These 10 companies had fixed July 09 as the record date for a dividend payout of up to Rs 30 per share.
Other major holdings in his portfolio encompass ITC (down 3%), VIP Industries (down 7%), Infosys (down 1.5%), Grindwell Norton (down 3.5%), Cummins India (down 13%)
In the past one week, the stock has outperformed the market by gaining 24 per cent, as compared to 1.5 per cent rise in the S&P BSE Sensex
The stock rallied 14% to Rs 721 on the BSE in otherwise weak market.