Mukul Agrawal Portfolio: Once more the holding diminished from 4% to under 1%, Mukul Agrawal’s ‘swing’ inventory – INA NEWS

Mukul Agrawal Portfolio: There was a serious change within the portfolio of veteran investor Mukul Aggarwal within the final quarter October-December 2024. Within the December quarter, he offered the shares of Harmony Management Techniques, a producer {of electrical} and digital merchandise, so closely that his stake got here down from 4 p.c to lower than 1 p.c. Since it’s obligatory for corporations to reveal the shareholding sample of holdings of solely multiple per cent, it couldn’t be revealed what number of shares at the moment are in Mukul Aggarwal’s portfolio or whether or not he has offered his whole stake.

Mukul Agrawal Portfolio: Have offered numerous shares earlier additionally

This isn’t the primary time that Mukul Aggarwal has made an enormous sale of Harmony Management shares. Earlier, on the finish of March 2024 quarter, he had 4 p.c stake on this firm, which got here all the way down to under 1 p.c within the subsequent quarter. After this, Mukul Aggarwal once more purchased it aggressively and on the finish of the September quarter his holding once more elevated to 4 p.c. Now within the December quarter he once more made a pointy sale and his stake got here all the way down to under 1 p.c. In a manner, they did swing shopping for and promoting, that’s, as a substitute of holding for a very long time, they purchased sometimes, then offered, then purchased once more and offered once more.

Speaking in regards to the fluctuations of shares in these quarters, shares of Harmony Management Techniques fell by greater than 29 p.c within the March 2024 quarter, by which quarter Mukul Aggarwal’s holding within the firm elevated to 4 p.c. Then the holding fell sharply on the finish of the June quarter and its shares had gained about 94 p.c in that quarter. Then within the September quarter, Mukul purchased its shares and on this quarter the shares gained greater than 55 p.c. After this, within the December quarter, Mukul’s holding within the firm got here down to 1 per cent and the share weakened by about 11 per cent.

About Harmony Management Techniques

Concorde Management Techniques is a Lucknow-based firm that manufactures electrical and electronics merchandise for the Indian Railways. If we speak about its shares, it has made nice earnings for the traders. Final yr on March 15, 2024, it was at Rs 538.00, which is a one-year low for its shares. From this low stage, it jumped by greater than 283 p.c in 6 months to succeed in a worth of Rs 2062.05 on September 5, 2024, which is a file excessive for its shares. Nonetheless, the rise of shares stopped right here and at current it’s 17 p.c draw back from this excessive. Its shares had been issued to IPO traders at a worth of Rs 55 and it was listed on BSE SME on 10 October 2022.

Inventory to Make investments: 15% under file excessive, but IPO traders made 263% revenue, now flip for robust restoration

SBI New Deposit Schemes: Millionaire on funding of ₹ 574, SBI launched two particular deposit schemes, test particulars

Disclaimer: The data supplied right here is being supplied for data solely. It is very important point out right here that investing out there is topic to market dangers. As an investor, at all times seek the advice of an skilled earlier than investing cash. Moneycontrol by no means advises anybody to take a position cash right here.