Smart cash laps up midcaps and smaller cos amid marketplace rebound

Some of India’s most astute investors shuffled their equity portfolios throughout the June quarter amid the sharp rebound inside the markets after the droop of the previous two months. A know about of their portfolios sourced from the ETIG Database showed that consumers along with Rakesh Jhunjhunwala and Radhakishan Damani lapped up stocks of mid and small-cap firms.

The know about captures shareholding changes in firms where they seize over 1 in line with cent. Jhunjhunwala figures among shareholders of mid-caps similar to Autoline Industries, Dishman Carbogen and Indian Hotels. Damani owns 1 in line with cent or additional of Mangalam Organics, BF Utilities and Astra Microwave. Enam’s Akash Bhanshali has a 4 in line with cent stake in

Vascon Engineers. Ashish Kacholia, known for his mid and small-cap alternatives, has raised stakes in HLE Glasscoat and Religare Enterprises and pared holdings in DFM Foods via 0.85 in line with cent and in KPIT Tech via 0.58 in line with cent. Chennai-based Dolly Khanna has presented marginal stakes in NOCIL and Rain Industries. Anil Kumar Goel, who has been bullish on sugar, has raised stakes in Magadh Sugar and Avadh Sugar on the other hand has trimmed holdings in Dhampur Sugar via 0.3 in line with cent. He has moreover scale back stake in Samtex Fashions, Cosmo Films and Mazda.

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