How Mukul Agrawal tweaked his Rs 6,500-crore portfolio in Q3. Here’s everything you need to know

How Mukul Agrawal tweaked his Rs 6,500-crore portfolio in Q3. Here’s everything you need to know


Ace investor Mukul Mahavir Agrawal reshuffled his Rs 6,500-crore equity portfolio during the December quarter, adding new names, increasing exposure to select holdings, and trimming stakes in others. The changes reflect a mix of fresh bets and tactical adjustments following sharp stock-specific corrections and a selloff in smallcap stocks in 2025. Here is a closer look at the additions, stake increases, trims, and exits made during the third quarter.

Hindustan Construction

Agrawal added the stock to his portfolio, acquiring a 1.68% stake, amounting to 4.40 crore shares. The entry comes after a sharp correction in the stock, which is down more than 30% over the past year.

Alcargo Logistics

Agrawal purchased a 2.9% stake in the company. The stock is down about 80% over the last year. Alcargo is a global integrated logistics service provider, specialising in Less-than-Container Load (LCL) consolidation, ocean/air freight forwarding, and contract logistics.

Sudeep Pharma

He acquired a 1.3% stake in the company. The stock is down nearly 30% in the last year. Sudeep is a major manufacturer of mineral-based pharmaceutical excipients, food-grade minerals, and specialty ingredients for industries such as pharmaceuticals, food, and nutrition.

Vasa Denticity

Agrawal increased his stake by 0.4%, taking the total holding to 2.4%. Vasa Denticity operates as a leading Indian B2B e-commerce platform and distributor of dental products. It supplies a wide range of over 10,000 products, including consumables, equipment, and instruments, to dentists, hospitals, and clinics, featuring 300+ brands and more than 30 of its own brands such as Waldent.

Vikran Engineering

Agrawal increased his stake by 0.2%. The company made its stock market debut in September last year. The stock is down 10% from its issue price of Rs 97.

N R Agrawal

The investor raised his stake marginally by 0.1%. The stock is down nearly 20% from its 52-week high of Rs 514 hit last year. N R Agrawal is a Mumbai-based company that manufactures paper and packaging boards, specialising in duplex boards, writing paper, and printing paper.

Monolithisch

Shareholding data shows that Agrawal reduced his stake by 0.2% to 2.76%. The stock is down 20.5% from its 52-week high of Rs 607 hit in November 2025. The company provides high-performance refractory solutions, including premium ramming mass for the metallurgical sector and other advanced materials.

Pearl Global

The investor offloaded 0.2% in the company. The stock is off to a rough start in 2026, falling nearly 15% in January alone. Pearl Global is a major multinational apparel manufacturer and exporter headquartered in India, specialising in end-to-end supply chain solutions, including design, manufacturing and sourcing for global fashion brands.

InfoBeans Technologies

Agrawal reduced his stake by 0.2% to 3.9%. The stock is up 97% in the last year. InfoBeans is a global IT services provider specialising in AI-led software engineering, digital transformation and product engineering. It designs, builds and maintains custom software, mobile applications and enterprise solutions for a diverse client base.

Autoriders

He reduced his stake by 0.7% in the company. The stock has risen over a staggering 1,100% in the last year. Autoriders is a prominent Indian car rental company specialising in chauffeur-driven and self-drive services for corporate and individual clients.

Zota Healthcare

Agrawal reduced his stake by 0.8%, taking the total shareholding to 7.5%. The stock is up nearly 40% in the last year. Zota Healthcare is an India-based pharmaceutical company that manufactures, markets and exports a diverse portfolio of generic medicines, ayurvedic products, nutraceuticals and over-the-counter (OTC) items.

ASM Technologies

Agrawal reduced his stake by 0.4%. The stock has doubled in the last year, rising about 115%. ASM Technologies provides engineering services and product R&D, offering consulting and development in areas such as semiconductors (VLSI/FPGA), industrial electronics, storage, automotive and digital solutions (cloud, serverless).

Stanley Lifestyles

Agrawal appears to have exited the stock either through a full sale or by bringing his stake below the disclosure threshold. The stock is down nearly 50% in the last year.

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)



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