Top 4 Stocks Held by Mukul Agrawal Under Rs 250

There are many seasoned investors in the Indian stock market, one of whom is Mukul Agrawal.

With over two decades of investing experience, Agrawal has carved a niche, earning recognition for his aggressive investment strategies and significant contributions to the capital market.

His recent stakes largely in the small-cap segment, bear testimony to his investment style which is largely aggressive, hawking for multi-baggers that are capable of astronomical returns.

Who is Mukul Agrawal?

In 1993, Mukul Agrawal founded Param Capital Group. Agrawal's commitment to supporting and identifying innovative businesses has shaped its vision, making it a prominent player in the capital market trading and investment landscape.

In recent times, there have been significant developments in Mukul Agrawal's portfolio.

Today, we'll look at the top 4 holdings of Mukul Agrawal below Rs 250.

#1 Allcargo Logistics

Incorporated in 1993, Allcargo Logistics provides integrated logistics solutions and offers specialised logistics services across multimodal transport operations. The company operates mainly in the international supply chain business.

Allcargo Logistics acquired Gati Logistics Ltd, which was incorporated in 1989. The company name was changed to Allcargo Gati in October 2023.

The company handled 818,000 cubic meters of less-than-container load (LCL) shipments, a 5-6% increase from the previous month and matching the highest volumes recorded in a different trade cycle a few years ago.

The company's revenue for the first quarter of FY25 stood at Rs 38.1 bn as compared to Rs 32.7 bn in the same period a year ago and Rs 33.9 bn during the fourth quarter of FY24. The company reported a consolidated net profit of Rs 0.04 bn as against the loss of approximately Rs 0.12 bn reported during the fourth quarter of FY24.

Global events coupled with high demand across trade lanes during the second quarter led to improved volumes and increased freight rates.

Mukul Agrawal holds a 1.3% stake in this company as of June 2024.

At the current price of Rs 61.4, Allcargo Logistics commands a market cap of Rs 60.3 bn.

Here's how the stock price has performed in the past 1 year -

Allcargo Logistics aims to move 80% of its operational workloads to the cloud by the end of 2025. This will allow the company to be more flexible and scalable, and to optimise costs.

To know more, check out Allcargo Logistics financial factsheet.

#2 Allcargo Gati Ltd.

Allcargo Gati Ltd is a pioneer and leader in express distribution and supply chain solutions in India. It is engaged in the business of E-commerce logistics and running of fuel stations.

The company has launched many path-breaking initiatives in the logistics segment. The business of the company is the movement of cargo from one place to another using multimodal transport models - road, rail, air & sea. They also offer specialised logistics services.

A month ago, Allcargo Gati announced a 10.2% average general price increase (GPI) effective from 1 January 2025, for its express distribution services (the first price revision since Allcargo Logistics Limited's strategic acquisition of Gati in 2019).

Amid rising fuel costs especially after the ongoing geopolitical conditions and inflationary pressures, this smart move will help the company in maintaining the high standards of service that the customers expect and also to adjust for inflation going ahead.In July 2024, Allcargo Gati raised Rs 1.6 bn by issuing equity shares through a QIP, proceeds of which will be invested towards technology, infrastructure, and deleveraging the balance sheet. The company is debt-free with a net cash positive of Rs 1.9 bn after the QIP.

Notably, the company recorded an 8% month-on-month increase in total volume for July 2024. This growth is attributed to early preparations for the upcoming festive season, which typically drives higher demand for logistics services.

Apart from Mukul, Nandan Nilekani's wife Rohini Nilekani acquired a stake worth Rs 85.5 m in Allcargo Gati Ltd. through open market transactions three weeks ago.

To meet the growing demand, the company has collaborated with multinational brands and major e-commerce players, launching last-mile delivery operations for e-commerce giants in Maharashtra and West Bengal.

The company runs 15 mother hub sorting centers for its e-commerce customers, which are operationally optimised and capable of delivering more than capacity during the festive season.

Allcargo Gati is expanding its fleet and infrastructure to ensure resilience and sustainability. It's overhauling entire Enterprise Research Planning (ERP) platform to improve delivery efficiency. Going ahead, the company is looking to focus on data analytics to make data-driven decisions.

Mukul Agrawal holds a 4.8% stake in this company as of June 2024.

At the current price of Rs 108, Allcargo Gati commands a market cap of Rs 15.9 bn.

Here's how the stock price has performed in the past 1 year -

#3 Prakash Industries Ltd.

Prakash Industries is engaged in the business of manufacturing and sale of steel products and generation of power.

The company's product portfolio includes sponge iron, steel billets, ferro alloys, wire rods, HB wires, and TMT bars.

In July 2024, the Ministry of Forest & Climate Change, State Government of Chhattisgarh granted its final nod for the Bhaskarpara commercial coal mine.

This is good news for the company since the coal supplies from this mine shall provide stability to the company's integrated steel operations and result in significant cost reductions.

Additionally, this being a commercial mine, it shall also boost the revenue and profitability through the sale of coal in the open market. The stock surged nearly 8% after this announcement.

The company is continuing to enjoy coal linkages from Coal India Ltd. which not only provides uninterrupted supplies but also adds to the profitability of the company. In addition, the company is also getting supplies of iron ore from its captive iron ore mine in Sirkaguttu, Odisha.

At the current price of Rs 169, Prakash Industries commands a market cap of Rs 30.3 bn.

Here's how the stock price has performed in the past 1 year -

During the year, the company achieved net sales of Rs 36.7 bn as against Rs 34.4 bn in the previous year, up by 7%. The EBITDA for the year was Rs 5.5 bn as against Rs 4.2 bn in the previous year, registering growth of 31% over the previous year.

Other ace investors apart from Mukul Agrawal who has identified this counter include Dolly Khanna who has a 1.2% stake in the company. Mukul holds around 1.4% of this company as of June 2024.

Going forward, the company expects further higher volume growth in the ensuing quarters due to a push in demand from infrastructure, construction, and other key sectors.

To know more, check out Prakash Industries financial factsheet.

#4 Thomas Cook (India) Ltd.

Thomas Cook offers a broad spectrum of services that include foreign exchange, corporate travel, MICE, leisure travel, visa & passport services, and e-business.

In a bid to strategically leverage the strong and growing Indian consumer demand for nature and outdoor experiences, Thomas Cook and SOTC Travel, have launched a unique range of autumn holidays.

In addition, Thomas has inaugurated many new franchises in the past two months.

That apart, Thomas Cook joined hands with Atirath Technologies to co-develop AI solutions for the travel sector. The JV will hold an equal stake in Indian horizon marketing services, presently a whollowned subsidiary of Thomas Cook India.

The company has cited Uber trip data that suggest Indians are traveling extensively, with the number of overseas travellers being second only to Americans. The AI-powered platform is mainly launched with the motive to drive sales growth and enhance customer engagement.

Additionally, the company has also partnered with NPCI (National Payments Corporation of India) to launch its first prepaid RuPay Forex card for Indian visitors travelling to UAE. The partnership commences with the UAE as a pilot, which will be followed by a global rollout in a phased manner.

To make the most of the association with Cricket Australia, Thomas Cook and SOTC Travel have created a variety of appealing group and customised tours centered on the five Border-Gavaskar test matches.

As a result of their partnership, the companies have created a collection of outstanding travel experiences for cricket enthusiasts that are centered around the five exciting Test matches that will take place between 22 November 2024 and 7 January 2025.

Mukul Agrawal holds a 1.1% stake in this company as of June 2024.

At the current price of Rs 190, commands a market cap of Rs 89.6 bn.

Here's how the stock price has performed recently -

The total income experienced an impressive Y-o-Y growth of 45% in FY24, reaching Rs74.4 bn. EBITDA soared to Rs 5.7 bn in FY24, marking significant growth from Rs 2.4 bn in FY 2022-23 at the group level.

Moving ahead, the company plans to expand its geographical reach, particularly in tier 2 and 3 cities, leveraging both online and offline channels.

To know more, check out Thomas Cook's financial factsheet.

Snapshot of Mukul Agrawal Stocks on Equitymaster's Stock Screener

Here's a table showing the stocks held by Mukul Agrawal on various important parameters -

Conclusion

Mukul Agrawal's investment strategy is considered aggressive. He usually invests after proper analysis and takes a risk with stocks that can become future multi-baggers.

Mukul Agrawal's journey from the late 1990s to the present day is a testament to his financial acumen, strategic vision, and commitment to fostering growth in various sectors.

Beyond the stock market, Agrawal's philanthropic endeavours and family-centric approach highlight the multifaceted nature of this financial maverick, as he continues to shape the landscape of Indian finance.

How he rejigs his portfolio in the coming quarters remains to be seen.

We will keep you updated on all the developments from this space.

Stay tuned and happy investing.

Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. Learn more about our recommendation services here...