Ace investor Ashish Kacholia bought a 2.52% stake in Jyoti Structures. The stock closed 4.8% higher. Promoters and the promoter group do not hold any stake in the company. The entire 100% stake is held by public shareholders like FPIs, AIFs, and insurance companies.
Carraro India turning the corner, offers an entry point
The company has in-house design and manufacturing capabilities. However, it historically has a lower operating margin before depreciation and amortisation (Ebitda margin) compared with peers.