The Kedia Securities chief has brought his holding down by 13 basis points in Elecon Engineering to 1.47% in the December quarter from 1.60% in the September quarter. As for Talbros Automotive, his stake at the end of the December quarter stood at 1.01% down 21 basis points from 1.22% in Q2 of FY2024.
The third-party administration services provider’s margins performance has been better than the industry average mainly on account of embracing digital technology support and lower employee cost.
Ashish Kacholia has brought down his stake in ADF Foods from 1.04% held as of September 2023. Shareholding of individual investors reflects in the ‘Shareholding Pattern of BSE listed companies only on reaching 1% stake or above in the company.
The smallcap counter has delivered multibagger returns of over 200% in the past 12 months, which is significantly higher than Nifty itself, which has delivered impressive returns of over 23% during this time.
Led by NRI investor Rajiv Jain, GQG had made a bold contra bet on Adani stocks in the peak of the aftermath of the Hindenburg controversy in March earlier this year.