Investor Bets Big on Steel & Tech Stocks

Vallabh Bhanshali's recent investment of Rs 60 crore in Sunflag Iron and Steel has significantly impacted the company's stock, causing a 29% surge. Sunflag, established in 1984, is expanding into superalloys for aerospace and defense, and secured a coal block in May 2026.

An unusual aspect of Sunflag is its investment in Lloyds Metals, now valued at Rs 7,724 crore, exceeding Sunflag's own market cap. This investment distorts financial metrics like ROE and profit growth, making the core steel business appear free.

Separately, Hitesh Satishchandra Doshi, an investor with a portfolio over Rs 830 crore, holds a 3.1% stake in Schneider Electric President Systems. This company, which recently relisted on June 12, 2026, has seen its stock price triple in approximately one month.

Following such investors requires careful analysis of entry prices and market dynamics, as stock performance and information differ significantly from the investor's original position. It is advisable to watch these stocks rather than blindly follow.