Kacholia picks up this smallcap, which soared 350% in five years
, ETMarkets.com|
Updated: Jan 15, 2018, 04.09 PM IST
Shares of Vaibhav Global advanced as much as 3 per cent in Monday's trade after December quarter shareholding pattern of the company showed value investor Ashish Kacholia acquired some 1 per cent stake in the company during the quarter.
Earlier, he was not among the shareholders who held more that 1 per cent stake.
Another investor, Vijay Kedia, held 1.06 per cent stake in the company at the end of Q3FY18.
The stock opened at Rs 705 and touched a high and low of Rs 734.95 and Rs 700, respectively, during the day. The scrip closed at Rs 710.35, down 0.20 per cent on Monday.
On BSE, 16,000 shares of Vaibhav Global were traded on the counter against the average daily volume of 19,000 lakh shares in last two weeks.
The scrip had hit a 52-week high of Rs 768 on December 26, 2017 and a 52-week low of Rs 295 on January 18, 2017.
Vaibhav Global is engaged in the business of fashion jewellery and lifestyle accessories. The stock has given multibagger return to investors over the past five years, soaring 389 per cent to Rs 711 as of January 12, 2018 from Rs 145 in January 2013.
Earlier, he was not among the shareholders who held more that 1 per cent stake.
Another investor, Vijay Kedia, held 1.06 per cent stake in the company at the end of Q3FY18.
The stock opened at Rs 705 and touched a high and low of Rs 734.95 and Rs 700, respectively, during the day. The scrip closed at Rs 710.35, down 0.20 per cent on Monday.
On BSE, 16,000 shares of Vaibhav Global were traded on the counter against the average daily volume of 19,000 lakh shares in last two weeks.
The scrip had hit a 52-week high of Rs 768 on December 26, 2017 and a 52-week low of Rs 295 on January 18, 2017.
Vaibhav Global is engaged in the business of fashion jewellery and lifestyle accessories. The stock has given multibagger return to investors over the past five years, soaring 389 per cent to Rs 711 as of January 12, 2018 from Rs 145 in January 2013.
