His largest new addition was IFB Industries, where picked a 1.2% stake, signaling confidence in the home appliances and consumer durables recovery, Trendlyne data shows. To be sure, the stock is up 50% in the last six months. Another significant buy was Osel Devices, where he picked up a 7.6% holding or 13.38 lakh shares, strengthening his exposure to the medical technology and healthcare innovation space. The stock is up 109% since the beginning of the year.
Agrawal also took a position in Protean eGov Technologies, formerly NSDL e-Gov, marking a play on India’s expanding digital public infrastructure and the government’s push toward data-driven governance. The stock is down 42% on a year-to-date. His investment of a 5.3% holding in Unified Data Tech Solutions underlines his optimism in IT services and data analytics. Unified shares are up 60% on a year-to-date basis. In the financial space, he bought a 3.8% stake in Laxmi Finance, data from Trendlyne showed. Laxmi India Finance is a non-banking financial company (NBFC) that provides various loans, including MSME loans, vehicle loans, and construction loans, to underserved customers in India.
Continuing to tap into India’s infrastructure and manufacturing revival, Agrawal purchased a 1.2% stake in Vikran Engineering. His focus on clean energy was reflected in Solarium Green Energy, where he invested for a 2.9% stake, capturing the renewable energy opportunity through solar EPC and storage capacity expansion. He also added NR Agarwal Industries, buying a 2% stake, positioning himself to benefit from the rising demand for sustainable packaging and paper products. Smaller yet strategic entries included Kilitch Drugs, where he invested for a 1.3% stake, adding to his pharma exposure, and Zelio E-Mobility, his EV bet with a 2% holding, focused on low-speed electric scooters.Alongside these fresh additions, Agrawal strengthened his holdings in five existing names. His most valuable bet remains ASM Technologies, where he bought 15 lakh shares or 4.2% stake, Trendlyne data shows, taking the total stake to 10.7%. He also added to Zota Healthcare, taking his stake to over 25 lakh shares or to 8.2% during the quarter. Other additions included Tatva Chintan Pharma, buying 5 lakh shares and taking the total 2.1% equity stake; Monolithisch has seen a 0.1% rise in equity stake by Mukul; and a 1.5% stake in WPIL, after purchasing 0.1% in the quarter ended September 29.
Separately, last month, Agrawal picked up more than 5 lakh shares amounting to Rs 100 crore in midcap multibagger stock Tega Industries following the company’s latest fundraise.
The market veteran, who is also the founder of Param Capital Group, is known for his aggressive investment strategies and has over 20 years of experience in the capital markets.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
