Aries Agro zooms 41% in two days as ace investor Vijay Kedia buys 2% stake

The stock hit 52-week high of Rs 244, surges 41% in past two trading sessions from Rs 172.45 on Friday, October 13.

Aries Agro soared 18% to Rs 244, extending its previous day’s rally on the National Stock Exchange (NSE) after ace investor Vijay Kishanlal Kedia hiked stakes in the fertiliser company by nearly two percentage points via open market purchases.

The stock is now trading at its 52-week high level, surging 41% in the last two trading sessions from Rs 172.45 on Friday, October 13.

On Monday, Vijay Kishanlal Kedia purchased 260,000 shares representing 2% stake in Aries Agro through open market. He bought these shares at an average price of Rs 199.93 per share on the NSE, the