Ace investor Mukul Agrawal trims stake in two smallcaps in June quarter. Here’s how these stocks have performed


Ace investor Mukul Mahavir Agrawal has trimmed his stakes in two smallcap stocks in the quarter ended June 30, 2025 viz. Sula Vineyards and Raghav Productivity Enhancers. In case of Sula, the holding is down by 41 bps over the March quarter while for Raghav, it is down by 51 bps.

The current holdings of Agrawal are at 1.78% and 1.04%, respectively as per the latest shareholding data available on the BSE.

Agrawal’s paring of stake in Sula Vineyards comes amid a long underperformance seen in the counter. In the past year, this stock has seen its price erode by 40% while in 2025 so far, the price has declined by 28%.

As for Raghav Productivity, the D-Street bull has booked some profit after a strong rally. This stock has outperformed Nifty with a 40% rally in the past 12 months versus 2% gains by the 50-stock index in the same period.

The profit booking comes amid stock’s underperformance in 2025 where its prices have fallen by over 7% when Nifty has managed to remain positive with over 5% gains.


Agrawal has also added SME stock Monolithisch India in his portfolio in the June ended quarter. He bought 5 lakh shares in the company representing 2.30%. Not just this, he added Jammu & Kashmir Bank in his portfolio, buying a 1.27% stake in the state-run lender.Shares of Raghav Productivity Enhancers today ended flat at Rs 687.80 on the NSE while Sula Vineyard shares settled at Rs 298.50, declining by Rs 1.10 or 0.37%.Agrawal publicly holds 62 stocks with a net worth of over Rs 6,825.9 crore, according to Trendlyne data.

Some of the stocks in his portfolio are Ajmera Realty, CEAT, Allcargo Logistics, LT Foods, Deepak Fertilisers, Delta Corp, Dredging Corporation of India, De Nora, Indo Count and J Kumar Infraprojects, among others.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)



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