DSIJ Mindshare

Shares of this company jumped more than 25 per cent in the last 6 months.

KIVL is engaged in aquaculture farming, seafood processing, international trade of marine products, aquaculture consultancy, food-related infrastructure development and domestic marketing and supply of retail packed marine products.

Open positions, in terms of the number of contracts and value, exceeded the first day of full-scale operations by 32 per cent and 35 per cent, respectively. The commencement of full-scale operations saw 2,37,108 contracts worth USD 9.14 billion (Rs 74,987 crore equivalent) in Gift Nifty.

These initiatives mark a significant stride towards a sustainable and greener future.

Ashish Kacholia, a prominent investor, hold a 1.10 per cent stake in Megastar Foods, which translates to total ownership of 1,12,968 equity shares in the company. However, given Kacholia's recent decision to exit his position in the stock, it has left investors speculating about the company's future prospects. Could this be a signal that the stock has reached an overhyped valuation, and its merry run might be coming to an end?