Smallcap multibagger stock hits 5% upper circuit after Rs 5.5 crore investment by Porinju Veliyath

Fratelli Vineyards shares: Investor Porinju V Veliyath bought 5 lakh shares worth 5.5 crore. The move coincides with the GST Councils shift to a simplified two-slab GST 2.0 structure, which hikes taxes on sin goods to 40%.