09-07-2025
Multibagger smallcap stock shoots up by 43% in 3 days as Mukul Agrawal buys 5 lakh shares
The shares of multibagger stock Monolithisch India, which delivered a whopping return of nearly 203% in just the last month, surged another 43.2% in the last 3 trading sessions to its new all-time high of Rs 443.30 on the NSE after ace investor Mukul Agrawal bought 5 lakh shares of the company.
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 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 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
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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%.
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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 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.
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