Super investors Vanaja Iyer and Sangeetha S have hit the sell button on two of their long-held stocks.
Vanaja trimmed her stake in Hariom Pipe from 2.3% to 1.3% — despite strong financials.
Sangeetha exited or reduced her position in Star Delta Transformers, held since 2015.
Hariom Pipe has posted stellar growth, with profits rising from ₹8 cr to ₹62 cr in 5
years.
Yet, the stock trades 50% below its all-time high, raising eyebrows about the timing.
Star Delta’s stock jumped 880% in 5 years but is now down 47% from its peak.
It remains debt-free with strong margins and solid ROCE, yet saw an investor
exit.
These moves signal caution — investors are watching closely: strategic exit or red
flag?