Suresh Kumar Agarwal added these three stocks to his portfolio
Suresh Kumar Agarwal is a multi-faceted personality. The stock market maven from Kolkata, who also holds multiple academic degrees in yoga, homeopathy, naturopathy, law and management, has been active in the market for the last three decades.
He currently owns nearly a dozen stocks worth around Rs 370 crore.
While the value of his investments in the large cap space is not known given the requirement that disclosures are made for only shareholders owning more than 1% of a listed company every quarter, Agarwal has a clutch of small and mid-cap stocks in his portfolio.
To be sure, almost a third of his holding is attributed to one stock NIIT Ltd.
But he does own shares of ten other companies including three that he bought in the last quarter.
Some of the other names he has been holding for at least a year now include Shaily Engineering Plastics, Caplin Point Laboratories, Rupa & Company, Stylam Industries, Bansisons Tea Industries, Kalyani Commercials and Heranba Industries.
Meanwhile, Agarwal added three new stocks to his portfolio: Manaksia, Repro India and Fineotex Chemical.
Manaksia is a four-decade-old small cap company, previously known as Hindusthan Seals. Headquartered in Kolkata, it engages in the trading and export of steel, aluminium and packaging products. Besides its operations in India, it also has a presence in Africa, specifically in Nigeria and Ghana. It specialises in packaging products (crowns, closures and metal containers), and other metal products among others.
Repro India is into publishing services. Its business units include physical book distribution, print on demand, offset printing, and digital services.
Fineotex Chemical is part of the Fineotex Group that was founded in 1979 by Surendra Tibrewala, and has evolved into a specialty chemicals manufacturer that caters to multiple sectors such as textile, home care, hygiene, mining, garment, water treatment, leather, construction, paint, agrochemicals and adhesives.
"India, a land of opportunities, boasts one of the world's most popular stock markets. Within its dynamic landscape, the stock market presents significant potential for wealth accumulation for those who navigate it skillfully. Yet, it's essential to acknowledge the inherent risks; only a select group of accomplished traders consistently achieve profits.
- Nov 28, 2023Read More
Post the extended weekend, our markets started the day marginally positive and traded within a narrow range. However, the last hour of the trade witnessed good momentum and the Nifty index surpassed the recent swing high and ended tad below 19900 with gains of half a percent.
- Nov 28, 2023Read More