Thursday, November 5, 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.

Target operation in Gaza, senior Hamas commander Raad Saad claimed dead

Tel Aviv. Israeli security forces have claimed that senior Hamas commander Raad Saad was killed in a target operation conducted in Gaza on...

Make ORS at home to avoid dehydration, know the right way

People often suffer from minor diseases during the summer season. Due to excessive sweating, vomiting, diarrhea or heat, there is a deficiency...

Canada’s PM Carney said – Whatever happens, we cannot step back from fighting the war.

Ottawa. Canadian Prime Minister Mark Carney has given a big statement regarding the ongoing fierce conflict in the Middle East, which has intensified...

India will get huge benefits from the deal with EU, all these things are going to be cheaper

India and the European Union (EU) have completed official level negotiations for the proposed Free Trade Agreement (FTA). This agreement will promote two-way...

Trump administration introduced Gold Card Visa, what will you get compared to Green Card?

US President Donald Trump on Wednesday launched a new visa program 'Trump Gold Card' in the presence of business leaders at the White...

Dr. Mohit Dixit: An Academic Leader Supporting NEP 2020 and Educational Transformation in India

India's National Education Policy (NEP) 2020 represents an important step towards transforming the country's education system. It emphasises multidisciplinary learning, research, flexibility, skill development,...

CHHAYA MAKES HISTORY IN BIHAR! A GRAND CULTURAL CELEBRATION AT BAPU TOWER, PATNA

Bihar Education Minister Mithilesh Tiwari Inaugurates ‘Chhaya Bihar Annual Convocation 2026’; A Landmark Achievement in Art, Culture and Education Patna, November 1, 2026: Chandigarh Chhaya...