Ace investor Mukul Agrawal added three stocks to his portfolio by picking stakes in newly listed firm Ethos Limited along with GM Breweries Limited and CL Educate Limited, the shareholding pattern of the respective companies showed, which is available on the BSE.
Agrawal bought 9,24,121 equity shares, which aggregates to nearly 4 per cent stakes in luxury and premium watch retail company Ethos, according to June 2022 BSE shareholding pattern of the firm.
Similarly, he picked 2,56,971 and 3,21,203 equity shares, which comprises 1.4 and 1 per cent stakes in GM Breweries and CL Educate, respectively, during June 2022 quarter BSE shareholding pattern of each company.
Renowned investor Mukul Agrawal publicly holds 53 stocks with a net worth of over Rs 2,302.5 crore as of July 17, 2022, according to the stock analysis website trendlyne.com.
The investor in the June quarter has so far reduced stakes in over half-a-dozen of companies, up to 0.4 per cent. The list includes OnMobile, Indian Metals, and Ferro, J Kumar Infraprojects, Parag Milk, Vardhaman Special Steel among others as per the respective shareholding pattern of the companies.
About newly picked companies
Ethos Limited is India’s one of the largest luxury and premium watch retail players having a 13 per cent share of the total retail sales in the premium and luxury segment and a share of 20 per cent when seen in the exclusive luxury segment in the financial year 2020.
GM Breweries is engaged in manufacturing and marketing of Alcoholic Beverages; such as Country Liquor (CL) and Indian-made Foreign Liquor (IMFL). Incorporated in 1981, the company is the largest manufacturer of country liquor in the state of Maharashtra with a sizeable market share.
CL Educate Ltd is in the education field, focused on diverse segments of education, and caters to learners from multiple age groups. The company has shaped the lives and careers of innumerable students over the 25 years of its existence.