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Saurab Jain

23rd Sep · SEBI-Registered Analyst

Emkay Global Rockets After Kirti Doshi’s 21% Stake Buy, Trades Near 52-Week High

EMKAY
Emkay Global Financial Services Ltd saw a dramatic surge in its share price today, jumping approximately 20% to ₹378.68 as veteran investor Kirti Doshi, via Antique Securities, acquired nearly 21% stake in the firm. The deal involves issue of 95 lakh warrants at ₹239.50 each, raising around ₹227.52 crore. The stock has rallied hard over the last month, up nearly 46%, and is now trading close to its 52-week high of ₹378.68 (low ₹168). Despite strong recent gains, earnings growth has been modest, and financial metrics suggest mixed fundamentals. While investor enthusiasm is high, valuation concerns may limit further upside in the short term if operational performance doesn’t match expectations. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes ***** must verify information before investing and consider their financial position & risk profile. please read full disclosure disclaimer in given link

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