Another value investor Dolly Khanna, who already owns a small stake, increased her stake in the company as well.
Amid the emerging electric vehicle (EV) boom, automotive component makers are in great demand. From PE investors to retail ones, everyone is trying to grab shares of suppliers to the EV industry before it matures.
The data shows Vijay Kedia, who did not figure among major minority shareholders at the end of September, held 2,80,000 shares or 2.27 per cent of the company at the end of December. As of the last trading price, his stake was worth Rs 12 crore.
Dolly Khanna, famous for picking quality smallcaps, who already held 1,54,061 shares or 1.25 per cent in the firm, raised her stake to 2,11,120 shares or 1.71 per cent. Her stake was valued at Rs 9 crore as of last trade.