Akash Bhanshali Gains Rs 10,90,50,940 In A Single Day As This Multibagger Textile Manufacturer Stock Jumps 5%; DII Stake Increases
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Welspun Living shares gained nearly 5 per cent on Wednesday, taking the value of ace investor Akash Bhanshali's 1.44 per cent stake up by Rs 10,90,50,940 in a single day.
✨ Key Takeaways
On Wednesday, Indian equity benchmarks traded higher, with the benchmark Nifty 50 index rising 0.64 per cent to 23,976.80. Amid the positive market sentiment, Welspun Living's share price surged 4.87 per cent to Rs 169.55, outperforming the broader market.
Akash Bhanshali Gains Rs 10.91 Crore In A Single Day
According to the latest shareholding pattern for March 2026, Ace Investor Akash Bhanshali held a 1.44 per cent stake in Welspun Living, equivalent to 1,38,56,511 equity shares. With the stock rising Rs 7.87 during Wednesday's trading session, the value of his holding increased by approximately Rs 10,90,50,940 (Rs 10.91 crore) in a single day.
Welspun Living Shareholding Pattern
As of March 2026, promoters held a 66.24 per cent stake in the company. Foreign Institutional Investors (FIIs) owned 4.99 per cent, while Domestic Institutional Investors (DIIs) increased their holding to 11.18 per cent from 10.43 per cent in the December 2025 quarter. Public shareholding stood at 17.22 per cent. The increase in DII ownership reflects continued institutional confidence in the company's business outlook and growth prospects.
Welspun Living Share Price Performance
Welspun Living has delivered strong returns across multiple time periods. The stock has gained 22.33 per cent in the last one month, 25.60 per cent over the past six months and 29.21 per cent during the last one year. The company currently commands a market capitalisation of approximately Rs 16,238 crore.
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About Welspun Living
Welspun Living Ltd is one of India's largest home textiles manufacturers and a globally recognised supplier of bed linen, bath products, flooring solutions and home furnishing products. The company exports its products to several countries and serves leading global retailers, making it one of the most prominent players in the home textile industry.
The company operates an integrated business model covering product design, manufacturing, branding and distribution. Along with its core home textile business, Welspun Living has expanded into flooring solutions, advanced textiles and sustainable product offerings. The company continues to focus on innovation, operational efficiency and environmentally responsible manufacturing to strengthen its position in domestic and international markets.
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Disclaimer: The article is for informational purposes only and not investment advice.