260% rally in five years! Kolkata-based DII raises stake in small-cap stock to 16.53%

  • Texmaco Infrastructure shares have gained 4% in one month, but have declined 24% on a year-to-date (YTD) basis. However, the small-cap stock has jumped 80% in the past two years, while it has delivered multibagger returns of 267% in five years.

Ankit Gohel
Published17 Mar 2025, 02:47 PM IST
The small-cap stock has jumped 80% in the past two years, while it has delivered multibagger returns of 267% in five years.
The small-cap stock has jumped 80% in the past two years, while it has delivered multibagger returns of 267% in five years.(Image: Pixabay)

Texmaco Infrastructure & Holdings share price traded lower amid high volatility on Monday. The small-cap stock initially rallied 1.77% to an intraday high of 101.40 apiece on the BSE. However, Texmaco Infrastructure shares succumbed to selling pressure and declined as much as 2.63% to an intraday low of 97.00 apiece.

In the latest development, Adventz Finance Private Ltd, a Kolkata-based institutional investor, has increased its stake in Texmaco Infrastructure & Holdings by purchasing the company’s shares through open market transactions.

According to a stock exchange filing, Adventz Finance has acquired 70,000 equity shares of Texmaco Infrastructure & Holdings Limited on 12th March, 2025. The mode of acquisition was open market purchases.

Also Read | Small-cap stock below ₹100 rebounds after $4 crore claim against Elara Capital

Adventz Finance earlier held 2,10,06,148 equity shares of Texmaco Infrastructure & Holdings, representing 16.48% stake in the company. It subsequently acquired 70,000 Texmaco Infrastructure shares, or 0.05% stake, on March 12.

After the acquisition, Adventz Finance now holds 2,10,76,148 shares, representing 16.53% shareholding in Texmaco Infrastructure & Holdings.

“Our total holding in your company including the above shares stands at 2,10,76,148 shares i.e. 16.53% of the total paid up Share Capital of Texmaco Infrastructure & Holdings Limited,” Adventz Finance said.

Also Read | ₹9.20 to ₹2,086: Multibagger penny stock turns ₹1 lakh into ₹2.26 cr in 11 years

Texmaco Infrastructure Stock Price Performance

Texmaco Infrastructure shares have gained 4% in one month, but have declined 24% on a year-to-date (YTD) basis. The small-cap stock has dropped 23% in the past six months.

However, Texmaco Infrastructure stock price has jumped 80% in the past two years, while it has delivered multibagger returns of 267% in five years.

At 2:45 PM, Texmaco Infrastructure & Holdings shares were trading 1.42% lower at 98.22 apiece on the BSE, with a market capitalisation of over 1,251 crore.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

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Business NewsMarketsStock Markets260% rally in five years! Kolkata-based DII raises stake in small-cap stock to 16.53%
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First Published:17 Mar 2025, 02:47 PM IST
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