Small cap engineering stock surges 8% after Vijay Kedia-backed Kedia Securities picks up 1.45% stake
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What happened
Eimco Elecon shares surged 8% after Kedia Securities acquired a 1.45% stake during the June 2026 quarter. Institutional interest increased, with FIIs raising their stake to 3.25%, while the promoter holding remained steady at 48.96%.