservation applications.
Mukul Agrawal reduced his stake in the company from 1.23% in the September 2023 quarter to 1.02% in the December 2023 quarter, marking a decrease of 0.21 points.
Ion Exchange shares have gained 7% in last six months and 112% in a year.
Dish TV India Ltd
Dish TV India Ltd is a leading direct-to-home (DTH) company, providing DTH services across the segments in the country.It offers a large number of SD and HD channels to cater to the requirements of the customers spread all across the country in addition to providing various Value-Added Services. It provides services under its own 3 brands i.e. DishTV, d2h and Zing Digital.
Mukul Agrawal reduced his stake in the company from 1.63% in the September 2023 quarter to 1.09% in the December 2023 quarter, marking a decrease of 0.54 points.
Dish TV India shares have gained 5 percent in last six months and 15 percent in the year.
Written by Omkar Chitnis
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