Shares of smallcap firm Zaggle Prepaid Ocean Services, backed by ace investor Ashish Kacholia, surged 20% over the past two trading sessions on the BSE, hitting a 52-week high of Rs 420. The rally followed the company’s announcement of a partnership with HDFC Ergo General Insurance Company. In an exchange filing on Monday, Zaggle stated, … Read more
Ace investor Ashish Kacholia has reduced his holdings in three smallcap counters in the March ended quarter viz Aditya Vision, Safari Industries (India) and Universal Autofoundry. Kacholia trimmed his stake in Aditya Vision by 12 bps to 1.87 at the end of the January-March quarter versus 1.99% at the close of the December quarter. Aditya … Read more
Mumbai: The stock exchanges have removed 39 small-cap stocks from the Enhanced Surveillance Measure (ESM) framework, effective from January 29, 2024. According to the stock exchange circular issued on Thursday, stocks such as Rajoo Engineers, Brand Concepts, Modern Insulators, BPL, Mirc Electronics, Shreyans Industries and Aban Offshore, among others, are included in the list of … Read more
