Prior to the block deal, Agrawal held 4,76,187 equity shares in the company as on March 31, 2025 as per the shareholding data available on the NSE.
Today the stock surged over 8% on the NSE to end the session at Rs 88.
MITCON Consultancy & Engineering has been a market laggard, witnessing a 24% fall over the past 12 months. This year so far, its shares have fallen by 22%. However, the stock has reversed the trend off-late, gaining 14% over the past one month.
MITCON is an Indian Technical Consulting Organization (TCO) offering solutions for technical, marketing & financial business requirements.
The company reported a consolidated net profit of Rs 1.7 crore in Q4FY25 which was up from Rs 1.6 crore reported in the year ago period. The consolidated revenue fell to Rs 39 crore in the January-March quarter versus Rs 42 crore in the year ago period. Agarwal added Jagsonpal Pharmaceuticals to his portfolio in the March quarter buying 1.74% stake in the company. He also added another smallcap stock Sahasra Electronic Solutions to his portfolio in the same quarter. Agrawal publicly holds 60 stocks with a net worth of over Rs 6,148.8 crore according to Trendlyne data.
The other stocks that are part of his portfolio include India Metals & Ferro Alloys, J Kumar Infraprojects, Neuland Laboratories, Prakash Industries, TAAL Enterprises, Capacite Infraprojects Limited, Delta Corp Limited, Gati Limited and Indo Count Industries Limited.
Also Read: Goldman Sachs buys shares worth Rs 50 crore in this smallcap stock via block deal
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