Mangal Electrical Industries‘ pre-listing shareholder lock-in is likely to be lifted on Monday, November 24 and nearly 10 lakh shares accounting for 4% of the total outstanding shares are set to enter the markets, according to Nuvama’s estimates. While the shares will be eligible for sale, the onus rests with the investors whether to sell … Read more
Shares of Ashish Kacholia-backed Fineotex Chemical rallied sharply on Friday, surging 16.6% to an intraday high of Rs 271 on the BSE. The smallcap specialty chemical stock witnessed strong investor interest after the company informed exchanges that its Board of Directors will meet on Saturday, September 27, to consider several key proposals. In its filing, … Read more
Shakti Pumps India, the solar pump and EV motor manufacturer that delivered jaw-dropping 16x returns in the previous two years, is now bleeding in 2025. The smallcap stock that rewarded brave investors with 523% gains in 2024 alone, turning every lakh invested into over ₹6 lakhs, has crashed into bear market territory, losing 24% of … Read more
Goldman Sachs on Tuesday sold 89,314 shares worth Rs 17.5 crore in smallcap stock Teamlease Services via a block deal. The shares were sold via Goldman Sachs Funds – Goldman Sachs India Equity Portfolio at a price of Rs 1,960 per share. Goldman Sachs holds stake in TeamLease Services via three funds, namely Goldman Sachs … Read more
Ace investor Madhuri Madhusudan Kela has added Rs 965 crore worth of new investments to her portfolio, as revealed in the December quarter shareholding patterns of Waaree Energies and small-cap non-banking financial company (NBFC) Indostar Capital Finance. According to the latest shareholding update, Kela acquired 33.41,700 shares in Waaree Energies, securing a 1.16% stake in … Read more
Shares of smallcap stock Gujarat Toolroom today zoomed 5% to hit their upper circuit at Rs 18.08 on the BSE today after the company on Wednesday announced that it will consider a 5:1 bonus share issue in its upcoming board meeting on January 5. “Pursuant to Regulation 29(1)(f) of the SEBI (Listing Obligations and Disclosure … Read more
Morgan Stanley bought over 6.7 lakh shares in Niyogin Fintech at a total cost of Rs 3.74 crore via a block deal on Tuesday. The stock was purchased at a price of Rs 55.65 apiece, up 2.8% against the Monday closing price of Rs 54.14 on the BSE. The seller in the deal was Think … Read more
Ace investor Ashish Kacholia has bought a 2.52% stake in the smallcap stock Jyoti Structures, according to the shareholding pattern for quarter ended June 2024, following which the stock closed 4.8% higher at Rs 26.75 on BSE. According to the data available on BSE, Ashish Kacholia holds nearly 2.2 crore shares in the company. For … Read more
The Board of BigBloc Construction, which has delivered multibagger returns to investors over the last few years, will meet on July 19 to consider and approve the bonus issue of shares. The company’s Board will also consider a proposal to increase the authorised share capital. The company’s current share capital stands at Rs 14.14 crore … Read more
Ace investor Dolly Khanna added three new smallcap stocks to her portfolio in the quarter ended March 31, 2024, viz. Repco Home Finance, Som Distilleries & Breweries and Selan Exploration Technology. The inclusion comes on the back of a strong rally in these stocks over the last one-year. Khanna bought a 1.11% stake in Repco … Read more