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ET Markets - Stocks 43d ago
Ace investors take a hit on portfolios in March quarter
Top Indian investors saw their portfolios shrink in the first quarter. Hemendra Kothari and Mukul Agrawal experienced over 25% declines. Madhusudan Kela's holdings fell 21%. The portfolios of Rakesh Jhunjhunwala's family and Anil Kumar Goel were least affected. This period marked a sharp market downturn impacting many.
ACEMADHUSUDANTAKECapital GoodsFast Moving Consumer Goods
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ET Markets - Stocks 91d ago
Madhusudan Kela picks beaten-down smallcap bets; buys Indiabulls, Simplex Infra in Q4
Ace investor Madhusudan Kela has bought stakes in Indiabulls Limited and Simplex Infrastructures Limited. These companies have seen recent underperformance. Kela's move signals a contrarian investment strategy. His portfolio includes other companies like Kopran and Bombay Dyeing. This selective accumulation in beaten-down stocks is a key highlight.
ACEBFINVESTBOMDYEINGIBULLSLTDINFRAKOPRANMADHUSUDANSIMPLEXINFSMALLCAPCapital GoodsConstruction