Well known investors on Dalal Street went on a shopping spree in the September quarter as the stock market went from strength to strength during that period.
Investor Rakesh Jhunjhunwala added banks, metal and real estate companies to his cart while raising stake in his old-time favourite Titan Company by 0.1%.
Jhunjhunwala’s name showed up among public shareholders of Canara Bank, NALCO, and Indiabulls Real Estate where he held 1.1-1.6% at the end of the September quarter. An investor’s name shows up in public shareholders’ list if the holding is 1% or higher. It couldn’t be ascertained if the entire stake was bought in that quarter or they held less than 1% before that. Jhunjhunwala has most notably reduced stake in Mandhana Retail by 5.35% to 7.4%.
Chennai-based Dolly Khanna’s name showed up in public shareholders of NDTV with a 1.1% holding.
Textile manufacturer Faze Three was among the top purchases of investor Ashish Kacholia who is known for his mid- and small-cap picks. His new holdings include Faze Three and Xpro India where he held 2.8% and 2.5%, respectively.
Investor Mukul Agarwal went on the biggest buying spree among them all, with his name showing up in public shareholders’ list of Paras Defence, MTAR Technologies, Vidhi Specialty Food, Thomas Cook, Allcargo Logistics, Jet Freight Logistics, Radico Khaitan, Zota Healthcare and Goldiam International. He held 1.1-6.5% in these stocks.
Anil Kumar Goel held 6% in Samtex Fashions as on September 30 and raised stake in Nahar Spinning by 3.3%.
