RARE Enterprises’ portfolio has reduced its holding in edible oils maker Sundrop Brands to 4.9% in Q4FY25. It held a 7% stake in the company since Q2FY25.
RARE Enterprises, Singhania's Abakkus Fund, adjust their holdings in key sectors
Sundrop Brands has risen by 9.3% over the past year, underperforming its industry a fair bit, by 17 percentage points. Trendlyne classifies it as an Expensive Performer. The company is trading in the PE Strong Sell Zone, indicating that it is currently trading above its historical PE.
Rakesh Jhunjhunwala’s portfolio is currently handled by his wife, Rekha Jhunjhunwala and the RARE Enterprises team. RARE Enterprises decreased its stake in department stores chain Baazar Style Retail by 0.3% and now holds 3.4%. The company’s share price has declined 17.8% over the past year, underperforming its industry by 30.5 percentage points. It features in a screener of stocks with low Piotroski scores (companies with weak financials).
With these recent stake changes, the portfolio publicly holds 27 stocks with a net worth exceeding Rs 58,809 crore. During the quarter, the portfolio also sold a 0.2% stake in internet software & services company Nazara Technologies, taking its holding to 7.1%.
During Q4, RARE Enterprises increased its stake in banking stock Federal Bank by 0.1%, now holding 1.5%. The bank’s share price has grown 31.3% over the past year, outperforming its industry by 18.1 percentage points.
Sunil Singhania cuts stake in 2 firms to below 1%, discloses holding in a newly listed company
Sunil Singhania’s Abakkus Fund disclosed a 1.3% stake in Denta Water and Infra Solutions, a non-electrical utilities company. The company debuted on the bourses on January 29, 2025, with its IPO oversubscribed by 221.7 times. The stock has gained 7.2% over the quarter. It also features in a screener of stocks outperforming their industry over the past month.
Abakkus reduced its stake in cement products manufacturer BirlaNu and auto components maker Uniparts India to below 1% during Q4. Both companies have a technically neutral momentum score. Over the past year, BirlaNu has dropped 29.7%, while Uniparts has declined 39.9%.
Singhania also trimmed his stake in steel products maker Sarda Energy & Minerals by 0.3%, bringing his holding down to 1.5%. He has been consistently reducing his stake in the company since Q3FY24. Sarda Energy is currently in a strong PE Sell Zone, trading above its historical PE ratio. The stock has an average valuation score, along with a neutral momentum score.
Singhania’s fund also cut a minor 0.1% stake each in Mastek, Shriram Pistons & Rings, The Anup Engineering, and Ethos.
Abakkus also marginally reduced its stakes in J Kumar Infraprojects and Jubilant Pharmova, now holding 2.5% and 1.2% in these companies. Additionally, it increased its holdings slightly in Technocraft Industries and HG Infra Engineering during the quarter, with current stakes at 2.4% and 1.4%. With these recent changes, the portfolio now publicly holds 22 stocks with a net worth of Rs 2,463 crore.
