Saturday, March 21, 2026

Ramesh Damani bought 120297 shares of this company, price became rocket

The stock in which veteran stock market investor Ramesh Damani has recently invested has become a topic of discussion among investors. Ramesh Damani, who is believed to be inspired by the investment style of Warren Buffett, has been investing money in such businesses for a long time, whose management is strong and the financial performance is continuously improving. The market keeps an eye on every purchase of Damani, who has been a member of BSE and the host of popular shows. In this series, according to the shareholding pattern of December 2025, he has bought about 1% stake in Vim Plast. This is equivalent to 120297 shares. Earlier it was not included in his portfolio. Shares of Vim Plast rose by 2% to Rs 427.40.

about the company

Wim Plast is a subsidiary of Cello World and is considered to have a very strong promoter background. About 56% stake in the company is held by Cello World Limited, behind which stands the decades-old experience of the Rathore family and the trusted brand ‘Cello’. This is why investors consider it a company with stable and long-term prospects. Wim Plast primarily manufactures plastic furniture, such as chairs, tables, stools and storage products, but also offers crates, pallets and material handling solutions in the industrial segment.

financial position of the company

The company’s recent financial results also tell a story in favor of investment. Vim Plast’s consolidated revenue increased to ₹84.3 crore from ₹78.2 crore in Q2 FY26, while gross profit margin improved to 16.2% from 15.4%. This improvement was probably the factor that attracted Ramesh Damani. Apart from this, the company has launched premium and durable plastic furniture specially designed for the HORECA segment i.e. hotels, restaurants, cafes and big events, the demand for which is likely to increase in the coming times.

Status of company’s shares

Talking about the performance of the stock, there has been movement in it in recent times. The stock rose from ₹402 to ₹424 in the last 5 days, although a decline of about 5% in a month and about 20% in a year has also been recorded. Its 52-week high is ₹579.8 and low is ₹394.4.

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