Top Investors Dolly Khanna, Vijay Kedia, and Mukul Agrawal Boost Holdings in 4 Stocks During Q3
Renowned investors Dolly Khanna, Vijay Kedia, and Mukul Agrawal have been actively increasing their stakes in various companies. Khanna has expressed 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.
Dolly Khanna has recently increased her stake in the following stocks:
1. Indian Metals and Ferro Alloys Limited
Indian Metals and Ferro Alloys Limited, with a market capitalization of Rs. 4,683.22 crores, saw its share price close at Rs. 868 per share, a decrease of 3.36 percent from its previous close of Rs. 898.15. In December 2024, Dolly Khanna acquired a fresh stake of 1.16 percent in the company, amounting to a holding value of Rs. 56.1 crore with ownership of 6,23,464 shares. The company’s revenue increased from Rs. 693 crore in Q2 FY24 to Rs. 692 crore in Q2 FY25, a growth of 0.14 percent. Additionally, the net profit of Indian Metals and Ferro Alloys Limited rose by 40.44 percent from Rs. 89 crore in Q2 FY24 to Rs. 125 crore in Q2 FY25. Established in 1961 and based in Odisha, India, Indian Metals and Ferro Alloys Limited (IMFA) is the largest producer of ferro chrome in India, with a capacity of 190 MVA. IMFA is also involved in power generation and mining activities.
2. Prakash Industries Limited
Prakash Industries Limited, with a market capitalization of Rs. 2,699.66 crores, had its share price close at Rs. 150.75 per share, a decrease of 3.12 percent from its previous
Prakash Industries Limited has experienced a significant growth in revenue, increasing from Rs. 889 crore in Q2 FY24 to Rs. 1,077 crore in Q2 FY25, marking a 21.15 percent increase. Similarly, the net profit of Prakash Industries Limited has also seen a slight rise of 1.12 percent, going from Rs. 89 crore in Q2 FY24 to Rs. 90 crore in Q2 FY25.
Established in 1980 and headquartered in New Delhi, India, Prakash Industries Limited specializes in manufacturing steel products and power generation. The company’s operations encompass sponge iron production, steel melting, and mining, catering to various industrial sectors.
Vijay Kishanlal Kedia has increased his stake in Elecon Engineering Company Limited, a company with a market capitalization of Rs. 13,451.65 crores. The share price of Elecon Engineering Company Limited closed at Rs. 599.45 per share, showing a decrease of 0.94 percent from its previous close of Rs. 605.15. As of December 2024, Vijay Kishanlal Kedia has raised his stake by 0.9 percent, reaching a total of 2.2 percent, up from 1.3 percent in September 2024.
Elecon Engineering Company Limited has also witnessed growth in revenue, climbing from Rs. 889 crore in Q2 FY24 to Rs. 1,077 crore in Q2 FY25, reflecting a 21.15 percent increase. The net profit of Elecon Engineering Company Limited has similarly risen by 1.12 percent, moving from Rs. 89 crore in Q2 FY24 to Rs. 90 crore in Q2 FY25.
Founded in 1951 and headquartered in Anand, Gujarat, Elecon Engineering Company Limited specializes in manufacturing material handling equipment and industrial gear. The company caters to sectors such as power
Hind Rectifiers Limited has experienced a significant growth in revenue, increasing from Rs. 132 crore in Q2 FY24 to Rs. 166 crore in Q2 FY25, marking a 25.76 percent increase. Additionally, the net profit of Hind Rectifiers Limited has seen a substantial rise of 150 percent, climbing from Rs. 4 crore in Q2 FY24 to Rs. 10 crore in Q2 FY25.
Established in 1958 and headquartered in Mumbai, India, Hind Rectifiers Limited is a leading manufacturer of power semiconductor devices and electronic equipment catering to industries such as railways, aviation, and telecommunications. Their product line includes rectifiers, transformers, and propulsion systems.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.