Shares of Sula Vineyards and Radico Khaitan surged around 3% on Tuesday. As per the latest shareholding data, ace investor Mukul Agrawal owns a stake in both companies.
Starting with Radico Khaitan, shares of the Magic Moments maker jumped up over 3.5% to hit a new 52-week high of ₹1,240. Agrawal owns 1.05% or 1,400,083 shares of the company. On Monday, when the stock closed at ₹1,197.40, the value of his take was around ₹167.64 crore. Today, with the surge, the value of his stake went up to ₹173.6 crore. An increase of around ₹6 crore in a day.
See Also: What’s Sula Vineyards Share Price: Is It Time To Buy?
Now, Sula Vineyards shares jumped back in the black today after a two-session losing streak. Shares of the winemakers went up close to 3% to hit an intraday high of ₹466. Agarwal has 20 lakh shares in the company. So, when the stock closed at ₹456.50, the value of his stake stood at ₹91.3 crore. With the surge today, the value of his shares went up to ₹93.2 crore – an increase of around ₹2 crore.
In total, Agarwal’s net worth saw an increase of around ₹8 crore from these two alcoholic beverage stocks in one day.
Price Action: Sula Vineyards’ share price was up 2.03% to trade at ₹465.75. Radico Khaitan’s share price was up 0.86% to trade at ₹1,207.65 in the mid-market hours of trading on Tuesday.
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