Mukul Agrawal enters 7 new stocks including J&K Bank, Tatva Chintan; trims Sula, InfoBeans

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Ace investor Mukul Agrawal made significant portfolio moves during the June quarter, adding seven new stocks worth around Rs 640 crore. He also increased his stake in Prakash Industries by acquiring additional shares valued at Rs 10 crore, according to the latest shareholding pattern data.

On the other hand, he reduced his holdings in six companies, offloading shares worth approximately Rs 114 crore. As of the June quarter, Agrawal’s portfolio comprised 55 stocks with a total value of Rs 6,641 crore, reflecting a 1.6 percent decline from Rs 6,752 crore in the March quarter, when he held 53 stocks.

His name also disappeared from the shareholding disclosures of Pix Transmission and Enviro Infra Engineers, indicating either a complete exit or a drop in holdings below the mandatory reporting threshold. These two stocks were previously valued at around Rs 81 crore. Meanwhile, the remaining 49 stocks in his portfolio remained unchanged.

The new additions to Agrawal’s portfolio included Valor Estate, Jammu & Kashmir Bank, Sarda Energy & Minerals, Wendt, Tatva Chintan Pharma, Yatharth Hospital, and Monolithisch—each marking their debut in his investment basket.

Among the stocks where he trimmed exposure were InfoBeans Technologies, Sula Vineyards, Raghav Productivity Enhancers, and Mitcon Consultancy.

Beyond listed equities, Agrawal participated in several pre-IPO investments. In January 2025, he acquired 5.85 lakh shares of Ellenbarrie Industrial Gases in a pre-IPO round for around Rs 24 crore; post-listing in June, this stake is now valued at over Rs 33 crore.

He also participated in the SME IPO of Unified Data Tech Solutions which listed in May 2025, acquiring 10.55 lakh shares, currently valued at around Rs 33 crore, at an undisclosed investment amount.

He also holds 24.68 lakh shares in Rite Water Solutions India, which filed draft papers in February 2025 to raise Rs 745 crore, though the acquisition price remains undisclosed. Additionally, in September 2024, Agrawal invested in Vikram Engineering’s pre-IPO round.

Among Mukul Agrawal's top five holdings, BSE is the largest, with 48 lakh shares valued at Rs 1,150 crore. This is followed by Neuland Laboratories and Radico Khaitan, where he holds 4 lakh and 14 lakh shares, valued at Rs 530 crore and Rs 370 crore, respectively.

The other two major holdings are Nuvama Wealth and Zota Healthcare, with Agrawal holding 5 lakh and 23.67 lakh shares, valued at Rs 350 crore and Rs 275 crore, respectively.