Anil Kumar Goel, one of Dalal Streets leading individual investors known for his love for smallcaps and microcaps, has already made more than Rs 150 crore so far this calendar.Data available with corporate database Ace Equity showed the worth of his portfolio increased to nearly Rs 970 crore as of April 25 from Rs 815 crore at the beginning of the year.
Goel was holding at least 35 smallcaps in his portfolio as of March 31, 2019, data on Ace Equity showed on April 25.
So what worked for him Select companies from sugar, auto ancillary, consumer food, textile and steel sectors mainly moved his portfolio higher in the recent market rally, which lifted BSE Sensex nearly 2,500 points, or 7 per cent, to 38,730 on April 25.The BSE Midcap index declined nearly 2 per cent, while the Smallcap index gained marginally by 0.50 per cent in this period.Goel made a couple of changes in his portfolio during the quarter gone by.
He increased his holdings in Avadh Sugar Energy, Triveni Engineering Industries and Uttam Sugar Mills in March quarter; stocks that rallied up to 42 per cent on a year-to-date basis till April 25.
Analysts say government measures and projections of lower sugar production in Brazil mainly supported the sugar counter during the February-April period.Majestic Auto, another stock in Goels portfolio, has more than doubled the share price from Rs 89.10 on January 1, 2019 to Rs 207.10 on April 25.
Curiously, Goel slightly reduced his stake in the company to 1.92 per cent from 2.13 per cent during this period.Basmati rice processing company KRBL delivered him 24 per cent in four months.
Goel held 4.12 per cent stake in it as of March 31 against 4.13 per cent at December end.Shares of Amarjothi Spinning Mills, in which he upped his stake to 3.26 per cent from 3.24 per cent, dipped 11 per cent in these four months.Goel also sold some holdings in Samtex Fashions and Srikalahasthi Pipes during March quarter.
His name did not appear among key shareholders of Srikalahasthi as of March 31.However, he stayed put on most other holdings including Uttam Sugar Mills, Dhampur Sugar Mills, Mazda, Dwarikesh Sugar, Avadh Sugar Industries, Sanghvi Movers, KG Denim and Vardhman Special Steels.
These stocks have risen between 4 per cent and 42 per cent so far in 2019.
Meanwhile, some of his other holdings like Omaxe, Panama Petrochem, Cosmo Films, Ador Fontech, South India Paper Mills, Swelect Energy Systems, JBM Auto, Shivam Auto, Austin Engineering, Sterling Tools, Thirumalai Chemicals, Star Paper Mills, Sarla Performance, IG Petrochemicals eroded up to 30 per cent of wealth during the same period.