Ace investor Madhusudan Kela made a significant move during the third quarter of the financial year 2025-26. He picked up a stake in Emkay Global Financial Services. The company's December quarter shareholding pattern filing revealed this development.
Kela's New Investment in Emkay Global
According to the latest data available on stock exchanges, Madhusudan Kela purchased 289,243 shares of Emkay Global in Q3 FY26. This acquisition represents a 1.02% stake in the brokerage company. Retail investors often track the portfolios of marquee investors like Kela. They view these moves as potential indicators of market opportunities.
This marks the first time Kela's name has appeared among the key shareholders of Emkay Global. Prior to this quarter, he might have held a stake below 1%. Companies are only required to disclose the names of investors who own 1% or more in the company.
Kela's Portfolio Adjustments
Meanwhile, Madhusudan Kela reduced his stakes in two other companies during the same quarter. He cut his holdings in Windsor Machines and Indostar Capital. Data from Trendlyne shows that Kela currently holds 16 stocks in his portfolio. The net worth of his holdings exceeds ₹2,604.5 crore.
Dolly Khanna Also Holds Stake in Emkay
Emkay Global is not just a Kela portfolio stock. Another prominent investor, Dolly Khanna, also holds a stake in the company. According to the Q3 FY26 filing, Dolly Khanna held 598,033 shares in Emkay Global. This represents a 2.31% stake in the firm.
However, this was slightly below her previous holding. At the end of Q2 FY26, she held 698,160 shares or a 2.73% stake. The reduction signals possible profit-taking by Khanna during the quarter.
Khanna's Other Portfolio Changes
Apart from Emkay Global, Trendlyne data indicates that Dolly Khanna reduced stakes in five other stocks during Q3. These include GHCL, Prakash Industries, Som Distilleries, Coffee Day Enterprises, and Prakash Pipes.
Emkay Global Share Price Performance
The shares of Emkay Global have shown volatility over the past year. They shed 5% during this twelve-month period. However, the stock has performed better in the shorter term. It gained 8% over the last six months.
On a longer time frame, Emkay Global has emerged as a multibagger stock. BSE data reveals impressive returns for investors. The stock delivered 287% gains over five years. It provided even stronger performance over ten years, with 325% returns.
Disclaimer: This story is for educational purposes only. We advise investors to consult with certified experts before making any investment decisions.
