Mukul Agrawal Raises Stake In This Small Cap Stock, Shares Jump

Shares of Capacit’e Infraprojects received a bump on Monday afternoon as it filed its latest shareholding data.

What Happened: As per the company’s latest shareholding data, ace investor Mukul Agrawal raised his stake in the small-cap company during the September quarter. Agrawal bought around 29.50 lakh shares of the company.

He now holds around 8% stake in the company. At the end of the June quarter, his stake was at around 4.33%. His stake is worth around ₹124.8 crore.

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The company in August announced bagging a massive order from RVNL. The ₹575 crore engineering, procurement, and construction (EPC) order is for a project in Maldives.

Shares of the company were down in the red before jumping up sharply after the filing at around 1:20 pm on Monday.

Price Action: Shares of Capacit’e Infraprojects were up 1.18% to trade at ₹213.70 in the late hours of trading on Monday.

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Posted In: MoversTrading IdeasCapacit'e InfraprojectsMukul Agrawal