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Garware Hi-Tech hits record high as Ashish Kacholia ups stake by nearly 1%

On July 29, 2021, Ashish Kacholia purchased additional 141,871 equity shares representing 0.61 per cent equity of Garware Hi-Tech Films at price of Rs 1,005 per share through bulk deal on the BSE,

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Illustration by Binay Sinha

SI Reporter Mumbai
Shares of Garware Hi-Tech Films were locked in the 5 per cent upper circuit band, at Rs 1,058.40 on the BSE on Friday, after investor Ashish Kacholia bought nearly one per cent additional stake in the commodity chemicals company via open market on Thursday.

On July 29, 2021, Ashish Rameshchandra Kacholia purchased 141,871 equity shares, representing 0.61 per cent equity of Garware Hi-Tech Films, at a price of Rs 1,005 per share through bulk deal on the BSE, the exchange data shows. The name of the seller, however, could not be ascertained immediately.

As on June 30, 2021,