41.76 Lakh Shares: Mukul Agrawal Books Profit in This Small-Cap Multibagger, FIIs Increases Stake
FIIs have increased their stake from 2.66 per cent in December 2024 to 3.46 per cent in March 2025.
This Small-Cap stock left everyone amazed with its stellar rally. From a low of Rs 96.68 per share in 2022, it surged to a high of Rs 563.45 in 2025. The stock delivered a multibagger return of 143 per cent in 2023, followed by a 90.58 per cent gain in 2024. In 2025, it touched a fresh all-time high of Rs 563.45.
The small-cap multibagger stock in focus is Sharda Energy and Mineral Ltd (SEML). Incorporated in 1973, SEML is the flagship company of the Sharda Group. It is a vertically integrated producer of steel with captive iron ore and commercial coal mines. The company also manufactures and exports niche-grade manganese-based ferro alloys. It is self-reliant in power, generating electricity from waste heat and coal.
SEML has successfully diversified its portfolio through the strategic acquisition of SKS Power, marking a significant foray into the energy sector.
In Q3FY25, SEML reported a 43 per cent year-on-year rise in revenue to Rs 1,319 crore compared to Rs 925 crore in Q3FY24. Net profit jumped 75 per cent year-on-year to Rs 200 crore, and PAT margins stood at 15.2 per cent.
A notable change was seen in the March 2025 shareholding pattern. Mukul Mahavir Agrawal, who held 41,76,000 (41.76 lakh) shares as of December 2024, no longer appears in the list of shareholders (resident Individuals holding nominal share capital in excess of Rs. 2 lakhs).
Another key investor, Sunil Singhania, holds a 1.58 per cent stake in SEML through Abakkus Emerging Opportunities Fund – 1, down from 1.73 per cent in the previous quarter. Meanwhile, FIIs have increased their stake from 2.66 per cent in December 2024 to 3.46 per cent in March 2025.
This small-cap multibagger stock has delivered a staggering return of 280.63 per cent over the last three years, and is up 12.24 per cent in the last three months alone.
Disclaimer: The article is for informational purposes only and not investment advice.