{"id":117150,"date":"2024-01-11T12:52:59","date_gmt":"2024-01-11T07:22:59","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=117150"},"modified":"2024-01-11T13:58:41","modified_gmt":"2024-01-11T08:28:41","slug":"ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/","title":{"rendered":"Ashish Kacholia stock jumps 3% after company&#8217;s board scheduled meeting for consideration of raising funds\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1199237025\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of this luggage manufacturer gained up to 3 percent after the company&#8217;s board arranged a meeting to discuss the fund-raising proposal.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-485429062\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs 9,121.01, the shares of Safari Industries (India) Ltd were trading at Rs 1,917.50 per share, increasing around 2.37 percent as compared to the previous closing price of Rs 1,885.40 apiece.\u00a0<\/p><p>According to the company filing, Safari Industries (India) Ltd\u2019s board of directors scheduled a meeting on Monday, January 15, 2024, inter alia to consider the proposal for raising funds by way of the issue of securities to one or more persons, on a preferential basis.&nbsp;<\/p><p>The Company\u2019s revenue rose by 17 percent year on year from 314 crores Q2FY23 to 370 crores Q2FY24, During the same time frame, net profit rose by 53.27 percent from 26 crores to 40 crores.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-4097923137\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Ace investor Ashish Kacholia holds 10,00,000 shares, i.e. equivalent to 2.10 percent of the company as of December quarter 2023.&nbsp;<\/p><p>The stock gave a multi-bagger return of 108 percent in a year. As a consequence, if an investor purchased 1 lakh firm shares last year, those shares are now worth 2.08 lakhs.&nbsp;<\/p><p>Safari Industries (India) Ltd\u2019s recent shareholding pattern, The Promoters of the company own 46.88 percent while Retail shareholders own a 22.96 percent stake in the company and Foreign Institutional Investors own a 13.25 percent stake.&nbsp;<\/p><p>Safari Industries (India) Ltd. reported return ratios in the recent financial year with a return on equity (ROE) of 34.4 percent and a return on capital employed (ROCE) of 37.5 percent.&nbsp;<\/p><p>Safari Industries manufactures and trades luggage and baggage accessories. There are two types of luggage: hard luggage and soft luggage.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by:- Abhishek<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\">Disclaimer<\/h4><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-2954068792\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-687565192\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of this luggage manufacturer gained up to 3 percent after the company&#8217;s board arranged a meeting to discuss the fund-raising proposal.&nbsp; With a market capitalization of Rs 9,121.01, the shares of Safari Industries (India) Ltd were trading at Rs 1,917.50 per share, increasing around 2.37 percent as compared to the previous closing price [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":98557,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-117150","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ashish Kacholia stock jumps 3% after company&#039;s board scheduled meeting for consideration of raising funds\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of this luggage manufacturer gained up to 3 percent after the company&#039;s board arranged a meeting to discuss the fund-raising proposal.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ashish Kacholia stock jumps 3% after company&#039;s board scheduled meeting for consideration of raising funds\u00a0\" \/>\n<meta property=\"og:description\" content=\"The shares of this luggage manufacturer gained up to 3 percent after the company&#039;s board arranged a meeting to discuss the fund-raising proposal.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-11T07:22:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-11T08:28:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/\",\"url\":\"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/\",\"name\":\"Ashish Kacholia stock jumps 3% after company's board scheduled meeting for consideration of raising funds\u00a0 - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image.jpg\",\"datePublished\":\"2024-01-11T07:22:59+00:00\",\"dateModified\":\"2024-01-11T08:28:41+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"The shares of this luggage manufacturer gained up to 3 percent after the company's board arranged a meeting to discuss the fund-raising proposal.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ashish Kacholia stock jumps 3% after company&#8217;s board scheduled meeting for consideration of raising funds\u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Ashish Kacholia stock jumps 3% after company's board scheduled meeting for consideration of raising funds\u00a0 - Trade Brains Features","description":"The shares of this luggage manufacturer gained up to 3 percent after the company's board arranged a meeting to discuss the fund-raising proposal.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/","og_locale":"en_US","og_type":"article","og_title":"Ashish Kacholia stock jumps 3% after company's board scheduled meeting for consideration of raising funds\u00a0","og_description":"The shares of this luggage manufacturer gained up to 3 percent after the company's board arranged a meeting to discuss the fund-raising proposal.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2024-01-11T07:22:59+00:00","article_modified_time":"2024-01-11T08:28:41+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/","url":"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/","name":"Ashish Kacholia stock jumps 3% after company's board scheduled meeting for consideration of raising funds\u00a0 - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image.jpg","datePublished":"2024-01-11T07:22:59+00:00","dateModified":"2024-01-11T08:28:41+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"The shares of this luggage manufacturer gained up to 3 percent after the company's board arranged a meeting to discuss the fund-raising proposal.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-jumps-3-after-companys-board-scheduled-meeting-for-consideration-of-raising-funds\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Ashish Kacholia stock jumps 3% after company&#8217;s board scheduled meeting for consideration of raising funds\u00a0"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/117150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=117150"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/117150\/revisions"}],"predecessor-version":[{"id":117151,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/117150\/revisions\/117151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/98557"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=117150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=117150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=117150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}