The financial numbers for listed companies in the exchanges have started to trickle in as March has ended. And with that come across the shareholding patterns. It is an interesting time for investors and market enthusiasts alike to see what changes have happened in the portfolios of Super investors of India, or the Warren Buffett of India.
While many investors and ‘pundits’ focus on the new stocks in these envy inducing portfolios, there are a few stocks these Warren Buffetts have sold in the last quarter. Which are these stocks and what is the course of action if you own any of them?
Let us look at the 5 stocks in question here.
Sundaram Finance Ltd
Established in 1954, Sundaram Finance Ltd is engaged in retail finance across multiple domains like Vehicle finance, Home Finance, Mutual Funds, General insurance, and financial service distribution.
With a market cap of Rs 58,257 cr, the Retail King of India, Radhakishan Damani had a 2.37% stake in the company since March 2016 (as far as data is available in Trendlyne.com) until the quarter ending December 2024. However, as per the recent exchange filings, this holding has gone below 1%.
The company’s sales have grown at a compound rate of 15% in the last 5 years, while the financing profit has seen a compound jump of about 15% in 5 years. The net profits have seen a compound jump of 12%.
The share price of Sundaram jumped from around Rs 1,220 in April 2020 to its price as on closing on 17th April 2025, which is Rs 5,244. That is a jump of almost 330% in just 5 years.
The company’s share is trading at a current PE of 36x while industry median is just around 22x. The 10-year median PE for Sundaram is 23x, while the industry median for the same period is a just 18x.
Ceat Ltd
Up next is a part of the RPG Group, Ceat Ltd, one of the largest tyre manufacturers and one of the fastest-growing tyre companies in India.
Currently the market cap of Ceat is Rs 12,216 cr. Ace investor Mukul Agarwal held a stake in Ceat since September 2022 as per trendlyne.com. As of the quarter ending December 2024, the holding was 1.11% which has now gone below 1%.
The company’s sales have grown at a compound rate of 11% in the last 5 years, while the EBITDA (earnings before interest, taxes, depreciation, and amortisation) has seen a compound jump of about 21% in 5 years. The net profits have seen a compound jump of 19% in the same period.
The share price of CEAT was about Rs 815 in April 2020, and as on the closing for 17th April 2025, the price was at Rs 3,020. Which is a jump of 270%.
The company’s share is trading at a current PE of 24x while industry median is just around 26x. The 10-year median PE for Ceat is 20x, while the industry median for the same period is a just 19x.
RPSG Ventures Ltd
A part of the RP Sanjiv-Goenka Group, RPSG Ventures Ltd operates a diversified portfolio of businesses including information technology (IT) services, business process management (BPM), fast moving consumer goods (FMCG), Ayurveda formulations, real estate, sports, and restaurants.
The company was listed in January 2019 and has a current market cap of Rs 2,864 cr. Super investor and Warren Buffet of India, Ashish Dhawan held a stake in the company since March 2019 (as per trendlyne.com), which has now gone below 1%.
The company’s sales have grown at a compound rate of 13% in the last 5 years and the EBITDA grew at a compound rate of 27% in the same period. The net profits have seen a compound jump of 26% in last 5 years.
The share price of RPSG Ventures have seen a jump pf 113% since it was listed in January 2019 at around Rs 406. The current price as on closing of 17th April was Rs 866.
The company’s share is currently trading at a negative PE which is why is not available on screener or trendlyne. The industry median currently however is 33x.
The Hi-Tech Gears Ltd
Next is The Hi-Tech Gears Ltd, an auto components manufacturer primarily engaged in the business of manufacturing gears and transmission components.
Currently the market cap of Hi-Tech Gears is Rs 1,221 cr, and the company had seen a holding by who we can call the trye Warren Buffet of India, Nemish Shah. He held a stake in the company since as long back as December 2015 (the farthest data available on trendlyne.com). December 2024 end, he held 7.2% of shares which has now gone down to less than 1%.
The company’s sales have grown at a compound rate of just 4% in the last 5 years, while the EBITDA logged in a compound jump of about 6% in 5 years. The net profits have seen a compound jump of 11% in the same period.
The share price of Hi-Tech Gears was Rs 650 as on the closing of 17th April 2025, which is 563% higher them its 5-year-old price of April 2020 which was around Rs 98.
The company’s share is trading at a current PE of 25x and industry median is also around 25x. The 10-year median PE for Hi-Tech Gears as well as the industry median is once again same at 24x.
BirlaNu Ltd
Last in the list today is one of the leading Companies in the building materials and construction industry with robust product pipeline and wide range. Earlier known as Hyderabad Industries Ltd (HIL), the company rebranded itself into BirlaNU Ltd in March 2025.
With a current market cap of Rs 1,431 cr, the company had seen interest from one of India’s Warren Buffet, Sunil Singhania, the founder of Abakkus Asset Management. Abakkus held a stake in BirlaNU since June 2020 as per Trendlyne.com. As per the recent exchange filings, the same has gone below 1%.
The company’s sales have grown at a compound rate of 9% in the last 5 years, while the EBITDA also saw a drop form Rs 244 cr in FY19 to Rs 125 cr in FY24. The net profits have seen a compounded drop of 21% in the last 5 years.
The share price of BirlaNU was about Rs 720 in April 2020, and as on the closing for 17th April 2025, the price was at Rs 1,897. Which is a jump of 164%.
The company’s share is trading at a negative PE currently, but the industry median is 35x. The 10-year median PE for the company is also a negative, while the industry median for the same period is 14x.
Time to Tread with Caution?
When names like Damani, Agarwal, Dhawan, Singhania and Nemish Shah are being discussed, investors from every level of the investor’s ecosystem take notes. Any small movement from these Warren Buffets of India can send the community into detective mode.
Their buys bring across hope for many as most investors would just want a piggyback ride to some good returns. But their sell offs are something that could send ripples across the markets. After all, they have thousands of crores in holding between them. So, when they sell, it is a good strategy check the stocks if you hold any of them.
What must be considered however is that these investments that they just got out of, were held by them for long period and could have achieved the target they had set them. It might now be the case with every investor. Keeping a vigilant eye on these stocks seems like a very strong idea now whether you own them or not.
Disclaimer
Note: We have relied on data from www.Screener.in and www.trendlyne.com throughout this article. Only in cases where the data was not available, have we used an alternate, but widely used and accepted source of information.
The purpose of this article is only to share interesting charts, data points and thought-provoking opinions. It is NOT a recommendation. If you wish to consider an investment, you are strongly advised to consult your advisor. This article is strictly for educative purposes only.
Suhel Khan has been a passionate follower of the markets for over a decade. During this period, He was an integral part of a leading Equity Research organisation based in Mumbai as the Head of Sales & Marketing. Presently, he is spending most of his time dissecting the investments and strategies of the Super Investors of India.
Disclosure: The writer and his dependents do not hold the stocks discussed in this article.
The website managers, its employee(s), and contributors/writers/authors of articles have or may have an outstanding buy or sell position or holding in the securities, options on securities or other related investments of issuers and/or companies discussed therein. The content of the articles and the interpretation of data are solely the personal views of the contributors/ writers/authors. Investors must make their own investment decisions based on their specific objectives, resources and only after consulting such independent advisors as may be necessary.