Ashish Kacholia purchased another 1.30 lakh shares in recently listed stock that’s up 206% YTD

Veteran investor Ashish Kacholia purchased 1.30 lakh additional shares of recently listed Indo SMC, raising his stake to 3.03 percent from 2.46 percent. The stock has rallied 206 percent since its January debut, while Indo SMC reported Q1 revenue of Rs 88.12 crore, up 136 percent year-on-year. Indo SMC also secured a purchase order worth Rs 66.60 crore from an engineering company for Variable Frequency Drive panels.