Mukul Agrawal bought 32.60 lakh shares of this multibagger railways infrastructure company; do you own it?

The shares of the company have delivered an impressive multibagger return of around 3800 per cent to its shareholders in the past decade.

We are always in search of any company where any ace investor has either bought shares of a particular company or increased their stake. Today, we are providing details on where an ace investor has entered into a Small-Cap multibagger company.

According to the latest quarterly update Mukul Agrawal, ace investor, has bought around 5.53 per cent in Oriental Rail Infrastructure Limited.

Oriental Rail Infrastructure Ltd is engaged in the manufacturing, purchasing, and selling of all types of Recron, seat, and berth materials, compreg boards, as well as trading timber woods and all related products.

Shareholding Pattern

Analysing the current shareholding pattern of this small cap Rail Infrastructure player provides insights into the changing ownership dynamics of the company.

As of the March quarter, promoters hold 54.81 per cent, while public investors hold a significant portion, standing at 45.17 per cent. In this context, Mukul Agrawal's holding stands at 5.53 per cent or 32.60 shares as per the recent update.

Share Performance

Examining the performance of Oriental Rail Infrastructure Ltd sheds light on its resilience and growth trajectory. Despite the recent market volatility, the stock has demonstrated resilience, with a notable uptick in its share price.

On Wednesday, the stock opened at Rs 252 per share, higher than the previous day's closing price. However, it eventually closed at Rs 253.60 per share, marking a 3.05 per cent increase from the previous day's closing figure.

Furthermore, Oriental Rail Infrastructure Limited’s market capitalisation currently stands at Rs 1495.20 crore. Over the past year, the stock has generated an impressive return of around 558 per cent. Moreover, the company's multibagger return of around 3795 per cent over the past decade underscores its potential as a wealth creator for long-term investors.

The company has yet to announce its March Quarterly Results.

Investors must keep this multibagger small-cap company on their radar.