Jyoti Structures Ltd (NSE: JYOTISTRUC): The market began trading in a negative direction today Thursday. The Sensex traded below the level of 78000, and the Nifty was trading below 23650.
In the meantime, a lot of buying has been witnessed within Jyoti Structure, a company that is owned by India’s top investor Ashish Kacholia.
Jyoti Structure’s shares have experienced gains of up to 7 percent today in the early trading.
This stock is extremely well-known with investors and has yielded multi-bagger gains. When it comes to cost, it’s lower than 50 rupees.
7 Percent Jump In Shares
Share of Jyoti Structures Limited started with a loss of 24.82 on Thursday. However, after a while, a lot of purchases were observed and the stock reached its intraday peak at the price of 27.44 which is an increase of 7 percent.
The stock has been in decline for the past 2 months, however, this morning, the trend of upwards is beginning to take hold.
Jyoti Structures Share Holding Pattern
Ashish Kacholia has the company’s 2.52 percent stake in the company’s stock. He bought 2,20,36,118 shares in September 2024.
Due to his substantial portfolio, he earned profits of crores of rupees as the price was up.
Additionally, FIIs grew their stake in the company up to 1.86 percent in the month of September 2024 opposed to the previous 0.62 percent in the month of June.
Jyoti Structures Share Performance
The performance of the stock of Jyoti Structures has brought a benefit that was 30 percent for investors over the past year, but it has only gained 2 percent over six months.
However, it has seen a drop of 22 percent or more was recorded in just one month. In the long run five years, investments have received an incredible multibagger gain of over 1,250.
Quick Fact
| Company name | Jyoti Structures |
|---|---|
| Owned by | Ashish Kacholia |
| Share price today | ₹27.44 |
| Intraday gain | 7% |
| Stake by Ashish Kacholia | 2.52% |
| Shares owned by Ashish Kacholia | 2,20,36,118 |
| FIIs stake (September 2024) | 1.86% |
| FIIs stake (June 2024) | 0.62% |
| 1-year performance | 30% |
| 6-month performance | 2% |
| 1-month performance | -22% |
| 5-year performance | 1,250% |
| Current stock price range | Below ₹50 |
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