Shares of IKAB Securities And Investment were trading at ₹ 42.00 levels as of September 13, 2021. In the last six months, the shares surged a whopping 1740.24% and are currently trading at ₹ 772.90 apiece.
Even long-term investors have made good returns on their investment as the shares of this NBFC surged by 3764.50% in one year and 5304.90% in the last 5 years.
As per the BSE, ace investor, Madhusudan Kela bought 28,58,027 shares as of February 25, 2022. This number aggregates to 83.66% in the company between February 23rd and 24th. Source
IKAB Securities And Investment was incorporated in 1986 and is engaged in the business of NBFI, IPO activities, Life Insurance, Mutual fund distribution, providing loans and more. The company was in the business of stockbroking and financial services and has quit capital markets completely.
It has applied for the surrender of all its memberships. Presently, it is a non-deposit taking NBFC that is engaged in NBFI Business and is looking for new avenues for further growth in this area.
The share touched its 52 week low of ₹ 20 per share on March 4, 2021, and reached its 52-week high o of ₹730.50 per share on January 25, 2022.
