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This Ashish Kacholia-backed smallcap stock zoomed 29% in just 3 days

This Ashish Kacholia-backed smallcap stock zoomed 29% in just 3 days

Aeroflex Industries: The stock soared 10.94 per cent to hit a day high of Rs 216.50. At this price, it has gained 29.22 per cent in just trading days.

Prashun Talukdar
Prashun Talukdar
  • Updated Jun 20, 2025 2:47 PM IST
This Ashish Kacholia-backed smallcap stock zoomed 29% in just 3 daysAeroflex Industries: Ace investor Ashish Kacholia held a 1.92 per cent stake in the company.

Shares of a smallcap entity, named Aeroflex Industries Ltd, continued to register a strong uptick for the third straight session on Friday. The stock soared 10.94 per cent to hit a day high of Rs 216.50. At this price, it has gained 29.22 per cent in just trading days.

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The counter logged heavy trading volume, along with price action as around 87.89 lakh shares were last seen changing hands on BSE. The figure was way more than the two-week average volume of 6.97 lakh shares.

Turnover on the counter came at Rs 183.29 crore, commanding a market capitalisation (m-cap) of Rs 2,704.74 crore. There were 2.59 lakh sell orders placed today against buy orders of around 1.29 lakh shares.

On the technical front, the scrip traded higher than the 5-day, 10-, 20-, 30-, 50-, 100-, 150-day and 200-day simple moving averages (SMAs). Its 14-day relative strength index (RSI) came at 80.47. A level below 30 is defined as oversold while a value above 70 is considered overbought.

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As per BSE, the company's stock has a price-to-earnings (P/E) ratio of 53.08 against a price-to-book (P/B) value of 8.54. Earnings per share (EPS) stood at 3.93 with a return on equity (RoE) of 16.09. According to Trendlyne data, Aeroflex Industries has a one-year beta of 1.61, indicating high volatility.

Aeroflex Industries made a stellar market debut in August 2023, listing at Rs 197 per share — an 83 per cent premium over its issue price of Rs 108.

As per exchange data available till March 2025, ace investor Ashish Kacholia held a 1.92 per cent stake in the company. Promoters Sat Industries Ltd (61.23 per cent) and Italica Global - FZC (5.76 per cent) collectively owned 66.99 per cent of Aeroflex Industries.

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Incorporated in 1993, the company is engaged in the manufacturing and supply of metallic flexible flow solutions made from stainless steel.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
Published on: Jun 20, 2025 2:47 PM IST
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