Ace investor Ashish Kacholia, popularly known as the 'Big Whale', has increased his stake in recently listed Indo SMC, an Ahmedabad-based maker of electrical infrastructure equipment, during the first quarter of FY27.
Official shareholding data shows that Kacholia's stake in the company rose to 3.03% from 2.46%, with the market veteran adding 1.3 lakh shares to his portfolio. The move comes even as Indo SMC has delivered a sharp rally since its stock market debut in January. The stock has gained 206% over the past six months and around 190% since the beginning of the year.