Mukul Agarwal buys 1.62% stake in True Colors as shares lag 10% below IPO price

Published on 24 April 2026

Why is an ace investor stepping in as trading dips

Ace investor Mukul Agarwal increased his exposure to True Colors, adding a 1.62% stake during the quarter ended March 31. The purchase involved nearly 4 lakh shares, even as the stock continues to trade about 10% below its IPO price. The move highlights investor appetite despite a softer market debut.

Mukul Agarwal added a 1.62% stake in True Colors
The purchase covered nearly 4 lakh shares in Q4
Shares are still about 10% below IPO price
Signal suggests confidence despite early-market weakness

#true colors #stock market #mukul agarwal #ipo #investor

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Mukul Agarwal buys 1.62% stake in True Colors as shares lag 10% below IPO price

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