Mukul Agrawal has bought stakes in 3 companies, besides PTC, in the March quarter. He now has a stake of 1.8% and 1.7% in Dredging Corporation of India and West Coast Paper Mills, respectively.
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The PMS has LT Foods in its portfolio. It says that LT Foods is not like a typical FMCG company, where volumes are currently affected. Basmati being a premium rice itself is not affected by the slowdown in mass categories.
India s JK Paper on Friday reported a drop in quarterly profit for the first time in 11 months, hurt by the lower demand for its coated paper and packaging board, and higher input costs..