Rekha Rakesh Jhunjhunwala reduces stakes in this small cap company, Ashish Kacholia and Mukul Agarwal maintain their holdings

The shares of the company have delivered an impressive multibagger return of over 1100 per cent in the past five years.

In the dynamic world of stock markets, investors often closely watch the movements of ace investors, as their actions can indicate shifts in market sentiment or company performance. Recently, the Small-Cap company Raghav Productivity Enhancers Limited (RPEL), engaged in the manufacturing of quartz-based ramming mass, quartz powder, and tundish board under the brand name "Raghav," witnessed notable changes in its shareholding pattern among prominent investors.

Change in Shareholding Pattern

According to the latest shareholding pattern data, while the promoters maintained their stake at 62.92 per cent, ace investors such as Rekha Rakesh Jhunjhunwala (wife of Late Rakesh Jhunjhunwala), Ashish Kacholia, and Mukul Agarwal's stakes is now updated. Rekha Rakesh Jhunjhunwala reduced her stake marginally from 5.12 per cent in December 2023 to 5.06 per cent in March 2024. Conversely, Ashish Kacholia and Mukul Agarwal retained their holdings at 2.02 per cent and 1.55 per cent, respectively, during the same period.

Share Performance

On Friday, the stock of RPEL opened at Rs 630 per share, slightly higher than the previous day's closing price. However, it eventually closed at Rs 633.30 per share, marking a 1.69 per cent increase from the previous day's closing figure. The stock’s 52-week highs and lows are Rs 811 and Rs 426.50 respectively.

Moreover, RPEL's market capitalisation currently stands at Rs 1453.59 crore. Over the past three years, the stock has generated an impressive multibagger return of around 448 per cent.

Furthermore, the shares of RPEL have delivered a multibagger return of approximately 1166 per cent in the past five years.

The consistent performance and resilience of RPEL in delivering robust returns to its investors amidst market volatility reaffirm its position as a promising player in the small-cap segment. While changes in shareholding patterns among prominent investors may signal varying perceptions or strategies, the overall market sentiment towards RPEL remains positive, supported by its strong fundamentals and growth prospects.

Disclaimer: The article is for informational purposes only and not investment advice.