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This Small-Cap Stock Zooms 5% After Marquee Investor Acquires 0.7% Stake in it

Published 28-12-2021, 12:01 pm
SAST
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By Malvika Gurung

Investing.com -- Veteran investor Ashish Kacholia bought 2.25 lakh equity shares of the online pharmacy and healthcare services provider Sastasundar Ventures Ltd (NS:SAST) in a block deal on Monday, as per the NSE data.

Buying 2.25 lakh shares at Rs 447 apiece, Ashish Kacholia has acquired a 0.7% stake in the small-cap stock. As of September 2021, the marquee investor held 3.3 lakh shares, accounting for a 1.04% stake in the company. 

Sastasundar Ventures is a multi-bagger stock, which has risen over 260% this year on a year-to-date basis. In January 2021, the stock was trading for Rs 125/share, which has rallied to over Rs 460/share now.

After the ace investor wicked up about 0.7% stake in the healthcare services company on Monday, shares of Sastasundar Ventures have shot 5% to Rs 466.85 apiece, and have locked at the upper circuit level on Tuesday.

On the other hand, Microsec Vision Trust One sold 2.25 lakh shares of the company at Rs 447 apiece, shows NSE bulk deal data.

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