Shankar Sharma-owned smallcap stock rallies 75% in 12 sessions despite unfavorable Sebi order. Should you buy?

May 17, 2023

Brightcom Group stock shot up nearly 5% on Wednesday, extending gains to 12 consecutive sessions. The stock, held by ace investor Shankar Sharma, has gained nearly 75% since it hit its 52-week low of Rs 9.35 on May 2, 2023. Sharma held 25,000,000 shares in the company as of March 2023 quarter, which accounted for 1.24% stake. On the movement, technical analyst Nilesh Jain said the stock trades circuit-

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