Jyoti Structures Share Price: Jyoti Structures shares surge 10% after big shark Ashish Kacholia buys 2.52% stake
Shares of Jyoti Structures surged 10% to a day’s high of Rs 29.3 in Tuesday’s trade on the BSE after ace investor Ashish Kacholia acquired a 2.52% stake in the small-cap firm.
Meanwhile, by 10:13 am, the stock was trading 7.7% higher at Rs 28.8. Jyoti Structures’ shares have also risen by 91% over the past year and gained 55% year-to-date.
According to the data available on BSE, Ashish Kacholia holds nearly 2.2 crore shares in the company.
For the quarter ended June 2024, the promoters and the promoter group do not hold any stake in the company and the entire 100% stake is held by the public shareholders like foreign portfolio investors (FPIs), alternate investment funds (AIF), insurance companies etc.
In August, Jyoti Structures secured…