How Mukul Agrawal tweaked his Rs 6,500-crore portfolio in Q3. Here’s everything you need to know

Ace investor Mukul Mahavir Agrawal reshuffled his Rs 6,500-crore equity portfolio during the December quarter, adding new names, increasing exposure to select holdings, and trimming stakes in others. The changes reflect a mix of fresh bets and tactical adjustments following sharp stock-specific corrections and a selloff in smallcap stocks in 2025. Here is a closer look at the additions, stake increases, trims, and exits made during the third quarter. Hindustan Construction Agrawal added the stock to his portfolio, acquiring a 1.68% stake, amounting to 4.40 crore shares. The entry comes after a sharp correction in the stock, which is down more than 30% over the past year. Alcargo Logistics Agrawal purchased a 2.9% stake in the company. The stock is down about 80% over the last year. Alcargo is a global integrated logistics service provider, specialising in Less-than-Container Load (LCL) consolidation, ocean/air freight forwarding, and contract logistics. Live Events Sudeep Pharma He acquired a 1.3% stake in the company. The stock is down nearly 30% in the last year. Sudeep is a major manufacturer of mineral-based pharmaceutical excipients, food-grade minerals, and specialty ingredients for industries such as pharmaceuticals, food, and nutrition. Vasa Denticity Agrawal increased his stake by 0.4%, taking the total holding to 2.4%. Vasa Denticity operates as a leading Indian B2B e-commerce platform and distributor of dental products. It supplies a wide range of over 10,000 products, including consumables, equipment, and instruments, to dentists, hospitals, and clinics, featuring 300+ brands and more than 30 of its own brands such as Waldent. Vikran Engineering Agrawal increased his stake by 0.2%. The company made its stock market debut in September last year. The stock is down 10% from its issue price of Rs 97. N R Agrawal The investor raised his stake marginally by 0.1%. The stock is down nearly 20% from its 52-week high of Rs 514 hit last year. N R Agrawal is a Mumbai-based company that manufactures paper and packaging boards, specialising in duplex boards, writing paper, and printing paper. Monolithisch Shareholding data shows that Agrawal reduced his stake by 0.2% to 2.76%. The stock is down 20.5% from its 52-week high of Rs 607 hit in November 2025. The company provides high-performance refractory solutions, including premium ramming mass for the metallurgical sector and other advanced materials. Pearl Global The investor offloaded 0.2% in the company. The stock is off to a rough start in 2026, falling nearly 15% in January alone. Pearl Global is a major multinational apparel manufacturer and exporter headquartered in India, specialising in end-to-end supply chain solutions, including design, manufacturing and sourcing for global fashion brands. InfoBeans Technologies Agrawal reduced his stake by 0.2% to 3.9%. The stock is up 97% in the last year. InfoBeans is a global IT services provider specialising in AI-led software engineering, digital transformation and product engineering. It designs, builds and maintains custom software, mobile applications and enterprise solutions for a diverse client base. Autoriders He reduced his stake by 0.7% in the company. The stock has risen over a staggering 1,100% in the last year. Autoriders is a prominent Indian car rental company specialising in chauffeur-driven and self-drive services for corporate and individual clients. Zota Healthcare Agrawal reduced his stake by 0.8%, taking the total shareholding to 7.5%. The stock is up nearly 40% in the last year. Zota Healthcare is an India-based pharmaceutical company that manufactures, markets and exports a diverse portfolio of generic medicines, ayurvedic products, nutraceuticals and over-the-counter (OTC) items. ASM Technologies Agrawal reduced his stake by 0.4%. The stock has doubled in the last year, rising about 115%. ASM Technologies provides engineering services and product R&D, offering consulting and development in areas such as semiconductors (VLSI/FPGA), industrial electronics, storage, automotive and digital solutions (cloud, serverless). Stanley Lifestyles Agrawal appears to have exited the stock either through a full sale or by bringing his stake below the disclosure threshold. The stock is down nearly 50% in the last year. (Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel) (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) 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