Mukul Agrawal Portfolio: Why Did the Ace Investor Reduce His Stake in This Steel and Lighting Stock?
India, July 18 -- Ace investor portfolios are closely tracked because their entry and exit decisions often carry signals about a business. One such investor has been trimming his position in a diversified steel pipes and lighting company over the past several quarters, and the shareholding pattern now shows his stake has slipped below the 1% threshold for the first time.
With a market capitalisation of Rs.5,337 Crores, shares of Surya Roshni Ltd. closed at Rs.246.65 per share, i.e.0.7% below its previous closing price of Rs.248.40. It has a P/E ratio of 18.91.
The Investor's Journey With the Stock
Surya Roshni Ltd. is a diversified manufacturer with operations spanning steel pipes and strips, and lighting and consumer durables. It holds...
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