Archive · 4 Nov 2025
India's 'Warren Buffett' Nemish Shah Adjusts Key Holdings
There's a super investor in India named Nemish Shah, sometimes called India's Warren Buffett because he's really good at picking stocks.
He doesn't change his investments very often, so when he does, people pay close attention.
Recently, he bought a little more stock in a company that makes machines for making clothes, called Lakshmi Machine Works (LMW).
He's owned this company's stock for a long time.
At the same time, he sold a small amount of stock in a company that makes glass for cars and buildings, called Asahi India Glass.
He's also owned this company's stock for a long time.
Even though LMW had a tough financial year recently, its stock price has gone up a lot over the past five years.
Asahi India Glass has shown good growth in sales and profits and its management is feeling positive about the future.
People are curious why Nemish Shah made these changes, but his investment strategies are his own.
Nemish Shah, an investor likened to Warren Buffett, has made notable adjustments to his portfolio.
He increased his stake in Lakshmi Machine Works (LMW), a textile machinery manufacturer, to 5.4% from 3.3%.
He decreased his stake in Asahi India Glass Ltd, an integrated glass solutions provider, to 5.7% from 6%.
LMW experienced a financial dip in FY25 despite significant share price growth over five years and a high PE ratio.
Asahi India Glass has shown consistent sales and profit growth with a positive outlook from its management.
- Who
- Nemish Shah, an Indian investor often compared to Warren Buffett, and his firm ENAM Securities.
- What
- Nemish Shah has increased his stake in Lakshmi Machine Works (LMW) and reduced his stake in Asahi India Glass Ltd.
- When
- Recent filings for the quarter ending September 2025 reflect these changes.
- Where
- India
- Why
- The article does not explicitly state Shah's reasons for the changes, but notes that LMW experienced a downturn in FY25 while Asahi India Glass shows solid financial promise and optimistic future outlook.
- Nemish Shah's Personal Portfolio Net Worth
- Rs 3,240 crore
- ENAM Securities Pvt Lt Portfolio Value
- Rs 15,720 crore
- Lakshmi Machine Works (LMW) Market Cap
- Rs 16,973 crore
- Asahi India Glass Ltd Market Cap
- Rs 23,825 crore
- Nemish Shah's LMW Stake Increase
- From 3.3% to 5.4%
- Nemish Shah's Asahi India Glass Stake Decrease
- From 6% to 5.7%