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Promoters to purchase 11,15,000 shares worth Rs 20,85,00,000: This Multibagger auto ancillary company announced stellar performance in FY24!
Promoters to purchase 11,15,000 shares worth Rs 20,85,00,000: This Multibagger auto ancillary company announced stellar performance in FY24!

Promoters to purchase 11,15,000 shares worth Rs 20,85,00,000: This Multibagger auto ancillary company announced stellar performance in FY24!

The shares of the company have delivered a return of over 310 per cent to its shareholders in 3 years.

Rakesh Deshmukh Article rating: 3.5

Promoters have continuously increased their stake, rising from 49.13 per cent to 59.35 per cent. This marks the fifth time that promoters have increased their stake.

Hidden Gem: This multibagger micro-cap company to raise funds for expansion, debt reduction, and EV subsidiary investment!
Hidden Gem: This multibagger micro-cap company to raise funds for expansion, debt reduction, and EV subsidiary investment!

Hidden Gem: This multibagger micro-cap company to raise funds for expansion, debt reduction, and EV subsidiary investment!

The stock is up by 60 per cent in just 1 year and gave multibagger returns of over 450 per cent in 3 years.

Kiran Shroff Article rating: 4.3

“The opportunities are huge. The time is ripe. So, we are moving ahead confidently to make it happen. After all, all Kinetic stakeholders, deserve the best,” added Mr. Firodia.

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