Mukul Agarwal Portfolio: Ace investors in the Indian stock market are known to invest in stocks that generate alpha returns in a quick period of time. For those retail investors who scan the Mukul Agarwal portfolio for value picks, there is good news. Ace investor Mukul Agarwal’s name has recently surfaced in the shareholding date of Suryoday Small Finance Bank for the quarter ended December 2022.
Mukul Agarwal Shareholding
As per the shareholding pattern of Suryoday Small Finance Bank for the October to December 2022 quarter, Mukul Agarwal is shown holding 2 lakh shares of the small finance bank, which is 1.88 per cent of the total paid-up capital of the private lender. However, Mukul Agarwal’s name is missing from the list of individual shareholders of Small Finance Bank in the quarter July to September 2022. This means that the top investor has bought new shares of Suryoday Small Finance Bank in the third quarter of the current financial year.
However, we cannot establish whether Mukul Agarwal bought all these shares in Q3 FY 2022-23 or he bought some shares in Q3 FY 2023 and retained some shares from the previous quarter . As per shareholding data rules, it is mandatory for a listed company to share the names of all the individual shareholders Who? owns one percent or more of the company’s shares. There is a possibility that Mukul Agarwal held some shares of the bank earlier but his net The stake in the bank was less than 1 per cent. After buying new shares of the bank, his total stake in the bank has crossed 1 per cent and hence his name appears in the shareholding data of Suryoday Small Finance Bank.
Click here to read the latest news of the stock market
However, there is also a possibility that Mukul Agarwal may have bought all these shares in the third quarter of FY 2022-23. Therefore, we can neither establish that Mukul Agarwal bought all these shares in Q3 FY2023 nor that he held some shares earlier and bought some more during Q3 FY2023, thereby Because his shareholding had exceeded 1 per cent of the total paid-up capital of the bank.
Suryoday Small Finance Bank Shares have been trending upwards since last few months as banking stocks have moved up from all around. since 80 115 each, to the tune of 40 percent in the last six months. However, post the start of the new year 2023, shares of Suryoday Small Finance Bank have been under the heat of profit-taking and the stock has declined nearly 6.50 per cent in YTD time.
Know your inner investor
Do you have guts of steel or are you a victim of insomnia regarding your investments? Let’s define your investment approach.
catch all business News, market news, breaking news events and breaking news Update on Live Mint. download mint news app To get daily market updates.