Multibagger small-cap stock hits 5% upper circuit for second day after Vijay Kedia raises stake

Iware Supplychain Services share price hit the 5% upper circuit for a second straight session on Thursday, reaching a 52-week high of ₹402.65 on the NSE. The rally followed ace investor Vijay Kedia raising his total stake in the logistics services provider to 10.35 percent from 6 percent through open market purchases worth ₹17.44 crore via Kedia Securities, even as promoter entity Inter India Roadways offloaded a 6.12 percent stake for ₹24.93 crore. The smallcap stock has surged 104 percent year-to-date and delivered multibagger returns of 358 percent over the past one year.