New Delhi, March 31 -- Fineotex Chemical, a specialty chemicals manufacturer backed by ace investor Ashish Kacholia, has been in the spotlight following multiple stake purchases by its promoters. The buying activity comes despite the small-cap stock falling 38 per cent over the past year, showing investor confidence in the company. In the last five years, the stock has delivered multibagger gains.

In a recent regulatory filing, Fineotex Chemical disclosed that one of its promoters, Aarti Mitesh Jhunjhunwala, acquired 4,000 equity shares through open market transactions on March 28, 2025. The purchase, worth Rs.9.52 lakh, increased Jhunjhunwala's holding from 81,050 shares to 85,050 shares. However, her overall stake in the company remain...