Indo-National Limited

Sharad Kanayalal Shah increased his stake in Indo-National Limited from 4.22% to 4.24%, buying 1,000 shares. The additional shares are worth approximately ₹3.39 lakhs at a share price of ₹338.60.

A manufacturer and marketer of batteries, torches, LED products, and electrical accessories, Indo National also produces consumer items including mosquito bats, razors, and blades. Incorporated in 1972, the company operates across both industrial and retail segments throughout India. Its diversified product portfolio spans energy solutions, lighting products, and household essentials, positioning it as a multi-category consumer and industrial goods provider serving varied customer needs.

Runs Sharad Kanayalal Shah and Associates with a deceptively diversified strategy, ~₹327 Cr across 68 micro-cap stocks: Jost's Engineering, Mazda Ltd, Diamines & Chemicals. Niche businesses with limited analyst coverage and strong market positions. Active buyer: new positions added every quarter. One of India's most prolific individual investors by breadth of discovery.