Bengaluru, June 11 -- The shares of this Railway Components, Sheet Piles, and Structures manufacturer surged over 7 percent from its day low to hit an intraday high of Rs 1,725 per share after Ashish Kacholia has raised its stake to 18.39 percent.

With a market capitalization of Rs 1,372, the shares of Cosmic CRF Ltd are currently trading at Rs 1,674 per share, down by 24.3 percent from its 52-week high of Rs 2,210 per share. Over the last one year, the stock has delivered a return of 32.61 percent.

Before the preferential allotment on March 10, 2025, Ashish Kacholia and persons acting in concert held 11.65 percent of the company's equity. Following the allotment of 6,19,600 shares through preferential issuance, their stake increased to...