Ace investors Dolly Khanna, Vijay Kishanlal Kedia, and Mukul Agrawal have been increasing their stakes in several companies. Khanna has shown interest in Indian Metals and Ferro Alloys and Prakash Industries Limited, while Kedia and Agrawal are focusing on Elecon Engineering Company Limited and Hind Rectifiers Limited
Here are the stocks in which Dolly Khanna has increased their stake:
1. Indian Metals and Ferro Alloys Limited
With a market capitalization of Rs. 4,683.22 crores, Indian Metals and Ferro Alloys Limited’s share price closed at Rs. 868 per share, down by 3.36 percent from its previous close of Rs. 898.15.
As of December 2024, Ace investor Dolly Khanna has made a fresh stake of 1.16 percent in the company, which had a holding value of Rs. 56.1 crore with ownership of 6,23,464 shares.
Indian Metals and Ferro Alloys Limited’s revenue has increased from Rs. 693 crore in Q2 FY24 to Rs. 692 crore in Q2 FY25, which has grown by 0.14 percent. The net profit of Indian Metals and Ferro Alloys Limited has increased by 40.44 percent from Rs. 89 crore in Q2 FY24 to Rs. 125 crore in Q2 FY25.
Indian Metals and Ferro Alloys Limited (IMFA) was established in 1961 and is based in Odisha, India. It is the largest producer of ferro chrome in India, with a capacity of 190 MVA. IMFA also engages in power generation and mining activities.
2. Prakash Industries Limited
With a market capitalization of Rs. 2,699.66 crores, Prakash Industries Limited’s share price closed at Rs. 150.75 per share, down by 3.12 percent from its previous close of Rs. 155.60.
As of December 2024, Mukul Agrawal has increased his stake by 0.1 percent, bringing his total to 1.3 percent, up from 1.2 percent in September 2024.
Prakash Industries Limited’s revenue has increased from Rs. 889 crore in Q2 FY24 to Rs. 1,077 crore in Q2 FY25, which has grown by 21.15 percent. The net profit of Prakash Industries Limited has increased by 1.12 percent from Rs. 89 crore in Q2 FY24 to Rs. 90 crore in Q2 FY25.
Prakash Industries Limited was established in 1980 and is based in New Delhi, India. The company specializes in manufacturing steel products and generating power. Its operations include sponge iron production, steel melting, and mining, serving various industrial sectors.
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Here is the stock in which Vijay Kishanlal Kedia has increased their stake:
3. Elecon Engineering Company Limited
With a market capitalization of Rs. 13,451.65 crores, Elecon Engineering Company Limited’s share price closed at Rs. 599.45 per share, down by 0.94 percent from its previous close of Rs. 605.15.
As of December 2024, Vijay Kishanlal Kedia has increased his stake by 0.9 percent, bringing his total to 2.2 percent, up from 1.3 percent in September 2024.
Elecon Engineering Company Limited’s revenue has increased from Rs. 889 crore in Q2 FY24 to Rs. 1,077 crore in Q2 FY25, which has grown by 21.15 percent. The net profit of Elecon Engineering Company Limited has increased by 1.12 percent from Rs. 89 crore in Q2 FY24 to Rs. 90 crore in Q2 FY25.
Elecon Engineering Company Limited was founded in 1951 and is based in Anand, Gujarat. It specializes in manufacturing material handling equipment and industrial gear. The company serves sectors like power, steel, and mining, offering solutions for efficient material movement and processing.
Here is the stock in which Mukul Agrawal has increased their stake:
4. Hind Rectifiers Limited
With a market capitalization of Rs. 2,174.43 crores, Hind Rectifiers Limited’s share price closed at Rs. 1266.95 per share, down by 2.98 percent from its previous close of Rs. 1305.90.
As of December 2024, Mukul Agrawal has increased his stake by 0.1 percent, bringing his total to 1.5 percent, up from 1.4 percent in September 2024.
Hind Rectifiers Limited’s revenue has increased from Rs. 132 crore in Q2 FY24 to Rs. 166 crore in Q2 FY25, which has grown by 25.76 percent. The net profit of Hind Rectifiers Limited has increased by 150 percent from Rs. 4 crore in Q2 FY24 to Rs. 10 crore in Q2 FY25.
Hind Rectifiers Limited was established in 1958 and is based in Mumbai, India. The company specializes in manufacturing power semiconductor devices and electronic equipment for sectors like railways, aviation, and telecommunications. Their products include rectifiers, transformers, and propulsion systems.
Written By – Nikhil Naik
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