Ace investor Madhusudan Kela cuts stake in this multibagger stock after 200% rally in a year. Do you own?
- Posted on August 6, 2026
- By Business News Today
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Ace investor Madhusudan Kela cuts stake in this multibagger stock after 200% rally in a year. Do you own?
Ace investor Madhusudan Kela's family reduced its stake in Rashi Peripherals during the June quarter after the stock surged nearly 200% over the past year. The multibagger has rallied sharply since its 2025 lows, even as the company posted strong Q1 FY27 earnings with robust revenue and profit growth.