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Panache Digilife hits upper circuit; PLI scheme act as X-factor for the stock!

Interestingly, the company has achieved another game changer milestone

Karan Dsij / Article rating: 3.5

Panache is a leader in the new-age AI & IoT technology solutions with a vision to align & utilise the ‘Make in India’ and Atmanirbhar policy of the Government of India in the ICT & IoT electronics domain.  

Rs 200 crore to Rs 2,500 crore in 18 months. Which stocks turned multibagger for Sunil Singhania?

While Nifty small-cap and mid-cap have doubled in the covid recovery phase, the net worth of Sunil Singhania multiplied 13x times to Rs 2,546 crore in a matter of 18 months.

Subramanian K / Article rating: 3.3

Mastek Ltd has turned to become a multibagger for Sunil Singhania. He is quite bullish on this mid-cap IT company for quite a long time. In March 2020 quarter he increased the stake from 2.6 per cent to 5.6 per cent. His portfolio worth of this stock would be somewhere around Rs 27 crore in March 2020, his current holding has increased to Rs 474 crore due to 18x times increase in stock price.

IRCTC ends up by 10.94 per cent, creates a new 52-week high

Healthy train bookings in the quarter fueled the bullish rally

Vishwajeet Bhandigare / Article rating: 3.7

Indian Railway Catering and Tourism Corporation or simply IRCTC today opened with a gap up of 76 points to cross the 5,000 mark and had hit a fresh 52-week high of Rs 5,593.85 on BSE. The stock has generated a huge return of 46% in just a month (month-to-date).

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