The initial public offering (IPO) of Mumbai-based Aeroflex Industries, backed by marquee investor Ashish Kacholia, will open on August 21 and close on 23. The allocation to anchor investors will be finalized on August 18. The company filed preliminary IPO papers with the regulator in March and secured regulatory approval for the same earlier this … Read more
Mumbai-based Aeroflex Industries has received approval from the market regulator for its Rs 350 crore Initial Public Offering (IPO). The company has secured a final observation from the Securities and Exchange Board of India (Sebi), which equates to approval. Aeroflex filed its preliminary IPO papers with the regulator in March of this year. Prior to … Read more
Ace investor Ashish Kacholia added Venus Pipes & Tubes to his portfolio in the quarter ended June while paring stake in seven other stocks, including D-Link (India), Likhitha Infrastructure, Shaily Engineering Plastics and United Drilling Tools. Kacholia’s 1.97% stake purchase in Venus Pipes comes on the back of a strong rally in the stock with … Read more
Ace investor Ashish Kacholia has added two smallcap multibagger stocks to his portfolio during the June quarter. According to Trendlyne data, Kacholia picked up a 1.6% stake in Ugro Capital and 1.2% in SG Finserve, both companies in which he hasn’t had any holding previously. UGRO Capital is a data tech lending platform that uses … Read more
Ace investor Ashish Kacholia has picked up a 1% stake in smallcap company during the quarter ended December 2022. Kacholia is now the third big investor to have picked a stake in the studded jewellery maker. Other two market veterans — Ramesh Damani and Mukul Mahavir Agrawal — are already among its key public shareholders. … Read more
Ace investor Ashish Kacholia offloaded 1.64 lakh shares or 0.65% stake in through open market transactions in a bulk deal. According to NSE data, Kacholia sold the shares at an average price of Rs 307.1 apiece. The total worth of the deal was Rs 5,04,95,53. In Wednesday’s intraday trade, shares of S P Apparels rallied … Read more
New Delhi: , the glass products maker, has been on a roll lately. The stock has rallied as much as 20 per cent in the last one month. The stock is up a dozen percentage points since announcements of Q1 results on August 13, 2022. Most brokerage firms remain bullish on the counter and see … Read more
Chennai-based Dolly Khanna, whose portfolio is managed by her husband Rajiv Khanna, picked up stocks such as Chennai Petroleum Corporation, National Oxygen and Monte Carlo Fashions. Chennai Petroleum surged 145% in the June quarter amid rising crude oil prices. Source link
As the second wave of the pandemic hit the economy and various businesses, wellknown investors of Dalal Street loosened their purse strings to buy some beaten-down stocks. These stock pickers, whose purchases and sale of stocks are tracked by market participants, raised their bets or bought afresh shares of fi nancial, metal and textiles companies … Read more