In Conversation with Mukul Agrawal

Mukul Agrawal has emerged as a notable figure in the Indian stock market, making his foray in the late 1990s. His investment approach is characterized by its aggressiveness, grounded in thorough analysis. Agrawal is known to take calculated risks, particularly with penny stocks that carry the potential to turn into multibaggers. Notably, he manages two distinct portfolios, one dedicated to long-term investments and another tailored for trading purposes.

The latest disclosures on corporate shareholdings reveal that Mukul Agrawal holds a public stake in 53 different stocks, amassing a substantial net worth exceeding Rs. 4,497.1 Cr. His strategic investment choices and diversified holdings underscore a seasoned approach to navigating the complexities of the stock market.

In the dynamic world of stock markets, certain picks shine brighter than others. Mukul Agrawal, a seasoned investor, recently made headlines with a phenomenal gain of Rs 38.59 crore in just one day, courtesy of his strategic investment in BSE Limited. Let's delve into this superstart portfolio pick and explore the outstanding performance that catapulted the stock to new heights.

Sector Wise Holding

In conversation with Mr. Mukul

Question - What recent investment has made by you in the stock market?
Answer – I have recently bought a stake in the solar energy stock Gensol Engineering Ltd.

Question - What is the extent of your investment in Gensol Engineering?
Answer - As of the second quarter of the fiscal year 2023-24, I hold two lakh shares of Gensol Engineering, constituting 1.64% of the total paid-up capital of the company.

Question - Was this your first investment in Gensol Engineering, and when did you acquire these shares?
Answer - No, my name was absent from the shareholding pattern in the April to June 2023 quarter. However, I acquired the two lakh shares during the July to September 2023 quarter.

Question - How did Gensol Engineering's stock perform recently, and what event affected its trading?
Answer - The stock of Gensol Engineering went through a consolidation phase after trading ex-bonus on October 17, 2023. The ex-bonus trading was conducted to finalize eligible shareholders for the issuance of 2:1 bonus shares.

Question – Can you please share the key details about Gensol Engineering's recent project in Kargil, Ladakh?
Answer - Gensol Engineering Limited has been identified as the lowest bidder for an Engineering, Procurement, and Commissioning (EPC) contract for a green hydrogen-based mobility station in Kargil, Ladakh. The project, commissioned by the National Hydroelectric Power Corporation Ltd. (NHPC), aims to operate buses powered by hydrogen fuel cells in the region.

Question - What is the expert opinion on investing in Gensol Engineering?
Answer - According to Veterans and experts, long-term investors are advised to add Gensol Engineering to their portfolio. He highlights the company's involvement in solar energy and electric vehicles, including plans to expand the electric cab subsidiary company, BlueSmart, and launch electric four-wheelers in the near term. Sumeet Bagadia, Executive Director at Choice Broking, suggests maintaining a strict stop loss at ₹ 750 levels for existing shareholders and advises high-risk investors interested in bottom fishing to maintain a buy on dips strategy with a stop loss at ₹ 750 per share levels.