The shares of Aeroflex Industries jumped over 11 percent to hit a four-month high of Rs 216.84 apiece on June 20. The smallcap stock has now gained over 29 percent in three consecutive sessions of gains.
Veteran investor Ashish Kacholia, who is popularly known as the 'Big Whale of Dalal Street', had invested in the stainless steel-hose maker back in 2023. He had bought over 4 percent stake in the company, along with Bengal Finance and Investments, before the company made its debut on the stock market.
Aeroflex Industries shares made a bumper market debut later the same year, listing with a premium of nearly 83 percent to its issue price at Rs 197 per share. According to data currently available on the bourses about the company's shareholding pattern, Ashish Kacholia held 1.92 percent stake in the company, as on March 31, 2025.
Aeroflex Industries share price history:
Aeroflex Industries shares have gained over 23 percent in the past five days. However, the stock has gained only 1.5 percent in 2025 so far. Since listing, the stock has gained over 27 percent, and is currently over 100 percent higher than its IPO price.
Aeroflex Industries shares: Technical view
The shares of the company have a P/E ratio of nearly 48, and a market capitalization of over Rs 2,700 crore. Notably, the sharp rise in the share price comes on the back of heavy trading volumes. Nearly 607 lakh shares of the company were involved in active trade within the first four and half hours of trading on June 20, signaling strong investor interest. This is nearly seven times higher than the stock's 10-day average volumes.
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