Radhakishan Damani made a fresh entry into TSF Investments, a stock that has been under pressure, declining about 12% so far this year and nearly 39% over the past year. The move stands out given the stock’s sharp correction and relatively low visibility, indicating a contrarian bet in the smallcap space.
Mukul Agrawal continued his focus on emerging companies, picking up a 1.62% stake in True Colors during the quarter. The company, which operates in the digital textile printing solutions segment, has shown strong growth, with profit rising sharply and revenue expanding at a healthy pace. The stock remains below its IPO price despite recent gains, suggesting value buying at lower levels.
Agrawal also increased exposure to infrastructure and paper plays such as Capacit’e Infraprojects, Hindustan Construction and West Coast Paper, reflecting a broader tilt towards cyclicals.
Ashish Kacholia raised stakes across multiple small and midcap names including TechEra Engineering, SG Finserve, Aeroflex Industries and Tanfac Industries, continuing his strategy of building positions in niche manufacturing and specialty segments.
Madhusudan Kela made fresh bets on Indiabulls and Simplex Infra, both of which operate in capital-intensive sectors such as real estate, financial services and infrastructure. These sectors had seen significant drawdowns during the correction, making them candidates for recovery-led plays.
Vijay Kedia added Precision Camshafts to his portfolio, a company with a strong presence in the global automotive supply chain, while Dolly Khanna picked up positions in Chennai Petroleum, Rain Industries and Sharda Cropchem, indicating interest in commodity-linked and agrochemical names.Sunil Singhania, meanwhile, initiated a position in Heritage Foods, a dairy player with a strong distribution network and steady demand profile, marking a shift towards consumption-linked stability amid volatility.
The common thread across these moves is a clear shift towards selective accumulation in smaller companies and cyclical sectors that were hit hardest during the correction. While risks remain, especially in the smallcap space, these investments suggest that seasoned investors are positioning for a recovery once broader market conditions stabilise.
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