Prominent investors are recalibrating their portfolios in SG Finserve as the NBFC stock records a 52% surge since the start of the year. Ashish Kacholia appears to have exited the company entirely, with his stake falling beneath the mandatory disclosure requirement.
Meanwhile, Madhusudan Kela has opted to trim his existing investment in the non-banking financial firm. Both moves follow a period of intense growth for the company, which recently reported impressive gains in both its loan book and overall profitability.
Investors often view these divestments as a strategic profit-booking exercise following a sharp upward trajectory in share price. Despite the cooling of interest from these marquee names, the firm’s recent quarterly data continues to underscore a strong operational foundation.
