From The Economic Times · Veer Sharma · · 1m 10s
Sunil Singhania Adds Stock to Portfolio
Sunil Singhania boosts Aether Industries stake after 140% rally, likely exits Cyient DLM.
In brief
Sunil Singhania boosts Aether Industries stake after 140% rally, likely exits Cyient DLM. Sunil Singhania increased his stake in Aether Industries following a 140% year-on-year gain and is likely exiting Cyient DLM after a 210% six-month surge. Originally reported by The Economic Times.
Sunil Singhania's Q2 Portfolio Moves
Sunil Singhania added Aether Industries to his portfolio after a 140% year-on-year gain.
“Sunil Singhania buys Aether Industries, exits Cyient DLM”
Aether Industries Performance
Aether Industries has risen nearly 100% since the beginning of the year.
Heritage Foods Stake
Singhania increased his stake in Heritage Foods by 0.5% despite a 14% decline.
Cyient DLM Exit Likely
Abakkus Flexi Cap Fund likely exited Cyient DLM as shareholding fell below 1% threshold.
Cyient DLM Rally
Cyient DLM surged 210% over six months and gained 140% since the beginning of the year.
Abakkus IPO Details
Abakkus Asset Management filed DRHP for IPO with 15 million shares, 50% for QIBs and 35% for retail.
Financial Performance
Abakkus reported Rs 796 crore revenue for FY26, up from Rs 707 crore in FY25.
What to remember
Sunil Singhania increased his stake in Aether Industries following a 140% year-on-year gain and is likely exiting Cyient DLM after a 210% six-month surge.
