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madhuri kela portfolio stocks: Madhuri Kela raises stake in Sangam (India) to 5 85% in June; stock surges 8%

The smallcap stock has a market capitalisation of Rs 1,560.37 crore. Around 2 lakh shares of the company were trading on the NSE at 10:50 am with the traded value of shares standing at Rs 6.30 crore.

Asian Energy Services Limited announces INR 85 Cr Preferential Issue of warrants

Asian Energy Services Limited announces INR 85 Cr Preferential Issue of warrants
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Madhusudan Kela portfolio: Madhusudan Kela s wife-owned samllcap stock jumps 21% in 2 days

Madhuri Kela, the spouse of Madhusudan Kela, has acquired an additional 1.67% stake in Sangam India, a textile and apparel firm, at an average price of INR268 per share. This has contributed to the company s stock prices soaring 21% on BSE in just two days. Madhuri s public shareholdings stand at four stocks with a net worth of over INR65 crore. Despite the company s declining Q4FY23 net profit of INR30 crore, down 44% YoY, its total income for FY23 stands at INR2,729 crore, up 11.6% compared to FY22.

Stocks in news: Axis Bank, CDSL, D-link India, TCS, HCL Tech

BSE sells stake in CDSL via bulk deal; Madhusudan Kela s wife Madhuri Kela buys in Sangam

BSE has sold 4.5% stake or 47.44 lakh shares in Central Depository Services Ltd (CDSL) through open market transactions to comply with regulatory norms, which state that a stock exchange can only hold a 15% stake in a depository. ICICI Pru Tech fund bought 5.28 lakh shares in CDSL or around 0.5%. Meanwhile, Madhuri Kela, wife of Madhusudan Kela, acquired a 1.67% stake in Sangam India by buying 8.4 lakh shares. Sangam India is the largest producer of PV dyed yarn in Asia with an annual capacity to produce 30 million meters of fabric and 48 million meters of denim.

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