Shares of smallcap firm Zaggle Prepaid Ocean Services, supported by ace investor Ashish Kacholia, surged 20% over the past two trading sessions on the BSE, reaching a 52-week high of Rs 420. This rally followed the company's announcement of a new partnership with HDFC Ergo General Insurance Company.
Investor Ashish Kacholia raised his stake in Dhabriya Polywood to 6.67% in June. The microcap company, valued at over Rs 400 crore, manufactures PVC doors and saw its stock rise 200% in two years. RSI is 71.7, indicating overbought status. MACD at 14.5 indicates a bullish trend.
The ace investor bought 1.80% stake in Dredging Corporation of India while shopping for 5.53% in Oriental Rail Infrastructure in the January-March quarter. Both stocks have delivered multibagger returns of 154% and 555%, respectively, in the last 12 months.