Saurabh Mukherjea, a famous fund manager at Marcellus Investment Managers, manages nearly Rs 6,000 crore for wealthy clients. Recently, he added two new stocks to his portfolio: Ahluwalia Contracts and Clean Science & Technology. He also sold a stock called Eureka Forbes, making a profit of 30% in just 9 months.
So far this financial year, Mukherjea’s Little Champs portfolio, which focuses on small companies, has gained 17.66%. His Rising Giants portfolio, which focuses on medium-sized companies, has increased by about 23%.
Mukherjea believes that the rise in these portfolios is due to better earnings from the companies and recent changes where they sold off or reduced investments in companies that are expected to struggle for a long time.
Ahluwalia Contracts is a small company that has dropped 7% in the last six months but is expected to do well in building construction over the next 3-5 years. This includes projects like redeveloping railway stations, building airport terminals, and creating new hospitals and schools.
Clean Science & Technology is a company that makes chemicals for things like packaged food and cosmetics. In the past five years, it has seen steady growth with 15% revenue increase and a 20% increase in profits.
On the other hand, Marcellus decided to sell Eureka Forbes because there is more competition in water purifiers and services now. Since it joined the portfolio in March 2024, its price went up about 30%. However, the team felt that the potential profits from holding onto it were limited, so they chose to sell.
(Disclaimer: The views and opinions expressed by experts are their own and do not reflect those of NiftyStat.)
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