According to reports from The Economic Times, Sunil Singhania's Abakkus Asset Management added two new stocks during the first quarter of FY27 while also increasing holdings in existing positions. The firm acquired a 1.97% stake in Afcom Holdings, purchasing 5.66 lakh shares through the Abakkus Emerging Markets Fund. Additionally, Singhania's Abakkus Diversified Alpha Fund purchased 2.93 lakh shares representing a 2.07% stake in TTK Healthcare. As one of India's most closely watched veteran investors, Singhania's investment decisions are widely tracked as indicators of emerging opportunities and changing market sentiment.
As reported by The Economic Times, Afcom Holdings has delivered exceptional returns with a 93% gain over the past six months and has risen nearly 500% in the last year. The Chennai-based international cargo airline transports goods on an airport-to-airport basis, focusing on supply chain solutions across ASEAN and neighbouring countries. TTK Healthcare has gained 17% in the last month but remains down 15% over the past year, with the company operating in pharmaceuticals, medical devices, consumer goods, protective devices and foods.
According to shareholding data from BSE reported by The Economic Times, Abakkus Asset Management increased its stake in Arvind Fashions by an additional 0.9% to 1.9%, taking its total shareholding to 24.82 lakh shares. The stock is currently down 7% in 2026. The fund also raised its stake in Cyient DLM, picking up an additional 0.3% and taking its holding from 1.9% to 2.2% during the quarter under review. Cyient DLM reported strong financial results for Q1 FY27, with profit after tax (PAT) of ₹16.3 crore, more than doubling from ₹7.4 crore in the year-ago period and registering 118.2% year-on-year growth.
As reported by The Economic Times, Cyient DLM reported strong financial results for Q1 FY27, with profit after tax (PAT) of ₹16.3 crore, more than doubling from ₹7.4 crore in the year-ago period and registering 118.2% year-on-year growth. The company's revenue increased 34.3% year-on-year to ₹373.8 crore, compared with ₹278.4 crore in the corresponding quarter last year.
According to The Economic Times, the fund manager reduced holdings in five companies during the quarter: Suven Life, Avalon Technologies, Rupa & Company, IIFL Capital and Hindware. The manager has likely exited stocks where holdings fell below the 1% disclosure threshold. HimatSingka Seide shares have witnessed a sharp downturn, falling 46% in the last one year, likely prompting an exit by the market expert. Sunil Singhania's holding in Sarda Energy Minerals dipped below 1% from 1%, while SPR Auto Tech shares rallied nearly 80% in the last year, helping the fund manager book profits.
