According to reports from The Economic Times, veteran market investor Madhusudan Kela's family has trimmed its stake in technology solutions provider Rashi Peripherals during the April–June quarter of FY27. Madhuri Madhusudan Kela, wife of ace investor Madhusudan Kela, reduced her holding by more than 4.45 lakh shares during the quarter. Her stake declined from 16.08 lakh shares at the end of the January–March quarter to 11.63 lakh shares at the end of the April–June quarter. Her stake in the company thereby reduced from 2.44% at the end of Q4 FY26 to 1.76% at the end of Q1 FY27. The exact price at which the shares were sold and the dates of the transactions are yet to be ascertained, as shareholding disclosures are still being released. As per the company's latest shareholding pattern filed with the NSE, this stake reduction represents a significant trimming of the family's position in the multibagger stock.
As reported by The Economic Times, Madhuri Madhusudan Kela had acquired 16.08 lakh equity shares of the company worth ₹50 crore in a pre-IPO round back in 2024. The exact price at which the shares were sold and the dates of the transactions are yet to be ascertained, as shareholding disclosures are still being released. Since shareholding disclosures are still being released, further portfolio changes cannot be ruled out. This pre-IPO investment has now delivered exceptional returns, with the stock rallying nearly 200% over the past year and over 140% in 2026 alone.
According to The Economic Times, the stock then sharply rallied 295% to hit an all-time high of ₹967.7 apiece on Wednesday. However, today it has fallen more than 5% to trade at around ₹856 apiece. Rashi Peripherals shares gained more than 6% in a week and 14% in a month. The stock has delivered stellar returns of 140% in 2026 so far and nearly 200% in one year. The multibagger has rallied sharply since its 2025 lows, even as the company posted strong Q1 FY27 earnings with robust revenue and profit growth.
As reported by The Economic Times, Mumbai-based Rashi Peripherals is a national distributor of information and communications technology products for brands like ASUS Global, Dell International Services India, HP India Sales and Lenovo India. The company's EBITDA jumped 50% YoY to ₹155.3 crore, while EBITDA margin stood at 3.04%. Its earnings per share (EPS) soared 64% YoY to ₹15.25 per share. The company's strong financial performance has contributed to the stock's impressive rally, with investors rewarding the company's robust growth trajectory in the technology distribution sector.
