Finavenue Growth Fund increased its stake in Dhara Rail Projects from 1.76% to 1.95%, buying 29,000 shares. The fund's holding rose from 2,65,000 to 2,94,000 shares.
A provider of specialized services for railway rolling stock systems, Dhara Rail Pro offers annual maintenance contracts and comprehensive repair services to the Indian railway sector. Incorporated in 2010, the company operates within the diversified commercial services space, focusing on the upkeep and ongoing servicing of rail infrastructure components and equipment. Its niche expertise in railway maintenance and technical support positions it as a dedicated player supporting India's rail network operations and asset reliability.
Managed by A9 Finsight, with around Rs 360 cr AUM and a top-of-category track record (+233 percent absolute return since July 2023, +132 percent in CY2024 vs CNX Smallcap +24 percent). Allocates ~45 percent to SME listings, ~35 percent to mainboard companies and ~20 percent to pre-IPO. Run by Abhishek Jaiswal, among India's youngest fund managers.
