Prominent equity market investors such as Vijay Kedia, Dolly Khanna, Ashish Kacholia, Sunil Singhania, Mukul Agrawal, Anil Kumar Goel and Seetha Kumari who are closely monitored by market participants, have upped their investments in at least 10 small-cap stocks during the July-September 2023 quarter (Q2 FY24). In this visual story (VS), we will share details of these counters.
Khanna s holding in Delhi-headquartered Prakash Pipes stood at 3.24% at the end of the September quarter, up by 46 bps from 2.78% in the previous quarter. This is another stock which has defied market trends and outperformed Nifty on 1-year and YTD basis and given over 80% returns in both timeframes.
Prakash Pipes shares climbed 4.5 per cent in Thursday's trade to hit a fresh high of Rs 310.65 on BSE. With this, the stock has climbed 132 per cent from its January low of Rs 134. This did not deter Khanna buy more quantities.
BSE Sensex shed 64.66 points, or 0.10 per cent, to end the session at 66,408.39. NSE's Nifty50 fell 17.35 points, or 0.09 per cent, to end the day at 19,794 for the day.