Up 137% in 1 year, ace investor Sunil Singhania raises stake in this specialty chemicals stock - Should you buy too?
New Delhi, Oct. 13 -- Aether Industries shares are in focus after ace investor Sunil Singhania, founder of Abakkus Asset Management, added the specialty chemicals stock to his portfolio. The development comes after a sharp rally in the stock over the past year, raising questions about whether it still has room to climb or if investors should wait for a better entry point.
Shareholding data from the BSE showed that Abakkus Flexi Cap Fund acquired a 1.15% stake in Aether Industries, equivalent to 15.32 lakh shares.
The stock has delivered multibagger returns, surging 137% over the past year. It has gained 45% in six months and 18% in three months, while its advance over the past month has been more modest at around 2%.
However, the recen...
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