Mukul Agrawal portfolio stock: Ace investor Mukul Agrawal bought a stake in Stanley Lifestyles during the September quarter of the current financial year, according to BSE data.
The shareholding pattern data of Stanley Lifestyles for the September quarter (Q2) reveals that Mukul Mahavir Agarwal held 9,00,000 company shares, equivalent to a 1.58 per cent stake.
According to exchange rules, a listed company must disclose the names of all shareholders who own one per cent or more of the company's shares. However, if the stake is less than one per cent, the names of shareholders are not required to be disclosed.
According to the September quarter shareholding pattern data, mutual funds cumulatively held about 19.65 per cent of the company's shares; Nippon Life India Trustee Ltd held 8.83 per cent, SBI Consumption Opportunities Fund had 6.01 per cent, and Franklin India Opportunities Fund had 3.25 per cent.
Foreign portfolio investors (FPIs) had a 4.98 per cent stake in the company by the end of the quarter.
The stock debuted on Indian bourses on June 28 this year. On the BSE, the stock was listed at ₹499; on the NSE, it was listed at ₹494.95 against the issue price of ₹369. The stock has gained over 30 per cent against the issue price.
Shares of the company hit their all-time high of ₹627.30 on July 12 and an all-time low of ₹440 on October 8 on the BSE this year.
On Wednesday, October 23, the small-cap stock opened at ₹491 against its previous close of ₹481.35 and climbed nearly 3 per cent to the level of ₹494.90. Around 10:45 am, the stock traded 0.95 per cent higher at ₹485.90.
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