Anil Goel bought these smallcaps despite up to 660% rise in just 1 year

NEW DELHI: Seasoned investor Anil Kumar Goel entered two smallcaps, while he increased stake in a couple of others in the December quarter, despite the stocks delivering up to 660 per cent in the last year.

Data showed Goel entered Nahar Capital & Financial Services with a 2.1 per cent stake, even as the scrip has rallied a whopping 372 per cent in the last year. The ace investor held 3,42,900 shares in the company as of December 31, worth about Rs 15 crore today.

Goel also entered Nahar Poly Films with 2,92,000 shares, or a 1.2 per cent stake, in the December quarter, valuing about Rs 10 crore. This is even as the scrip climbed 300 per cent in the last year.


His better half Seema Goel entered Avadh Sugar & Energy, buying a 2.1 per cent stake, or 2,25,046 shares, in the December quarter. Goel himself increased his stake in the sugar manufacturer to 5.62 per cent from 5.46 per cent sequentially. This stock is up 209 per cent in the last year.

The seasoned investor hiked his stake in Indsil Hydro Power and Manganese to 1.91 per cent from 1.08 per cent sequentially. This stock is up 587 per cent in the last year.

In the case of Amarjothi Spinning Mills, Goel increased his stake to 6.76 per cent from 6.25 per cent, even as the scrip is up 100 per cent in the last one year.
Nahar Spinning Mills, Dwarikesh Sugar Industries, South India Paper Mills and DCM Nouvelle were other stocks where Goel increased his stake during the quarter. Nahar Spinning Mills is up 657 per cent in the last one year; Dwarikesh Sugar (up 213 per cent), South India Paper (up 55 per cent) and DCM Nouvelle (up 369.16 per cent) had also performed well in the past year.