Ashish Kacholia Gains Rs 91,78,971 In A Single Day As This Small-Cap Multibagger Hits Four Consecutive Upper Circuits
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IndoSMC has surged over 21 per cent in the last four trading sessions, hitting four consecutive upper circuits and scaling a new all-time high, while ace investor Ashish Kacholia's holding gained approximately Rs 91,78,971 in a single trading session
✨ Key Takeaways
On Thursday, Indian equity benchmarks traded marginally higher, with the benchmark Nifty 50 index gaining 12.95 points, or 0.05 per cent, to 24,098.65. Amid the broader market movement, IndoSMC share price were locked in the 5 per cent Upper Circuit at Rs 343.80, up Rs 16.35 during the session.
IndoSMC Stock Hits Four Consecutive Upper Circuits
IndoSMC has been witnessing strong buying interest in recent sessions. The stock has surged approximately 21 per cent over the last four trading sessions, hitting the upper circuit in each session and touching a fresh all-time high.
The rally has also translated into strong medium-term returns, with the stock gaining 53.38 per cent in the last one month and 122.09 per cent over the past six months, making it one of the notable performers in the SME segment.
The company currently commands a market capitalisation of approximately Rs 786 crore.
Ashish Kacholia Gains Over Rs 91 Lakh In A Day
Ace Investor Ashish Kacholia held a 2.46 per cent stake in the company as of March 2026, equivalent to 5,61,405 shares.
Based on Thursday's gain of Rs 16.35 per share, the value of his holding increased by approximately Rs 91,78,971 during the trading session alone.
The sharp rise in the stock price has further boosted the value of Kacholia's investment, highlighting growing investor interest in the company.
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IndoSMC Shareholding Pattern
As of March 2026, promoters held 60.25 per cent of the company's equity, while Foreign Institutional Investors (FIIs) owned 0.82 per cent and Domestic Institutional Investors (DIIs) held 6.79 per cent.
Public shareholding stood at 32.14 per cent, indicating a relatively concentrated ownership structure.
About IndoSMC
IndoSMC Ltd operates in the industrial and engineering solutions segment and is engaged in providing products and services catering to manufacturing and industrial customers. The company focuses on delivering technology-driven solutions and has built a presence across various industrial applications.
As an SME-listed company, IndoSMC has demonstrated strong growth in recent months, supported by improving business performance and increasing investor participation. The stock's recent rally has attracted market attention as it continues to trade at record-high levels.
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Disclaimer: The article is for informational purposes only and not investment advice.