2 SME moves: Mukul Agrawal’s new defence bet, Ashish Kacholia’s bigger Kavach stake
Mukul Agrawal has walked into an aerospace parts maker that is already up about five times its IPO price. Ashish Kacholia has added to a Kavach railway stock sitting 20% below its high, in the same filing that shows Agrawal holding a stake that he just reduced. Two super investors, two SME stocks and two very different ideas of what is worth paying for.
Ashish Kacholia did the opposite on price. Per the company’s shareholding filing with BSE, he raised his stake in a supplier of safety and control electronics to Indian Railways, from 1.18% in March 2026 to 1.64% in September 2026. That stock trades ... [9174 chars]
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Story file
- Section
- Business
- Topics
- Stock market, Railways & travel, Defence & security
- First reported by
- The Financial Express
- Published
- Tuesday, 13 October 2026, 5:05 am IST
- Coverage
- One outlet so far
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