Multibagger smallcap stock shoots up by 43% in 3 days as Mukul Agrawal buys 5 lakh shares
ADVERTISEMENT Today alone, the shares of Monolithisch India zoomed 10%.
According to the company's shareholding pattern available on the NSE, Mukul Agrawal owns 5 lakh shares, representing 2.3% equity of the company at the end of the June 2025 quarter.
The company's promoters and the promoter group hold a 73.6% stake, while the remaining 23.4% rests in the hands of the public shareholders.As per the latest corporate shareholdings filed, Mukul Agrawal publicly holds 62 stocks with a net worth of over Rs 6,754.7 crore, according to the data available on Trendlyne.At the end of the June quarter, Agrawal added 2 new stocks to his portfolio, according to the Trendlyne data. One of them is Jammu & Kashmir Bank, while the other one is Monolithisch India.
ADVERTISEMENT The shareholding patterns of other companies where Mukul Agrawal holds a stake are still awaited.
Also read: ICICI Prudential AMC files for Rs 10,000 cr IPO; entirely an offer for sale by Prudential Corp
ADVERTISEMENT
Monolithisch India was recently listed on the NSE SME platform in the month of June at a robust premium of 61.9% or Rs 88.5 over its issue price of Rs 143.
Since its listing, the shares of the company have rallied by 91.5% from its listing price of Rs 231.50, while the IPO investors are enjoying an impressive return of 210%.
ADVERTISEMENT
Monolithisch India, established in August 2018, specializes in the production and supply of ramming mass, an essential heat-insulating material used in induction furnaces within the iron and steel industry.The company has shown consistent growth, increasing its client count from 43 in 2023 to 61 in 2025, indicating a growing market footprint. In FY25, Monolithisch India reported strong financial results, with revenue rising by 41% to Rs 97.49 crore and net profit jumping 70% to Rs 14.49 crore compared to the previous fiscal year.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
(You can now subscribe to our ETMarkets WhatsApp channel)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hans India
20 minutes ago
- Hans India
Export of mobile phones jumps 127 times in a decade: Govt
New Delhi: India has witnessed a phenomenal surge in mobile phone exports, which have risen 127 times in the last decade from just Rs 0.01 lakh crore in 2014-15 to Rs 2 lakh crore in 2024-25, the Parliament was informed on Wednesday. Officials credited this remarkable growth to the reforms and policy measures introduced under Prime Minister Narendra Modi's 'Make in India' and 'Atmanirbhar Bharat' vision, which transformed India into a global hub for electronics manufacturing. The production of mobile phones has jumped from Rs 0.18 lakh crore in 2014-15 to Rs 5.5 lakh crore in 2024-25 -- marking a 28-fold increase, Minister of State for Electronics and Information Technology Jitin Prasada said in a written reply to a question in the Lok Sabha. During the same period, the number of mobile manufacturing units expanded from just two in 2014 to over 300 in 2025, a rise of 150 times. As a result, India, once dependent on imports to meet nearly three-fourths of its mobile phone demand, now imports a negligible 0.02 per cent of the total units sold. Overall electronics production has also grown six times in the last decade, from Rs 1.9 lakh crore to Rs 11.3 lakh crore, while exports of electronic goods have surged eight times to Rs 3.3 lakh crore in 2024-25. The government attributed this turnaround to flagship schemes like the Production Linked Incentive (PLI) for large-scale electronics and IT hardware, the Electronics Manufacturing Clusters (EMC and EMC 2.0), the Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS), and the Public Procurement (Preference to Make in India) Order 2017. These initiatives have generated an estimated 25 lakh direct and indirect jobs in the electronics sector across India. Maharashtra alone hosts 85 supported manufacturing units, two common facility centres and one electronics manufacturing cluster under the Ministry's schemes. The government also highlighted the role of Digital India and Skill India programmes in equipping youth with digital skills. In Maharashtra, over 53 lakh people have been trained under Pradhan Mantri Gramin Digital Saksharta Abhiyan (PMGDISHA), including nearly 6 lakh from Scheduled Tribes, while initiatives like FutureSkills PRIME and drone technology training programmes have further expanded employability opportunities.
Time of India
20 minutes ago
- Time of India
NFO Alert: Angel One Mutual Fund launches gold based two passive funds
Live Events Angel One Asset Management Company has announced the launch of Angel One Gold ETF and Angel One Gold ETF FOF , designed to track the performance of the domestic price of gold, providing investors with price transparency and ease of New Fund Offers (NFOs) will open for subscription on August 20 and close on September 2 for the ETF, while the FOF will remain open until September ETF will allow investment starting with Rs 1,000 during NFO and through NSE on an ongoing basis, once the scheme is listed post NFO. The FOF will enable investment exposure to gold even without having a demat account, with SIPs starting at just Rs 250. These schemes offer a convenient and flexible route to participate in gold as an asset class, thereby diversifying the overall portfolio with long-term wealth creation Angel One Gold ETF will allow investment with a minimum application of ₹1,000 and in multiples of ₹1 thereafter during the NFO. The scheme will be listed on NSE, offering liquidity and ease of trading, and will hold 99.5% pure gold eliminating making charges and storage Angel One Gold ETF FOF offers flexible SIP options starting at Rs 250 per day, Rs 500 for weekly, fortnightly, or monthly plans, and Rs 1,500 for quarterly contributions. With no exit load and no demat account requirement, it provides a convenient and accessible route for a wide range of investors to participate in gold investing.'Gold has consistently proven its role as a store of value and a hedge in volatile markets. With central banks steadily increasing their gold reserves and with gold's historical resilience against inflation, these offerings provide investors with an effective tool for portfolio diversification. Including gold can help reduce overall risk, enhance stability, and safeguard portfolios against market fluctuations. Strong inflows and record-high AUM in gold ETFs underscore the growing investor interest, while its low correlation with other assets may further improve risk-adjusted returns,' said Hemen Bhatia, Executive Director & CEO, Angel One new Gold ETF & FOF offerings underscore Angel One AMC's commitment to delivering diverse passive building blocks to investors for effective portfolio gold ETF market is witnessing remarkable expansion. According to AMFI data, the AUM of Gold ETFs surged to Rs 67,634 crore in July 2025, up from Rs 34,455 crore in July 2024, reflecting an annual growth of nearly 96%. The Angel One Gold ETF and Angel One Gold ETF FOF aim is to ride this momentum, further driving investments in gold funds.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@ alongwith your age, risk profile, and Twitter handle
&w=3840&q=100)
Business Standard
20 minutes ago
- Business Standard
Centricity WealthTech plans to double AUM to ₹20,000 crore by FY26
Wealth management company Centricity WealthTech plans to double its AUM to Rs 20,000 crore by March 2026 and has hired 30 senior private bankers to cater to the needs of High Networth Individuals (HNIs) and Ultra HNIs, to achieve the target. The asset under management (AUM) reached Rs 10,000 crore last month and the company is hoping to increase this to Rs 18,000-20,000 crore by the end of the current fiscal, Centricity WealthTech CEO Manu Awasthy told PTI. So, he said, effectively, the AUM should double in eight months and various initiatives would be taken to achieve this target. As part of the expansion strategy, the company has onboarded 30 senior private bankers to deepen presence across India's top 70 cities. This marks a significant step in Centricity WealthTech's vision to democratize accessibility of best-in-class financial advice beyond the traditional metros, backed by its proprietary technology and growing physical footprint, he said. The newly onboarded senior private bankers will operate under the company's marquee platform 'INVICTUS' that caters specifically to Ultra HNIs and single- family offices (SFOs) managing over 135 clients with portfolios above Rs 100 crore each, he said. With its unique positioning, the company aims to strengthen boutique wealth management practices through the onboarding of full-time region-focused private bankers, he said.
