Veteran investor Mukul Agrawal has significantly expanded his stock portfolio, according to the latest September quarter shareholding data. The seasoned investor has added 10 new companies to his holdings, bringing his publicly held portfolio to a total of 71 stocks valued at over Rs 7,498.50 crore.

New Additions to Agrawal's Portfolio

Agrawal's recent acquisitions include:

1. IFB Industries Ltd.
2. Protean eGov Technologies Ltd.
3. Kilitch Drugs Ltd.
4. NR Agarwal Industries Ltd.
5. Solarium Green Energy Ltd.
6. Unified Data Tech Solutions Ltd.
7. Zelio EMobility Ltd.

Additionally, he has invested in two recently listed companies:

• Vikran Engineering Ltd. (1.20% stake)
• Laxmi Finance Ltd. (3.80% stake)

Notable Stake Increase

A significant move in Agrawal's portfolio is the substantial increase in his stake in ASM Technologies Ltd. His holding in the company has grown from 6.50% to 10.70%, with the investment now valued at over Rs 500.00 crore.

Top Holdings in Agrawal's Portfolio

Minor Reductions and Exits

Agrawal has slightly reduced his shareholding in:

• Sirca Paints Ltd.
• PDS Ltd.
• Stanley Lifestyles Ltd.
• Oriental Rail Infrastructure Ltd.

His stakes in Sula Vineyards Ltd. and BSE Ltd. have dropped below the 1% threshold.

This portfolio expansion and restructuring demonstrate Agrawal's active management approach and his continued faith in the Indian stock market. The diverse range of new additions, spanning various sectors, suggests a strategy of diversification while also concentrating on potentially high-growth areas.

Prominent investor Mukul Agrawal has significantly expanded his portfolio in the June quarter, adding seven new stocks across diverse sectors. The total value of these new investments amounts to approximately Rs 631.00 crore, showcasing Agrawal's strategic moves in the market.

Sector-wise Investments

Agrawal's new investments span across multiple sectors, including real estate, banking, chemicals, energy, and healthcare. This diversification strategy suggests a balanced approach to capitalizing on various market opportunities.

Key Investments

1. Sarda Energy & Minerals: Agrawal's largest investment this quarter was in Sarda Energy & Minerals , where he acquired a 1.1% stake worth Rs 178.70 crore. This investment comprises 40 lakh shares of the company.

2. Jammu & Kashmir Bank: The investor made a significant move in the banking sector by purchasing a 1.3% stake in Jammu & Kashmir Bank for Rs 153.60 crore, acquiring 1.4 crore shares.

3. Valor Estate: In the real estate sector, Agrawal invested Rs 126.30 crore for a 1.2% stake in Valor Estate , buying 65 lakh shares.

Additional Portfolio Additions

Agrawal's other investments in this quarter include:

New Entries and Disclosure Threshold

All these holdings are marked as new entries in the June quarter shareholding data. This could indicate either fresh investments by Agrawal or increases in existing holdings that have now crossed the 1% disclosure threshold required by regulatory authorities.

Market Implications

Mukul Agrawal's investment choices often attract attention from market participants. His diverse selections this quarter, ranging from established banks to newly listed companies like Monolithisch India, may influence investor sentiment in these stocks and their respective sectors.

The substantial investments, particularly in energy, banking, and real estate sectors, might be seen as a vote of confidence in these areas of the Indian economy. However, investors are advised to conduct their own research and due diligence before making investment decisions based on portfolio moves of high-profile investors.