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Shares of auto components and equipment maker Universal Autofoundry rose sharply on Friday. Shares of the company rose 20% on the BSE on Friday to Rs. 232.05 has happened. Shares of Universal Autofoundry on Thursday traded at Rs. closed at 193.40. Veteran investor Ashish Kacholia has placed a big bet on Universal Autofoundry.
Kacholia bought 10.34 lakh shares of Universal Autofoundry
Ashish Kacholia, known as Big Shark in the stock market, has bought 10.34 lakh shares of Universal Autofoundry. Kacholia sold the company’s shares at an average of Rs. 161.59 per share has been bought. The total value of the shares bought by Kacholia is Rs 16.7 crore. BSE But as per available data, promoters and promoter group are selling shares in Universal Autofoundry.
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The promoters and the promoter group sold a lot of shares
Urmila Gupta sold 1.17 lakh shares at an average price of Rs 193.4 per share. Whereas, Kishan Lal Gupta sold 1.77 lakh shares at an average price of Rs 193.4. Whereas, Payal Gupta earns an average of Rs. 160 sold 9.85 lakh shares. While Amit Gupta has sold 7.71 lakh shares of the company for Rs.160.
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Shares of the company have climbed more than 50% in 5 days
Shares of Universal Autofoundry have climbed 53% in 5 days. Shares of the company traded on BSE on August 21, 2023 at Rs. 151.45, which on August 25, 2023 was Rs. 232.05 has been reached. Shares of Universal Autofoundry have jumped 65% in the past one month. At the same time, the company’s shares are up 125% so far this year. The company’s shares were priced at Rs 103.55 at the beginning of the year, which has now touched Rs 232.05.
Disclaimer: The information provided here is only about stock performance and does not constitute investment advice. Investing in the stock market is subject to risk and you should consult your advisor before investing.