Nemish S Shah Portfolio: Just 6 Stocks, Rs 3,153 Cr
Nemish S Shah Portfolio: Just 6 Stocks, Rs 3,153 Cr
Nemish S Shah’s disclosed equity portfolio is worth Rs 3,153.07 crore, held across just 6 stocks, according to Trendlyne’s Superstar Portfolio tracker. That is one of the most concentrated portfolios among tracked investors, and the value has risen 20.47% over the latest quarter.
If you are trying to understand what this investor’s holdings look like and what such a tight portfolio might tell you, here is a clear breakdown of the disclosed data.
The Defining Feature: Extreme Concentration
Most Superstar Portfolio investors spread their disclosed holdings across dozens of stocks. Nemish S Shah’s portfolio does the opposite. With only 6 stocks making up Rs 3,153.07 crore, this is a portfolio built on deep conviction in a small number of businesses rather than broad diversification.
This kind of concentration is not common. It usually reflects either a long-standing relationship with specific companies, high confidence in a narrow set of industries, or both. Whatever the reason, it means every stock in this portfolio carries significant weight in the overall outcome.
Portfolio Value and Recent Performance
The total disclosed value stands at Rs 3,153.07 crore as of the latest quarterly filing, up 20.47% over the quarter. With just 6 stocks, this growth is driven almost entirely by the price performance of a handful of companies rather than broad market movement across many holdings.
That also means the portfolio’s fortunes are tied closely to how just a few sectors and companies perform, for better or worse.
Sector Allocation: Two Sectors Dominate
The sector split is about as concentrated as the stock count:
| Sector | Weight |
|---|---|
| General Industrials | 55.88% |
| Automobiles & Auto Components | 40.3% |
| Food, Beverages & Tobacco | 3.72% |
General industrials and automobiles and auto components together make up more than 96% of the disclosed portfolio. Food, beverages, and tobacco is a small residual slice at under 4%.
This is not a diversified sector spread by any measure. It is a portfolio built almost entirely around industrial manufacturing and the auto components ecosystem, two sectors that are closely linked to India’s broader manufacturing and infrastructure cycle.
Top Holdings
The three largest disclosed positions are:
- Lakshmi Machine Works – Rs 1,441.73 crore
- Asahi India Glass – Rs 1,270.72 crore
- Elgi Equipments – Rs 320.02 crore
Lakshmi Machine Works is a well known Indian engineering company, historically recognized for textile machinery manufacturing and precision engineering products. Asahi India Glass is a leading manufacturer of automotive and architectural glass, supplying to major vehicle makers in India. Elgi Equipments is known for air compressors and related industrial equipment.
Together, these three holdings alone account for roughly Rs 3,032 crore, which is nearly the entire disclosed portfolio value of Rs 3,153.07 crore. The remaining 3 stocks make up only a small fraction of the total.
Recent Trading Activity
There is very little disclosed trading activity in this portfolio, which fits the overall pattern of a buy-and-hold, high-conviction approach.
Recent buys: None disclosed in the latest filing.
Recent sells:
– Zodiac Clothing: reduced by 0.08%
– Lakshmi Machine Works: reduced by 0.01%
Both changes are extremely small, essentially rounding-level trims rather than meaningful position changes. This is consistent with an investor who is not actively trading in and out of positions but instead holding a small set of stocks over a long period.
What This Concentration Signals
A 6-stock portfolio with almost no recent buying or selling activity suggests a long-term, low-turnover investing style. This is quite different from portfolios with dozens of holdings and frequent quarterly changes.
There are a few possible reasons an investor might run such a concentrated book:
- Deep familiarity with a small set of businesses, sometimes built over years or decades.
- High conviction that a few well chosen companies can outperform a broad basket over time.
- Limited need to diversify if the investor already has other forms of wealth or income outside listed equities.
Whatever the reason, this style carries a different risk profile than a diversified portfolio. Strong performance in general industrials and auto components would lift this portfolio sharply, but a downturn in those two sectors would hit it just as hard.
Concentrated vs Diversified: A Quick Comparison
It helps to see how a 6-stock portfolio compares with a broadly diversified one on a few key measures.
| Factor | Concentrated (6 stocks) | Diversified (70 plus stocks) |
|---|---|---|
| Sector risk | High, tied to 1-2 sectors | Spread across many sectors |
| Research depth needed per stock | Very high | Moderate, spread thin |
| Sensitivity to single stock moves | Very high | Low |
| Typical investor style | Long-term, high conviction | Active, opportunistic |
Neither approach is automatically better. Concentrated portfolios can deliver outsized gains when the chosen sectors do well, but they also carry more downside if those same sectors face headwinds. Diversified portfolios smooth out returns but dilute the impact of any single winning stock.
For retail investors studying this data, the lesson is less about which specific stocks Nemish S Shah holds and more about recognizing that portfolio construction choices, concentration versus spread, carry very different risk and reward trade-offs depending on your own time horizon and risk tolerance.
Superstar Portfolio Data: What It Shows and What It Does Not
Trendlyne’s Superstar Portfolio tracker is built on India’s shareholding disclosure rules. Once an individual investor crosses 1% ownership in a listed company, that stake must be disclosed publicly in the company’s shareholding pattern filings, typically on a quarterly basis.
A few important limits to keep in mind:
- This only shows stakes above the 1% threshold, so any smaller holdings in other companies are invisible.
- There is no entry price or purchase date shown, so you cannot calculate actual returns from this data alone.
- The figures update quarterly, so there is always some lag between the real-time market and what is disclosed.
- This is a research tool to understand an investor’s visible equity exposure, not a signal to replicate their trades.
Using This Data as a Starting Point
If Lakshmi Machine Works, Asahi India Glass, or Elgi Equipments interest you after seeing this portfolio, treat that interest as a starting point for your own research into the companies’ fundamentals, valuations, and industry outlook, not a reason to buy on its own.
A concentrated portfolio like this one is a useful case study in high-conviction investing, but it also carries higher single-stock and single-sector risk than most retail investors are typically advised to take on.
Frequently Asked Questions
How many stocks does Nemish S Shah hold in his Superstar Portfolio?
Just 6 stocks, making it one of the most concentrated portfolios tracked by Trendlyne’s Superstar Portfolio feature, worth Rs 3,153.07 crore in total.
What is Nemish S Shah’s largest holding?
Lakshmi Machine Works is the top holding at Rs 1,441.73 crore, followed by Asahi India Glass at Rs 1,270.72 crore and Elgi Equipments at Rs 320.02 crore.
Which sectors make up most of the portfolio?
General industrials (55.88%) and automobiles and auto components (40.3%) together account for over 96% of the disclosed portfolio, leaving a small remainder in food, beverages, and tobacco.
Has Nemish S Shah made any recent stock purchases?
No new buys are disclosed in the latest filing. The only recorded changes are small trims in Zodiac Clothing and Lakshmi Machine Works.
Is a 6-stock portfolio riskier than a diversified one?
It can be, since returns depend heavily on a small number of companies and sectors. Concentrated portfolios can outperform in good times but also fall harder if those specific sectors underperform.
Key Takeaways
- Nemish S Shah’s disclosed portfolio is worth Rs 3,153.07 crore across just 6 stocks, up 20.47% over the latest quarter.
- General industrials (55.88%) and automobiles and auto components (40.3%) make up more than 96% of the portfolio.
- Top holdings are Lakshmi Machine Works, Asahi India Glass, and Elgi Equipments.
- No new buys were disclosed; only minor trims in Zodiac Clothing and Lakshmi Machine Works appear in recent filings.
- The extreme concentration suggests a long-term, high-conviction, low-turnover investing style.
- Superstar Portfolio data only captures holdings above the 1% disclosure threshold and lags by a quarter.
- Concentrated portfolios carry higher sector and single-stock risk and should be studied, not copied.
