Sunil Singhania, founder of Abakkus Asset Management and one of India's most closely watched veteran investors, added a new stock to his portfolio in the second quarter of FY27 and increased his stake in another company. He also appears to have exited small cap company Cyient DLM.
Shareholding data from the BSE showed that Abakkus Flexi Cap Fund acquired a 1.15% stake in Aether Industries, equivalent to 15.32 lakh shares. The stock has delivered a sharp 140% gain over the past year and has risen nearly 100% since the beginning of the year.