Ashish Kacholia lost Rs 12,62,23,696 in this small-cap, which was once a multibagger; would the stock bounce back, considering strong institutional holdings?
Ashish Kacholia lost Rs 12,62,23,696 in this small-cap, which was once a multibagger; would the stock bounce back, considering strong institutional holdings?

Ashish Kacholia lost Rs 12,62,23,696 in this small-cap, which was once a multibagger; would the stock bounce back, considering strong institutional holdings?

Acquiring a staggering 253,004 shares at an average price of Rs 1163. Fast forward to the present, and the stock currently trades at Rs 664.10, reflecting a decline of Rs 498.9.

Karan Dsij Article rating: 3.7

Yet, the plot thickens when examining the institutional landscape. Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) have nearly doubled their holdings since April 2021, surging from 9.2 per cent and 13.1 per cent to 18.1 per cent and 25.2 per cent, respectively.

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