Anil Kumar Goel buys stake in this microcap

New Delhi: Marquee investor Anil Kumar Goel has bought a significant stake in microcap stock Samtex Fashion, as per the latest corporate filing.

According to the latest data from Trendylne, Goel held 45,00,000 equity shares or 6.04 per cent stake in the company on September 30, 2021. His stake in the company is worth Rs 45 lakh.

Goel's name was missing from the list of key shareholders earlier. Companies are obliged to release the name of shareholders holding one per cent or more stake in the company.

Samtex Fashions is an active player in the world of fashion with technical collaboration with Samsung. It is a key player in manufacturing formal clothes for men and women. The company manufactures garments for export to major stores in USA and Europe as well as domestic premium brands in the fashion industry.

Shares of Samtex Fashion have surged 55 per cent in the last one year. The penny stock has soared 90 per cent in the last one year.

Started in 1993, Delhi-NCR based Samtex Fashion has erored 91 per cent of investors wealth in the last five years. It was locked in the seller's circuit of 5 per cent at Rs 1.14 on Thursday.

Among other buys, Anil Kumar Goel purchased a fresh stake in Indsil Hydro Power and Manganese. He also increased his stake in Nahar Spinning Mills, Amarjothi Spinning Mills, DCM Nouvelle, Dwarikesh Sugar Industries, Dhampur Sugar Mills and Vardhman Holdings.

On the contrary, the smallcap czar has exited Thirumalai Chemicals, whereas he has trimmed his stake in Ador Fontech, TCPL Packaging, Panama Petrochem, Srikalahasthi Pipes, Vardhman Special Steels and Magadh Sugar & Energy.

As per the latest corporate shareholdings filed, Anil Kumar Goel and Associates publicly holds 34 stocks with a net worth of over Rs 1,449.1 crore.