The Jaipur-based manufacturer of ramming mass material used in induction furnaces, Raghav Productivity Enhancers, has posted phenomenal year-on-year growth and sequential numbers.
The influence was from the ace investor Ashish Kacholia who purchased a more than Two percent stake on 4th November through an open market in the silica ramming mass manufacturer, Raghav Productivity Enhancers, previously known as Raghav Ramming Mass.
Ashish is known to have purchased 2.31 lakh shares in Raghav Productivity Enhancers listed in the BSE, according to the data of the bulk deals available in the exchanges. Earlier the average buying price for the shares of Raghav Productivity Enhancers was ₹ 842 per unit. However, it picked up pace in the later part of Friday and was traded higher to touch the level of ₹ 984 per share.
The company saw a brief upsurge in its stock prices since mid-October rising by more than 70 percent quickly. Raghav Productivity Enhancers rose by almost 12.29 percent with a share volume of 6.57 lakh shares, closing atan impressive figure of ₹ 954 each.
