Multibagger stock: Ashish Kacholia owned 5,43,000 shares or 2.29 per cent stake in this company. Analysts noted that the company has been consistently gaining share and is posing a credible threat to other players.
On Monday, 2025 stocks advanced, 1661 declined and 201 remained unchanged, with an advance decline ratio of 1.22 on the Bombay Stock Exchange (BSE), indicating a positive closing of stocks in broader markets. Strong results in the pharma and IT industries helped the Indian market start the week with modest gains. The market was cautious due to the upcoming release of inflation data and the RBI s monetary policy.
A small negative candle was formed on the daily chart with minor upper and lower shadows. Technically, this pattern indicates sideways movement in the market with a weak bias at the crucial resistance of 19,650 levels