In a surprising turn of events in the stock market, renowned investor Dolly Khanna has upped her stake in Prakash Pipes, a small-cap stock known for its impressive returns. Meanwhile, fellow investor Mukul Mahavir Agrawal has chosen to reduce his holdings in the same company, creating a divergence that could leave investors pondering their next moves. This contrasting investment behavior is particularly noteworthy, as many retail traders often track the activities of prominent investors to inform their own portfolio strategies.

Dolly Khanna’s Growing Investment

As per the latest shareholding data from March 2025, Dolly Khanna has increased her investment in Prakash Pipes by 37 basis points, now owning 9,76,723 shares, which equates to a 4.08% stake. This is a notable increase from her 3.71% stake (or 8,88,052 shares) recorded in the previous quarter, December 2024. This rise in her holdings reflects Khanna’s confidence in the future prospects of Prakash Pipes.

Mukul Agrawal’s Strategic Withdrawal

Conversely, Mukul Agrawal, another prominent figure in the investment arena, has opted to pare back his involvement in Prakash Pipes. In the same quarter, he sold 35,500 shares, bringing his total to 5,64,500 shares, or a 2.36% stake—a decrease from the 2.51% stake he held previously. Agrawal’s portfolio comprises 63 listed stocks, valued at over ₹6,267.5 crore, showcasing his diverse investment strategy.

Performance of Prakash Pipes

Despite the mixed signals from these investors, Prakash Pipes has demonstrated a robust performance in the stock market. Over the past two years, the stock has surged 163%, and it has achieved an impressive 1263% increase over the last five years. However, it’s worth noting that the last year has posed challenges, with the stock experiencing a 2.5% decline and a 24% drop year-to-date (YTD).

Key Highlights:

• Dolly Khanna increased her stake in Prakash Pipes to 4.08%.
• Mukul Agrawal reduced his holding to 2.36%.
• Prakash Pipes has seen significant long-term gains despite recent setbacks.

Investors should consider the contrasting approaches of these two market veterans as they strategize their next investment moves. Whether Khanna’s bullish outlook or Agrawal’s cautious stance will prevail remains to be seen. For those looking to stay updated on market trends, following the actions of established investors like Khanna and Agrawal can provide valuable insights.