Ace investors Ashish Kacholia, Sunil Singhania, and Dolly Khanna trimmed or exited four stocks in the September quarter. Data showed shareholdings fell below the 1% threshold for some, while others saw sharp stake cuts. These moves follow mixed market performance, as some stocks gained while others fell this year.
Ace investors Ashish Kacholia, Sunil Singhania, Dolly Khanna and others have trimmed or likely exited select stocks in the September quarter, raising questions about their investment strategies amid sharp price swings. While some of these stocks have delivered strong gains this year, others have faced steep declines. Here is a look at four stocks where prominent investors have reduced their exposure or potentially exited their holdings.
Abakkus Flexi Cap Fund has likely exited Cyient DLM, with its shareholding falling below the 1% disclosure threshold. Trendlyne data showed that Sunil Singhania had increased his stake in the company by 0.2% in Q1. The potential exit comes after a sharp rally in the stock, which surged 210% over six months and gained around 140% since the beginning of the year.
Ashish Kacholia has likely exited the company, with its shareholding falling below the 1% disclosure threshold. The stake sale comes after Kacholia held a 1.4% stake for three consecutive quarters. The stock is down 61% since the beginning of this year.
Ashish Kacholia has sharply reduced stake in the company to 2.7% from 3.5% , data from the exchanges showed. The stock is down 13% since the beginning of this year. Carysil, formerly known as Acrysil manufactures and exports composite quartz granite and stainless-steel kitchen sinks, faucets and built-in kitchen appliances. Its product portfolio also includes appliances such as hobs, ovens, chimneys and dishwashers.
Dolly Khanna, the ace investor has sharply reduced stake in the company to 1% from 1.33% , data from the exchanges showed. The stock is up 75% since the beginning of this year.