Mukul Agrawal cuts stake in low PE infra stock

Ace investor Mukul Mahavir Agrawal reduced his stake in J Kumar Infraprojects to 2.55% in the June 2026 quarter from 2.61% previously. The infrastructure stock currently trades at a P/E of 9.73, while promoter holding remained stable at 46.64% and FII ownership declined to 11.68%.

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