Sachin Bansal Portfolio Results season is an opportune time to scan the portfolios of marquee investors as listed companies make their shareholding patterns public after the end of each quarter. In this shareholding pattern, these companies name a handful of investors who have bought or trimmed their stake in the company. Hence, it becomes easy for retail investors to track in which direction the smart money is heading.
For the information of such retail investors, Sachin Bansal has bought 2.03 percent stake in Sanghi Industries in the July to September 2021 quarter. Interestingly, this new Sachin Bansal portfolio stock is one of the multibagger stocks in the Indian stock market.
As per the shareholding pattern of Sanghi Industries for the recently ended September 2021 quarter, Sachin Bansal has bought 51 lakh shares, which is 2.03 per cent of the total issued paid-up capital of the company. If we look at the shareholding pattern of the company as of June 2021, Sachin Bansal’s name is missing from the list of individual shareholders. This means that Sachin Bansal bought these shares during the second quarter of FY22. However, it is not known whether he bought all these shares in one go or in part as the shareholding pattern does not disclose the details of the transaction.
Like Sachin Bansal, another veteran investor Mukul Mahaveer Agarwal has also bought shareholding in the company. He bought 33,64,603 shares or 1.34 per cent stake in the company in the July-September 2021 quarter.
Sanghi Industries Share Price History
According to the stock price history of Sanghi Industries, Multibagger stock has risen from ₹near 41.65 ₹70 per share level in the last 66 months, has been giving around 70 per cent returns to its shareholders, while in the last one year it has given multibagger returns to its shareholders. In the last one year, the share price of Sanghi Industries has risen ₹23.75 each level to ₹70 per share level.
Hence, both veteran investors Sachin Bansal and Mukul Mahaveer Agarwal have bought stake in a company that has given multibagger returns to its shareholders in the past one year.
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