According to the bulk deal data from BSE, Kacholia picked up 200,000 equity shares amounting to a 1.38 per cent stake at an average price of Rs 569.89.Ashish Kacholia’s purchase is valued at Rs 11.4 crore, according to the average price.Following the update, shares of Agarwal Industrial Corporation surged 7 per cent to Rs 640 on Thursday.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of