Mr. Mukul Agrawal’s Picks Performance
About Mukul Agrawal
Mukul Agrawal has emerged as a notable figure in the Indian stock market, making his foray in the late 1990s. His investment approach is characterized by its aggressiveness, grounded in thorough analysis. Agrawal is known to take calculated risks, particularly with penny stocks that carry the potential to turn into multibaggers. Notably, he manages two distinct portfolios, one dedicated to long-term investments and another tailored for trading purposes.
The latest disclosures on corporate shareholdings reveal that Mukul Agrawal holds a public stake in 53 different stocks, amassing a substantial net worth exceeding Rs. 4,497.1 Cr. His strategic investment choices and diversified holdings underscore a seasoned approach to navigating the complexities of the stock market.
In the dynamic world of stock markets, certain picks shine brighter than others. Mukul Agrawal, a seasoned investor, recently made headlines with a phenomenal gain of Rs 38.59 crore in just one day, courtesy of his strategic investment in BSE Limited. Let's delve into this superstart portfolio pick and explore the outstanding performance that catapulted the stock to new heights.
BSE Limited's Remarkable Surge:
Shares of BSE Limited witnessed an impressive 9.08% surge on Monday, fueled by robust buying activity. This surge is emblematic of the company's stellar performance over the last six months, with an astonishing gain of more than 300%. Notably, the stock reached a fresh 52-week high, signifying the vigor of its upward trajectory.
Mukul Agrawal's Profits:
Ace investor Mukul Agrawal's astute decision to hold a 1.48% stake in BSE Limited bore fruit on Monday, as he reaped a substantial profit of over Rs 38.59 crore. With ownership of 20,00,000 shares in BSE, Agrawal has witnessed multibagger returns, exceeding an impressive 1000% over the past five years.
Solid Quarterly Results:
The surge in BSE's stock is not without merit, as the company reported robust quarterly results for Q2FY24. Year-on-year, the revenue witnessed a significant uptick of 59.07% to Rs 314.51 crore. The operating profit and profit after tax (PAT) displayed stellar growth, recording increases of 249.77% and 591.38%, reaching Rs 194.19 crore and Rs 99.42 crore, respectively.
Insights into BSE Limited:
BSE Limited, located at Dalal Street in Mumbai, stands as the first-ever stock exchange in Asia, established in 1875. It holds the distinction of being the first stock exchange in India to receive permanent recognition under the Securities Contract Regulation Act, 1956. With a trading speed of 6 microseconds, BSE is recognized as the fastest stock exchange globally and is a leading player in India's exchange landscape.
The outstanding growth displayed by BSE Limited underscores the potential of this superstart portfolio pick. As investors, keeping a close eye on such stocks can provide valuable insights into market dynamics and potential opportunities for multibagger returns.
|Stock Price Surge (Monday)||Over 9.08%|
|Gain in One Day||Rs 38.59 crore|
|Total Stocks Held by Mukul Agrawal||53|
|Mukul Agrawal's Net Worth||Over Rs 4,497.1 Cr|
|Mukul Agrawal's Stake in BSE Ltd||1.48%|
|BSE Stock Gain (Last Six Months)||Over 300%|
|BSE Stock Gain (Last Five Years)||Over 1000%|
|Q2FY24 Revenue Growth (YoY)||59.07%|
|Operating Profit Growth (YoY)||249.77%|
|PAT Growth (YoY)||591.38%|
|BSE Trading Speed||6 microseconds|
|Establishment Year of BSE||1875|
|First Stock Exchange in Asia||Yes|
|Permanent Recognition Year||1956|
|BSE as Fastest Stock Exchange||Yes (Globally)|
In conclusion, Mukul Agrawal's strategic investment in BSE Limited has not only demonstrated his acumen as an investor but also highlighted the remarkable performance of this stock. As the company continues its upward trajectory, investors would be wise to monitor this superstart portfolio pick for potential opportunities in the ever-evolving world of finance.
Frequently Asked Questions
DisclaimerInvestment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.
Copper prices saw a modest 0.33% gain, reaching 722 on Thursday, as worries about a slowdown in Chinese manufacturing loomed large. The November's NBS Manufacturing PMI slipped to 49.4, the second consecutive monthly decline, heightened concerns, emphasizing the need for additional government support to fortify China's economic growth. The NBS Non-Manufacturing PMI at 50.2, reflecting the 11th month of service sector expansion, hinted at a softer pace.
- Dec 01, 2023Read More
Our markets started the truncated week on a positive note and it rallied higher throughout the week. The first day of the December month infact witnessed a new record as the Nifty surpassed its previous high and ended in uncharted territory above 20250 with weekly gains of almost two and a half percent.
- Dec 01, 2023Read More