Q3 has arrived with fresh changes in the portfolios of superstar investors. Vijay Kedia has cut his stake in specialty chemicals company Sudarshan Chemical Industries to below 1% in the Q3FY25 quarter. He held a 1.4% stake in the company since Q3FY23.

Vijay Kedia, Dolly Khanna make multiple portfolio changes in Q3FY25

Sudarshan Chemical has risen by 118.9% over the past year. However, it has an expensive valuation score of 24.5. Trendlyne classifies the company as an Expensive Performer. The company is trading in the Strong Sell Zone, indicating that it is currently trading significantly above its historical PE. 

During the December quarter, Kedia bought a 0.2% stake in Global Vectra Helicorp, taking his holding to 5.1%. The ace investor first added the airlines stock to his portfolio in Q4FY24 by acquiring a 2.9% stake and increased his holding to 4.9% in Q1FY25. The company has risen by 108.4% in the past year, outperforming its industry by 78.7%. With these recent stake changes, the portfolio publicly holds 14 stocks with a net worth of Rs 1727 crore.

Dolly Khanna adds two new companies to her portfolio, reduces stakes in three 

Dolly Khanna has added two new companies to her portfolio in the December quarter—household appliances firm Stove Kraft and steel products manufacturer Indian Metals & Ferro Alloys—buying 1.1% and 1.2% stakes, respectively. 

Indian Metals & Ferro Alloys has a strong durability score and an affordable valuation score of 70.8. In contrast, Stove Kraft has a high durability score but carries an expensive valuation score of 28.2. Over the past year, Indian Metals has risen by 83.8%, while Stove Kraft has surged by 104.4%.

Khanna reduced her stake by 0.5% in SME stock Selan Exploration Technology, an oil and gas exploration firm, bringing her holding to 1.2%. The company’s stock has risen by 53% over the past year, outperforming its industry by 28.5%.

The ace investor also reduced her stake in J Kumar Infraprojects and Repco Home Finance to below 1% after holding 1% and 1.1% of these companies in Q2FY25. Repco Home Finance, a housing finance company, ranks well on the Trendlyne checklist with a 65.2% pass rate, while J Kumar, a construction firm, holds a checklist score of 69.6%. However, both companies fall into the screener for stocks with weak momentum, as their prices are below their short, medium, and long-term averages.

Additionally, Khanna reduced her stake by 0.1% each in Talbros Automotive, Nile, and Prakash Pipes. She also bought minor stakes in Emkay Global Financial Services (0.3%), Mangalore Chemicals & Fertilizers (0.2%), and Prakash Industries (0.1%).