Kela's new power play: A ₹40 crore bet on Genus

ICICI Prudential Mutual Fund

S. Naren-led ICICI Prudential Mutual Fund has made a significant contrarian bet on the edible oil sector, scooping up 1.3 crore shares of AWL Agri Business Limited for ₹234.13 crore. The purchase, executed at ₹180.10 per share, signals confidence from India's second-largest AMC in the leading edible oil and food products manufacturer. AWL Agri Business, with its dominant "Fortune" brand, commands an 18.3% market share in India's branded edible oil market, and this move aligns with Naren's known strategy of identifying value in essential consumption plays.

Madhusudan Kela

Veteran investor Madhusudan Kela has picked up 1,379,310 shares of Genus Power Infrastructures worth ₹40.00 crore in a block deal on June 30, 2026, at a price of ₹290.00 per share. Kela, known for his high-conviction, long-term multi-sector bets, is deploying his capital into a company that is a prominent leader in India's smart metering solutions sector. Genus Power, part of the Kailash Group, manufactures electrical metering equipment and provides turnkey services for power distribution, a sector critical to India's infrastructure development. The company has demonstrated strong financial growth with a 5-year sales CAGR of 51.0% and profit CAGR of 53.0%. Shares of Genus Power Infrastructures fell as much as 11.4% to ₹282.10 apiece on the NSE in early trade on Tuesday, June 30, after reports of a large block deal in the counter.

Niraj Rajnikant Shah

Veteran smallcap trader Niraj Rajnikant Shah has made a fresh entry into Atal Realtech, purchasing 18 lakh shares for ₹5.11 crore in a bulk deal at ₹28.40 per share. Shah, known for his active trading in lightly traded small and SME cap stocks, often takes short-term positions. Atal Realtech, a civil construction and real estate development company with a market cap of ₹351 crore, has seen its stock jump 67% over the last five years, indicating its potential in India's growing infrastructure sector. Shah's interest in the Nashik-based company, which specialises in government contracting and real estate development, aligns with his strategy of targeting companies with growth potential in specific sectors.

Niraj Chhaganraj Gemawat

Niraj Chhaganraj Gemawat, a promoter of NINtec Systems, has increased his stake in the tech services firm, acquiring 5,500 shares via open market purchase. This transaction, executed on June 25, 2026, boosts his holding from 18.38% to 18.40%. The move signals continued confidence from the promoter group in the ₹1,499 Cr market cap company, which boasts a 5-year CAGR of 149% and strong ROCE of 67.1%.

Pradeep Kumar Chunilal Khetani

Promoter Pradeep Kumar Chunilal Khetani has increased his stake in Ambar Protein Industries, buying 18,187 shares through open market transactions on June 29th and 30th. This purchase, worth approximately ₹33.5 lakh (calculated at ₹184.25 per share), boosts his holding from 12.83% to 13.14% in the edible oil manufacturer. Increased promoter holding often signals confidence in the company's future prospects.