Ashish Kacholia, and his investment firm Bengal Finance have acquired 1.89 percent equity stake in TechEra Engineering that provides precision engineered solutions for the aerospace and automation industries, via open market transactions on October 9.
TechEra Engineering (India) shares were locked in 5 percent upper circuit at Rs 260.55, trading well above all key moving averages and the midline of Bollinger bands. The stock has been witnessing buying interest since the start of this week.
Ace investor Ashish Kacholia acquired 2 lakh shares and his investment firm picked 1,12,800 shares in TechEra at Rs 247.1 per share, which in total was 1.89 percent stake worth Rs 7.72 crore.
However, non-institutional investors - Vishal Mahesh Waghela sold 3.28 lakh shares (1.98 percent stake) in TechEra at Rs 260.34 per share, and Sheetal Dugar offloaded 3.46 lakh shares (2.09 percent stake) at Rs 247.28 per share. As of March 2025, their shareholding in the company was 4.11 percent, and 5.31 percent, respectively.
Meanwhile, the action was also seen in Tarmat that clocked 6.8 percent rally to close at Rs 55.41 with above-average volumes. The stock climbed above the upper Bollinger band.
Arton Global acquired 4.7 lakh shares (1.95 percent stake) in Tarmat that constructs highways and runways at Rs 52.86 per share, valued at Rs 2.5 crore. However, Aegis Investment Fund exited the company by selling its entire 2,51,843 shares (1.05 percent stake) at Rs 53 per share, and Dove Soft sold 2 lakh shares at Rs 52.7 per share.
Samena Special Situations Mauritius III sold 72,000 shares (1.06 percent stake) in Dynamatic Technologies, hydraulic gear pumps and automotive turbochargers manufacturer, at Rs 6,800.65 per share, for Rs 48.96 crore. As of June 2025, Samena held 4.8 percent stake in the company.
However, Dynamatic shares recorded 12.19 percent rally to Rs 7,673 with significant volumes, trading well above the upper Bollinger band with long bullish candle on the daily charts.
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