Damani ups stake in India Cements, VST; Jhunjhunwala in Tata Comm, IHCL

Well-known investors on Dalal Street shuffled their mid- and small-cap holdings in the December quarter amid the broad-based rally in the market. Radhakishan Damani increased stake in India Cements by 0.7 per cent and in VST Industries by 0.11 per cent from the September quarter. Rakesh Jhunjhunwala upped stake in Tata Communications by 1 per cent and bet on the Covid-hit hotel industry by raising stake in Indian Hotels (IHCL) by 1 per cent. He pared stakes in Firstsource Solutions by 1.6 per cent and in Escorts by 0.9 per cent. Chennai-based investor Dolly Khanna’s name showed up in public shareholders’ list of Butterfly Gandhimathi, Nucleus Software and Talbros Automotive. Anil Kumar Goel, another investor from Chennai, has stayed firm on his bullish view on the tea sector and raised stake in Dhunseri Tea to 3 per cent while also marginally increasing stake in Triveni Engineering. Known for his mid- and small-cap bets, Ashish Kacholia has not made many changes in the December quarter. Kacholia now holds a 1.02 per cent stake in IOL Chemicals