India, Feb. 17 -- The shares of this company, which is a core investment company, while the principal activities of its subsidiaries are the manufacturing, purchasing, and sale of technical textiles, chemicals, packaging films, and other polymers, had its shares in momentum today after the company's board took a decision regarding the selling of a stake in one of its companies.

With a market cap of Rs 8,600 crore, the shares of Kama Holdings Ltd jumped 10 per cent in today's trading session and reached a high of Rs 2785 . When compared to its previous day's closing price of Rs 2539.95, the shares are trading at a PE of 9.23 compared to its industry PE of 18.7.

Why did the shares jump 10%? The 10% increase in KAMA Holdings Ltd stocks se...