DHP India Ltd

Counter Cyclical sold 6,204 shares of DHP India for ₹31.51 lakh at ₹507.90 apiece in an open market transaction, decreasing its stake from 9.55% to 9.35%.

A manufacturer of liquefied petroleum gas regulators and related components, DHP India designs and produces specialized equipment for the LP gas distribution sector. Incorporated in 1991, the company manufactures regulators, parts, and accessories that serve both industrial and domestic applications across India. Its focus on precision gas equipment manufacturing and component design distinguishes it within the broader oil equipment and services industry.

Founded in 2019, managing around Rs 712 cr in a deep-value smallcap strategy. Run by Gurmit Singh Narang (MA Economics, Delhi School of Economics) with a zero-management-fee structure: 20 percent performance share over a 10 percent hurdle. Concentrated bets on out-of-favour smallcaps.