Sharad Kanayalal Shah Portfolio: 63 Stock Holdings
Sharad Kanayalal Shah and Associates’ Stock Portfolio: The Key Numbers
Sharad Kanayalal Shah and Associates hold a disclosed stock portfolio worth Rs 323.48 crore spread across 63 stocks, according to the latest quarterly shareholding filings tracked by Trendlyne’s Superstar Portfolio database. The portfolio value is up 45.65% from the previous quarter, one of the strongest gains among the portfolios in this dataset.
Sixty three stocks is an unusually large number in this space, and it makes this one of the more broadly diversified portfolios you will find in Superstar Portfolio tracking. Here is what that spread looks like and what recent activity suggests.
How this data is compiled
Under SEBI rules, any individual or associated group holding 1% or more of a listed Indian company must be named in that company’s shareholding pattern, filed with the exchanges every quarter. Trendlyne and similar platforms pull these disclosures together across every listed company to build a composite portfolio for each named investor or investor group.
The “and Associates” designation typically indicates a group of related individuals or entities filing together, a common structure among Indian family investment groups and holding entities. As with all Superstar Portfolio data, this only reflects stakes above the 1% threshold and does not capture the group’s complete asset base.
Sector Allocation: Broadly Spread, No Single Dominant Theme
Unlike many portfolios in this series, no single sector overwhelms the total here:
| Sector | Weight |
|---|---|
| General Industrials | 20.61% |
| Commercial Services & Supplies | 15.96% |
| Pharmaceuticals & Biotechnology | 13.85% |
These three sectors together make up just over 50% of the portfolio, meaning the remaining half is spread across a long list of other industries. That is a very different shape compared to portfolios where one sector accounts for 60, 70, or even 80% plus of total value.
What a 63 stock, multi sector spread suggests
A portfolio this diversified, with the top sector capturing only about a fifth of total value, points to a style built around broad market participation rather than a handful of high conviction bets. This approach tends to smooth out the impact of any single stock or sector having a bad quarter, since no one position or industry can move the total portfolio dramatically on its own.
The tradeoff works the other way too. Just as losses in any one holding get diluted across 63 positions, so do gains. A single stock doubling in value would barely move the needle on a portfolio this spread out, unless that stock already carried unusually large weight.
Top Holdings in the Portfolio
Even with 63 stocks, three names stand out as the largest disclosed positions:
- Apcotex Industries, valued at Rs 29.97 crore
- Borosil, valued at Rs 27.07 crore
- Gujarat Apollo Industries, valued at Rs 22.75 crore
Apcotex Industries operates in specialty polymers and synthetic rubber, a business tied to industrial and manufacturing demand, which fits the General Industrials sector weighting at the top of this portfolio. Borosil is a well known name in glassware and scientific glass products, spanning both consumer and industrial applications. Gujarat Apollo Industries manufactures road construction and mining equipment, another General Industrials linked business tied to infrastructure spending cycles.
Combined, these three holdings total roughly Rs 79.79 crore, or about 25% of the overall portfolio value, meaning even the largest positions here represent a fairly modest share compared to concentrated portfolios elsewhere in this dataset.
Recent Buying and Selling Activity
This quarter shows a notably active mix of both fresh buying and selling, consistent with a large, actively managed portfolio:
Recently increased positions:
– WEP Solutions, stake up 8.82%
– Xelpmoc Design and Tech, stake up 5.18%
– Ahlada Engineers, stake up 1.43%
Recently reduced positions:
– Organic Coatings, stake down 0.52%
– Jaipan Industries, stake down 0.29%
– Diamines & Chemicals, stake down 0.13%
The WEP Solutions and Xelpmoc Design and Tech additions are the largest stake changes disclosed in this batch of investors, at 8.82% and 5.18% respectively. Increases of this size suggest meaningful conviction being added to newer or smaller positions, likely part of the reason behind this quarter’s strong 45.65% portfolio gain. The three reductions, all under 1%, look more like routine trimming than a major shift in strategy.
Why This Portfolio Reads Differently From Others in This Dataset
Most of the individual investors covered in this series hold between 5 and 18 stocks, with one or two names making up a large share of total value. Sixty three stocks is a different category entirely, closer to how a small, actively managed fund might operate than a typical individual stock picker.
This scale also means tracking every single holding is impractical for most readers. The most useful approach is to focus on the largest disclosed positions and the biggest quarterly stake changes, both of which are covered above, rather than trying to evaluate all 63 names individually.
How to Use This Data Responsibly
A few points worth keeping in mind:
- Entry prices are unknown across all 63 positions. The 45.65% quarterly gain reflects total portfolio value change, not stock specific returns.
- Filings lag real time activity. By publication, some of these stake levels may have already shifted further.
- Diversification here is real, but not total. The top three holdings still represent about a quarter of disclosed value.
- Large stake increases deserve attention. The WEP Solutions and Xelpmoc Design and Tech additions stand out as this quarter’s most significant moves.
- This is a research tool, not a template. Broad portfolios like this one are useful for understanding market trends, not for direct replication.
Summary
Sharad Kanayalal Shah and Associates hold a disclosed portfolio worth Rs 323.48 crore across 63 stocks, up 45.65% this quarter, the most diversified portfolio in this batch. General Industrials, Commercial Services & Supplies, and Pharmaceuticals & Biotechnology are the leading sectors, though none dominates, with top holdings in Apcotex Industries, Borosil, and Gujarat Apollo Industries. The quarter’s standout activity includes large stake increases in WEP Solutions and Xelpmoc Design and Tech, alongside minor trims in three other names.
FAQ
How many stocks does Sharad Kanayalal Shah and Associates hold?
The disclosed portfolio spans 63 stocks worth Rs 323.48 crore, making it one of the most diversified portfolios tracked under SEBI’s shareholding disclosure rules.
What is the largest holding in this portfolio?
Apcotex Industries is the top disclosed holding at Rs 29.97 crore, followed closely by Borosil and Gujarat Apollo Industries.
What were the biggest stock moves this quarter?
The largest increases were in WEP Solutions (up 8.82%) and Xelpmoc Design and Tech (up 5.18%). Smaller reductions were disclosed in Organic Coatings, Jaipan Industries, and Diamines & Chemicals.
Why does no single sector dominate this portfolio?
With 63 stocks spread across many industries, the top sector, General Industrials, accounts for only about a fifth of total value, a much broader spread than concentrated portfolios in this dataset.
What does “and Associates” mean in this investor’s name?
It typically indicates a group of related individuals or entities filing shareholding disclosures together, a structure common among Indian family investment groups.
Key Takeaways
- Sharad Kanayalal Shah and Associates hold a disclosed portfolio worth Rs 323.48 crore across 63 stocks, up 45.65% this quarter.
- General Industrials (20.61%), Commercial Services & Supplies (15.96%), and Pharmaceuticals & Biotechnology (13.85%) are the top sectors, but none dominates.
- Apcotex Industries, Borosil, and Gujarat Apollo Industries are the top three holdings, together about 25% of total value.
- Large stake increases this quarter came in WEP Solutions and Xelpmoc Design and Tech.
- Minor stake reductions were disclosed in Organic Coatings, Jaipan Industries, and Diamines & Chemicals.
- This is the most diversified portfolio in this batch of investors, closer in structure to a small managed fund than a concentrated individual bet.
- Treat this data as a broad market research reference, not a stock by stock replication guide.
