Mukul Agarwal, often referred to as one of India’s equivalent to Warren Buffett, has made headlines once again with his recent investment decisions. Ranking 5th among India’s top super investors based on portfolio net worth, Agarwal’s actions are closely watched by investors who eagerly await any shifts in his strategy. His investment philosophy not only spans traditional stocks but also ventures into sectors ripe for innovation and growth, making his insights valuable for anyone in the investment community.

Recent Portfolio Adjustments by Mukul Agarwal

When a prominent investor like Agarwal makes substantial changes to his portfolio, it’s a signal for others to take notice. Recently, he divested from five companies, prompting discussions about the implications for individual investors. Here’s a closer look at the stocks he sold.

1. Allcargo Logistics Ltd

Founded in 1993, Allcargo Logistics is a leading name in India’s logistics sector, specializing in multimodal transport and contract logistics. With a current market capitalization of ₹2,998 crore, it stands out as the largest private integrated logistics provider in the country.

• Mukul Agarwal’s Stake: He initially acquired a stake in this company in September 2021, which has now diminished to below 1%.
• Growth Metrics: Over the past five years, sales have increased at a compound annual growth rate (CAGR) of 14%, but EBITDA growth has been minimal at less than 1%. Notably, net profits fell from ₹248 crore in FY19 to ₹140 crore in FY24.
• Stock Performance: The price rose from around ₹14 in April 2020 to ₹30.8 by April 24, 2025, marking a 120% increase.

2. Dredging Corporation of India Ltd

Dredging Corporation, a key player in India’s dredging services, commands over 80% of the market share in maintenance dredging for major ports. The company boasts a market cap of ₹1,722 crore.

• Mukul Agarwal’s Stake: His investment, once at 1.6%, has now dropped below 1%.
• Performance Overview: The company has experienced a sales growth rate of 6% over five years, with net profits declining slightly from ₹38 crore in FY19 to ₹36 crore in FY24.
• Stock Surge: The stock price skyrocketed from ₹224 in April 2020 to ₹615, an impressive 175% rise.

3. Sarda Energy & Minerals Ltd

Established in 1973, Sarda Energy specializes in the production of steel and power, operating with a current market cap of ₹17,379 crore.

• Mukul Agarwal’s Stake: His stake has also fallen below 1%.
• Growth Analysis: The company’s sales and EBITDA both increased at a CAGR of 11%, while net profits surged 21% over five years.
• Stock Value: The share price has seen a dramatic rise of nearly 3,700%, moving from ₹13 in April 2020 to ₹493 by April 2025.

4. Quick Heal Technologies Ltd

Quick Heal Technologies, a leader in cybersecurity solutions, holds a significant 30% market share in India’s cybersecurity sector and has a market cap of ₹1,580 crore.

• Mukul Agarwal’s Stake: His investment has decreased from 1.3% to below 1%.
• Financial Performance: Sales have slightly declined from ₹315 crore to ₹292 crore, while EBITDA plummeted from ₹128 crore to ₹18 crore over five years.
• Stock Growth: The stock rose from ₹102 in April 2020 to ₹292, a 186% increase.

5. Ethos Ltd

Founded in 2007, Ethos is India’s premier luxury watch retailer, capturing 13% of the premium watch market. The company’s market cap stands at ₹6,573 crore.

• Mukul Agarwal’s Stake: His ownership has also dipped below 1%.
• Sales Growth: The company reported a remarkable 18% CAGR in sales, with net profits climbing 44% over the last five years.
• Stock Performance: Shares increased from ₹745 at its June 2022 listing to ₹2,685 by April 2025, reflecting a 260% growth.

The Impact of Agarwal’s Divestments

Mukul Agarwal’s recent sell-offs have caused quite a stir in the investment community. His decisions raise questions: Did he liquidate these positions after achieving his targets, or does he anticipate a plateau in their growth potential? While only he knows the full details of his strategy, investors should stay informed about such significant market movements.

Keeping an eye on the actions of leading investors like Mukul Agarwal can provide valuable insights into potential market trends. Understanding these shifts may help investors make informed decisions in the ever-changing landscape of stock investments.

As a reminder, this article serves to provide insights and foster discussion about the market. For personalized investment advice, it’s always best to consult with a financial advisor.