Vijay Kedia-owned SME stock jumps 16% in 2 days as unit eyes Nasdaq IPO

Tac Infosec shares surged following its U.S. subsidiary, CyberScope's, announcement of a planned Nasdaq IPO, a first for an India-listed cybersecurity firm. Veteran investor Vijay Kedia, holding a significant 14.6% stake, has seen his investment appreciate. The stock's performance shows short-term strength but longer-term weakness, with mixed technical indicators.