Latest news with #MukulAgrawal
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Business Standard
28-05-2025
- Business
- Business Standard
Mukul Agrawal portfolio stock soars 30% in 2 days; zooms 99% in 18 days
ASM Technologies share price today ASM Technologies share price hit a record high today, at ₹2,644 per share on the BSE, as it rallied 18 per cent in Wednesday's intraday trade in an otherwise weak market. In the past two days, the stock price of the company, engaged in design-led manufacturing in the semiconductor and automotive industries, has zoomed 30 per cent. Since May 2, that is in the past 18 trading days, ASM Technologies shares have skyrocketed 99 per cent from a level of ₹1,330.20 which it touched on the BSE. At 10:24 AM, ASM Technologies share price was trading 9 per cent higher at ₹2,454.60 as compared to 0.24 per cent decline in the BSE Sensex. Ace Investor Mukul Mahavir Agrawal held 762,500 equity shares, representing 6.48 per cent stake in ASM Technologies, at the end of the March 2025 quarter, shareholding pattern data shows. As per the latest corporate shareholdings filed, Mukul Agrawal publicly holds 60 stocks with a net worth of over ₹6,210.6 crore, as per Mukul Agrawal held stake in Neuland Laboratories, BSE Ltd, Radico Khaitan, Nuvama Wealth Management, and PTC Industries. Strong Q4 results For the January to March 2025 quarter (Q4FY25), ASM Technologies reported consolidated profit after tax (PAT) of ₹15.35 crore on the back of strong operational performance. The company had posted net loss of ₹3.4 crore in the year-ago quarter. Revenue from operations more-than-doubled to ₹114.50 crore from ₹44.59 crore. Allotment of equity shares pursuant to conversion of warrants The company's board, on April 29, 2025, approved the allotment of 800,000 fully paid-up equity shares of face value ₹10 each at an issue price of ₹470.70 per equity share (including a premium of ₹460.70 per equity share). Sector Outlook The outlook for the Engineering Research & Development (ER&D) sector in India is optimistic, with projected growth driven by advancements in digital engineering and sustainability initiatives. By 2030, the industrial ER&D spend is expected to reach $250-280 billion, growing at a CAGR of 8-9 per cent. As per Nasscom report, key growth drivers include the increased adoption of automation, robotics, and AI-enhanced analytics. In addition, the focus on developing integrated product-service solutions is expected to contribute significantly to the sector's expansion as companies look to offer comprehensive solutions that enhance customer experience and operational efficiency, ASM Technologies had said in its FY24 annual report. There are abundant opportunities in the ER&D sector, particularly in areas like industrial IoT, digital twins, and automation. The demand for data-driven solutions drives companies to invest heavily in ER&D to optimise factory operations and improve product design through cross-functional collaboration. About ASM Technologies With over three decades of experience, ASM Technologies has been supporting customers in the areas of Engineering Design led Manufacturing. ASM has multiple delivery locations in India with a global presence in USA, Singapore, UK, Canada, Japan, Thailand and Mexico. The company's Global Delivery Model and core competencies consider the changing economic scenarios as an opportunity to provide greater value to existing clients and add new clients. The company's specific industry, domain, and technology expertise allows it to facilitate business transformation for its clients through innovative strategies and solutions.
Economic Times
23-05-2025
- Business
- Economic Times
Ace investor Mukul Agrawal sells shares worth Rs 1 crore in this smallcap stock. Check details
Mukul Agrawal trims stake in MITCON Consultancy via ₹1 crore block deal even as the stock rebounds 14% in a month after a year-long decline. Ace investor Mukul Agrawal sold over 1.3 lakh MITCON shares for ₹1 crore via a block deal at ₹80.52 apiece. Despite past underperformance, the stock gained 8% today and 14% in the last month, signaling a recovery trend. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Ace investor Mukul Mahavir Agrawal sold over 1.3 lakh shares of smallcap stock MITCON Consultancy & Engineering Services for Rs 1 crore via a block deal. The stock was sold at a price of Rs 80.52 a to the block deal, Agrawal held 4,76,187 equity shares in the company as on March 31, 2025 as per the shareholding data available on the the stock surged over 8% on the NSE to end the session at Rs Consultancy & Engineering has been a market laggard, witnessing a 24% fall over the past 12 months. This year so far, its shares have fallen by 22%. However, the stock has reversed the trend off-late, gaining 14% over the past one is an Indian Technical Consulting Organization (TCO) offering solutions for technical, marketing & financial business company reported a consolidated net profit of Rs 1.7 crore in Q4FY25 which was up from Rs 1.6 crore reported in the year ago period. The consolidated revenue fell to Rs 39 crore in the January-March quarter versus Rs 42 crore in the year ago added Jagsonpal Pharmaceuticals to his portfolio in the March quarter buying 1.74% stake in the company. He also added another smallcap stock Sahasra Electronic Solutions to his portfolio in the same publicly holds 60 stocks with a net worth of over Rs 6,148.8 crore according to Trendlyne other stocks that are part of his portfolio include India Metals & Ferro Alloys, J Kumar Infraprojects, Neuland Laboratories, Prakash Industries, TAAL Enterprises, Capacite Infraprojects Limited, Delta Corp Limited, Gati Limited and Indo Count Industries Read: Goldman Sachs buys shares worth Rs 50 crore in this smallcap stock via block deal (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Economic Times
22-05-2025
- Business
- Economic Times
BSE shares record date for 2:1 bonus issue tomorrow. Do you own?
Shares of BSE will trade ex-bonus on Friday, May 23, for its 2:1 bonus issue. This means today is the last day for investors to buy BSE shares and still be eligible to receive the bonus shares. ADVERTISEMENT The company, in a previous corporate filing, had fixed the record date as Friday, May 23, 2025, for determining the eligibility of shareholders for the issuance of bonus shares. 'This is further to our intimation dated May 9, 2025, informing the Shareholders approval for issue of Bonus Shares in the ratio of 2:1 i.e. 2 (Two) new fully paid-up Equity Shares of Rs 2/- each for every 1 (One) existing fully paid-up Equity Share of the Company. In this regard, we wish to inform that the Company has fixed Friday, May 23, 2025, as the Record Date for determining the eligibility of shareholders for issuance of Bonus Shares,' the company had said. Therefore, the shareholders on record as of this date will be entitled to receive bonus shares in the ratio of 2:1, that is, two fully paid-up equity shares of Rs 2 each for every one equity share the T+1 settlement system, applicable in Indian equity markets, trades are settled one working day after the transaction date. Therefore, investors must buy shares by May 22, 2025, for the transaction to be settled and reflected in their demat accounts by the record date. Also read: Mukul Agrawal shareholding in March quarter. Here are stocks he bought and ditched last quarter ADVERTISEMENT According to the company's announcement, the deemed date of allotment for the bonus shares is Monday, May 26. These shares will be made available for trading starting the next working day, i.e., Tuesday, May to Trendlyne data, this is the second instance of BSE issuing bonus shares. Prior to this, the company had issue bonus shares to its shareholders in March 2022. ADVERTISEMENT On Wednesday, the shares of BSE closed 0.96% lower at Rs 7,314.50 on the NSE. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Mint
21-05-2025
- Business
- Mint
Mukul Agrawal-owned BSE SME stock gives 202% return to share allottees in one and a half years
Shares of Siyaram Recycling Industries Ltd, a BSE SME-listed company backed by ace investor Mukul Agrawal, have rewarded shareholders handsomely since its IPO debut in December 2023. The stock has zoomed 202 percent, rising from its issue price of ₹ 46 to ₹ 139, delivering multibagger returns in just one and a half years. An investment of ₹ 15,000 in the IPO would now be worth over ₹ 45,000, showcasing the potential of well-timed entries in quality SME counters. The company's IPO was a ₹ 22.96 crore book-built issue, comprising a fresh issue of 49.92 lakh shares, and witnessed healthy investor participation. In terms of market performance, the stock has gained over 71 percent in the last one year alone. It has added 7.5 percent in May so far, continuing its upward trajectory after gaining 4 percent in April and 2.7 percent in March. The only sharp correction came in February when it slipped 23.5 percent, following a 7 percent rise in January. Backed by solid fundamentals and consistent growth, the company recently posted its H2FY25 financial results, which showed continued operational strength. Siyaram Recycling reported revenue from operations of ₹ 266 crore in the second half of FY25, up 8 percent HoH from ₹ 245.7 crore in H1FY25, and up 34 percent YoY from ₹ 198 crore in H2FY24. Net profit for H2FY25 came in at ₹ 7 crore, a slight decline of 9 percent HoH compared to ₹ 7.7 crore in H1FY25, but showed a remarkable 112 percent growth YoY from ₹ 3.3 crore in H2FY24. The numbers reflect stable demand and improved operational efficiency across domestic and global markets. The company's March 2025 shareholding pattern shows that Promoters hold 61.17 percent, underlining continued promoter confidence in the business. Retail investors account for 37.08 percent, while Domestic Institutional Investors (DIIs) hold 1.76 percent. Notably, Mukul Mahavir Agrawal, one of India's renowned investors, holds a 10.1 percent stake, further boosting investor trust in the company. Siyaram Recycling Industries Limited operates in the brass recycling and manufacturing sector, dealing in brass scrap segregation, and the production of brass ingots, billets, rods, and brass-based components. These components primarily serve the plumbing and sanitary hardware segments, catering to both domestic and export markets. The company has a strong domestic footprint, with a presence across 18 states and Union Territories, with Gujarat being the major revenue-generating region. On the global front, Siyaram has expanded its customer base across China, Germany, Belgium, and Oman, signaling rising global traction for its products. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Economic Times
15-05-2025
- Business
- Economic Times
Portfolios of Jhunjhunwala, Kacholia, Kedia & top 6 investors bleed. Check stocks they bought & sold
India's prominent investors, including the Jhunjhunwala family, adjusted their portfolios cautiously in the March quarter amid market volatility. While some trimmed stakes and exited certain stocks, others strategically increased holdings in sectors like sugar, pharma, and manufacturing. Tired of too many ads? Remove Ads Here's what India's 6 most widely tracked investors bought and sold in the March quarter: Jhunjhunwala family Tired of too many ads? Remove Ads Mukul Agrawal Anil Goel Ashish Kacholia Tired of too many ads? Remove Ads Vijay Kedia Dolly Khanna India's marquee investors played a cautious hand in the March quarter, trimming sails amid market turbulence. The billionaire Jhunjhunwala family saw the value of their equity portfolio dip to Rs 57,594 crore at the end of FY25 from Rs 68,285 crore in just 3 months, even as they bought more of Titan Canara Bank , and Federal Bank Mukul Agrawal's portfolio value slid to Rs 5,633 crore; he exited six stocks but added Onesource and Jagsonpal Pharma, according to data pulled from the records of Anil Goel's value softened to Rs 1,845 crore as he sweetened bets on sugar and picked up DCM Nouvelle. Ashish Kacholia (Rs 1,743 crore) exited Awfis but loaded up on Zaggle and Aeroflex. Vijay Kedia 's portfolio shrank to Rs 1,074 crore amid trims in Tejas and Precision. Dolly Khanna was the outlier as her holdings rose to Rs 498 crore, thanks to bold buys in SOM Distilleries and Prakash Industries. This information is based on shareholding data where ownership exceeds 1% in listed Rakesh Jhunjhunwala family's March 2025 shareholding data shows stakes in 26 listed companies with over 1% holding. They increased stakes in four stocks—Titan, Canara Bank, Federal Bank, and Sundrop Brands. The most notable was Titan, their largest holding worth Rs 14,028 crore, where they bought 80,000 shares, taking the stake up to 5.15%. Canara Bank and Federal Bank saw increases of 3.75 million and 1.5 million shares, respectively. Stake in Baazar Style Retail was trimmed by 1.9 lakh shares, while the family completely exited Sun Pharma Advanced Research, selling 5.16 million Agrawal's 48-stock portfolio shows a net trimming of sails. The ace investor exited 6 stocks - Ethos, Dredging Corporation, Quick Heal Technologies, Sarda Energy & Minerals, Allcargo Logistics and CEAT Ltd - or their ownership went below 1% and therefore didn't figure in the shareholder's pared exposure in BSE by 2 lakh shares and Pearl Global by 3 lakh. Onesource Speciality Pharma and Jagsonpal Pharma were two new picks. He also added more of Zota Healthcare, and Surya values dipped across many holdings due to price correction, his conviction remained steady in pharma, infra, and specialty plays, suggesting a cautious churn rather than a portfolio Goel's March moves reflect a sugar rush, both literally and strategically. Out of 23 stocks, he added shares in 15, sold L.G. Balakrishnan completely, and trimmed stakes marginally in a few like TCPL Packaging and Nahar group stocks. His sweet tooth showed with increased buys in Triveni, Dalmia Sugar, Avadh, and Uttam Sugar, reaffirming his long-term bet on the sector. Notably, he scooped up 1.15 million shares of Sarla Performance Fibers, raising his stake by 1.38%, the biggest jump in percentage stock DCM Nouvelle was his new pick where he bought 2.33% stake in March 2024. Overall, Goel is consolidating positions in core bets while keeping the churn minimal and March update reflects a wave of adjustments, with 3 major sales, including a sharp cut in Awfis (-1.38% in stake) and smaller reductions in Ami Organics and Balu Forge. The big winner? Zaggle Prepaid Ocean Services, where Kacholia bumped up his holding by 100,000 shares. He also bought more of Aeroflex Industries and Jyoti kept his stakes in some favorites like Shaily Engineering, Safari Industries, and NIIT Learning Systems Kedia's shareholding pattern for March 2025 reveals a stable yet selective reshuffle in his portfolio. Out of 13 stocks, there were no new buys, but significant changes occurred in some holdings. He reduced his stake in Tejas Networks by 500,000 shares, dropping his holding from 1.31% to 1.02%. Similarly, Precision Camshafts saw a sharp reduction of 995,000 shares, lowering his stake from 3.15% to 2.10%. Global Vectra Helicorp was trimmed by 30,000 shares, bringing his stake down from 5.07% to 4.86%.His biggest holdings also include Atul Auto, Neuland Labs, Elecon Engineering and Sudarshan Chemical. There were no new additions and no complete Khanna stirred the pot this quarter with a cocktail of bold buys and a few exits. She held 15 stocks as of March 2025, with major buying action in SOM Distilleries (+2.2 million shares), Prakash Industries (+1.4 million), and Mangalore Chemicals (+0.5 million), beefing up her bet on manufacturing and liquor plays. Altogether, her holding went up in 9 also added smaller quantities in names like 20 Microns, Prakash Pipes, and Stove Kraft. Polyplex Corp was a new pick. Meanwhile, she exited Selan Exploration and Indian Metals & Ferro Alloys completely—perhaps signaling a loss of steam in metals and energy. A few trims in Rajshree group stocks rounded off a busy quarter.: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
