SG Finserv is an RBI-registered NBFC offering business financing solutions.
The stock has gained 33% over the past six months, outperforming a weak broader market where the Nifty and Sensex declined over 4% and 5%, respectively.
Meanwhile, Aeroflex Industries is another smallcap counter with a market capitalization of Rs 3,860.75. It has had a stellar run on the D-Street, delivering nearly 80% returns over one year. Its stock is currently trading above its 50-day and 200-day simple moving averages (SMAs) of Rs 219 and Rs 194, respectively, according to Trendlyne data.
Aeroflex Industries manufactures stainless steel flexible flow solutions, operating from an advanced facility in Taloja, Navi Mumbai. The company specializes in producing metallic flexible hoses and assemblies using high-grade stainless steel.
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Kacholia, fondly called the ‘Big Whale’, started out with Prime Securities and later joined Edelweiss before incorporating his own broking firm, Lucky Securities, in 1995. As per the latest corporate shareholdings compiled by Trendlyne, the marquee investor publicly holds 50 stocks with a net worth of over Rs 2,607.5 crore.His other key bets include Tanfac Industries, Safari Industries, Beta Drugs, Stove Kraft, Ador Welding, Man Industries and Vaibhav Global.
Shares of Aeroflex Industries today traded 6% higher at Rs 291.25 on the NSE while those of SG Finserve gained 2% to hit the day’s high of Rs 473 on the NSE.
Also read: Brand Concepts bulk deal: Ashish Kacholia exits microcap as stock price erodes 36% in a year
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