The Economic Times News

Mangalam Drugs Bulk Deal: Vijay Kedia's new bet is a microcap that has plunged over 70% in one year

Ace investor Vijay Kedia has picked up 1.38 lakh shares of Mangalam Drugs in a Rs 33 lakh bulk deal, marking a fresh bet on a microcap that has crashed over 70% in a year. Kedia purchased the shares via his investment company, Kedia Securities Private Ltd. The shares were bought for Rs 24.15 per equity share, which was a 1.5% premium over the Friday closing price of Rs 23.78 on the NSE.