Stocks Jhunjhunwala, Kacholia & other big investors bought and sold in Q3

Renowned investors Rakesh Jhunjhunwala, Ashish Kacholia, Anil Kumar Goel and Dolly Khanna largely stayed put and only tweaked their portfolio stocks in the December quarter.

Jhunjhunwala and his wife Rekha Jhunjhunwala together raised their stake in NCC by 1.3 percentage points to 10.78 per cent during October-December, from 9.45 per cent in the September quarter.

Jhunjhunwala cut stake in DHFL by 0.73 percentage point to 2.46 per cent, from 3.19 per cent earlier. The Big Bull upped stake in AptechNSE -1.85 % by 0.2 percentage point to 12.80 per cent but sold 3,25,000 shares in Rallis India to cut his holding to 9.3 per cent.

Ashish Kacholia was seen entering IFB Industries. He held 4,25,810 shares, or 1.1 per cent stake, in the consumer goods company as of the December quarter. Kacholia never had more than 1 per cent stake in this company, data compiled from database AceEquity suggest. Data showed he had 1.62 per cent stake in Hikal as of December-end.

Kacholia was seen buying into a couple of smallcap scrips, including V2 Retail, where he increased his stake to 2.56 per cent, up 123 basis points from 1.33 per cent in the September quarter and 1.06 per cent in the June quarter.

Similarly, Kacholia hiked stake in IT firm Mastek to 1.97 per cent in the three months to December, from 1.73 per cent in the September quarter. He bought further shares in KPIT Technologies (up 0.18 per cent) and NOCIL (0.08 per cent). This investor is known to hold at least two dozen stocks. Data for just over half of them are out so far.

Goel largely sat tight on his holdings. Of 20 of his three dozen smallcap holdings, whose data are available, he was seen buying an additional 1.38 lakh shares of KRBL and 2,000 shares and 1,000 shares in IG Petrochemicals and Majestic Auto, respectively, during the quarter under review.

The quarter was marked by a recovery in small and midcap indices, which gained up to 6 per cent.

Chennai-based Dolly Khanna bought additional shares of MuthootNSE -1.65 % Capital Services,Nocil, Radico KhaitanNSE -0.65 % and Tata Metaliks during October-December. She held 1.86 lakh shares, or 1 per cent stake, in Associated Alcohols & Breweries as of December-end 2018.

Her name was not among key shareholders in the company in the preceding quarter. She offloaded some shares in companies such as Manappuram Finance and Rain Industries during the said period.

Ashish Dhawan made no changes to four of six known holdings. His investments in IDFC (3.5 per cent), South India Bank (1.6 per cent), Palred Technologies (7 per cent) and Grenlam Industries (5.7 per cent) stayed intact during the quarter in question. Brigade Enterprises and Equitas Holdings are his two portfolio holdings which are yet to report shareholding data.

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