The stock rose 253% in 1 year, smallcap king Porinju Veliath bought 623000 shares.

Shares of Kerala Ayurveda witnessed a stormy surge on Wednesday. Kerala Ayurveda’s share with an upper circuit of 10 percent at Rs. 373.55 has been reached. Shares of the company hit a record high on Wednesday. Kerala Ayurveda shares have seen a whopping 253% rise in the last one year. Porinju Veliath, known as the smallcap king, has made a big bet on Kerala Ayurveda. Porinju Veliath bought more than 6 lakh shares of the company.

The share price jumped 253% in one year
Shares of Kerala Ayurveda Ltd have surged 253% in one year. On July 3, 2023, the shares of the company were Rs. was at 106. Shares of Kerala Ayurveda have touched Rs 373.55 on 3 July 2024. At the same time, in the last 3 months, shares of Kerala Ayurveda have seen an increase of 42%. On 2 April 2024, the shares of the company were Rs. were at 263.90. Shares of Kerala Ayurveda Limited touched Rs 373.55 on July 3, 2024.

The company got a huge order of ₹1017 crore, looted to buy shares, the price was at a record high.

The company’s shares have risen 430% in 2 years
Shares of Kerala Ayurveda Limited have gained 430% in the last 2 years. On July 1, 2022, the shares of the company will be Rs. were at 70.50. Shares of Kerala Ayurveda touched Rs 373.55 on July 3, 2024. The company’s stock hit a 52-week high of Rs. is 373.55. At the same time, the company’s shares hit a 52-week low of Rs 103.40.

This share fell from ₹120 to ₹3, now is the time to buy, LIC has 75 lakh shares

Porinju Veliath bought 623000 shares
Veteran investor Porinju Veliath has staked a big bet on Kerala Ayurveda shares. Porinju Veliath bought 623000 shares of Kerala Ayurveda. His stake in the company is 5.18 percent. In the last 5 years, the stock of Kerala Ayurveda has seen a jump of 527%.

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