Madhusudan Kela’s portfolio: 7 stocks rally up to 135% in CY26
Madhusudan Kela’s disclosed portfolio of 19 stocks was worth about Rs 2,665 crore as of August 14. Seven holdings gained 10–135% in 2026, while five declined 15–30%, highlighting sharply divergent performances.
Madhusudan Kela's portfolio showed a notable mix of gains and losses in the June 2026 quarter of CY26. A total of 7 stocks within his portfolio delivered impressive gains, ranging from 10% to a remarkable 135%. Conversely, 5 stocks struggled, declining between 15% and 30%. Among the winners, Rashi Peripherals emerged as the standout performer, surging 133% from Rs 358 to Rs 834.
Holding a 1.76% stake valued at around Rs 97 crore, Kela's investment in the company paid off handsomely. SG Finserve also performed well, gaining 61% to climb from Rs 409 to Rs 660, with Kela owning a 1.44% stake worth approximately Rs 63 crore. Indiabulls and Sangam (India) rounded out the top three gainers, with the former rising 57% and the latter 21%, respectively.
On the downside, Bombay Dyeing faced pressure, declining 14% from Rs 133 to Rs 114. Kela's 1.52% stake in the company was worth about Rs 36 crore at the time. Emkay Global Financial Services and Unicommerce eSolutions also underperformed, with the former slipping 16% and the latter losing 28%. Despite these declines, Kela's investments in these stocks were valued at around Rs 7 crore and Rs 14 crore, respectively.
Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
