Friday, April 10, 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.

What is the role of AI in news? Many media stalwarts including Amar Ujala at AI Summit; who said what?

A session on AI and Media: Opportunities, Responsible Pathways and the Road Ahead was organized today at the India-AI Summit 2026 held at...

Are you forgetting small things at the age of 30? Is this a sign of ‘brain fog’?

Why Do I Feel Mentally Slow In My 30s: It is not common to lose memory at the age of thirty. ...

Andhra Pradesh government presents budget of ₹3.32 lakh crore for 2026-27, know who got what

Andhra Pradesh government presented a budget of over Rs 3.32 lakh crore for the year 2026-27. In this, emphasis has been laid on...

Two border soldiers set out to take revenge from the hero, now become dangerous villains

As soon as the teaser of Sunny Deol's 'Border 2' came, a lot was felt and also nothing happened. Because this time, apart...

Increasing proximity from Moscow to Jamnagar, stir in global politics

Once again Moscow has been connected to the world's largest oil refinery Jamnagar. This refinery does not belong to anyone else but to...

Empowerment Through Action: The Work of Dr. Raju Akurathi

Dr. Akurathi believes in action-driven empowerment. His initiatives provide real opportunities for growth, making a tangible impact on society. Born in China Tadepalligudem, in...

Beyond Academics: The Inspiring Life of Professor Rakesh Kumar Upadhyay

Rakesh Kumar Upadhyay’s life goes far beyond traditional academics. While he excels as a professor, his involvement in fitness and music makes his journey...