PGEL Shares In Focus After Singapore Govt Buys Shares Of Rs 288 Cr, 22,000% Return In 5 Years
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Last Updated: May 28, 2025, 08:00 IST
PGEL Share Price
PG Electroplast Share Price: PG Electroplast's shares, a small-cap electronics manufacturing services (EMS) company, gained attention on Wednesday, May 28, after the Government of Singapore bought shares worth Rs 288 crore through a block deal on Tuesday. Motilal Oswal Asset Management Company also invested in this multibagger small-cap stock.
As per exchange data, the Government of Singapore acquired 38.19 lakh shares of the company, representing 1.34% of its total outstanding shares, while Motilal Oswal AMC purchased 15.9 lakh shares, which is 0.56% of the company's total outstanding equity.
Both entities bought the shares of PG Electroplast at an average price of Rs 754.8 per share.
Three of PG Electroplast's promoters, Vishal Gupta, Vikas Gupta, and Anurag Gupta, each sold 50 lakh shares in the block deal, according to official data. The shares sold by the three promoters amount to 1.76% each of the total outstanding shares, bringing the total stake sold to 5.3%.
At the end of the March quarter, Vishal Gupta held a 17.95% stake in PG Electroplast, while Vikas Gupta and Anurag Gupta had stakes of 17.82% and 10.46%, respectively.
Although the Government of Singapore did not appear in the company's shareholding pattern for the March quarter, Motilal Oswal has exposure in the company through its Flexi Cap Fund, which held a 2.65% stake as of March 31, 2025.
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PG Electroplast's shares have tripled in value over the past 12 months. The returns are even higher over a five-year period, with the stock having surged more than 22,000%.
Over the past month, PG Electroplast's share price has seen a decline of 12.14%, reflecting a drop of Rs 105.75. Year-to-date, the share price has decreased by 25.21%, equivalent to a loss of Rs 257.85. In a 3-year span, the share price has significantly increased by 1005.49%, representing a gain of Rs 695.80. Over a 5-year period, the share has experienced a substantial rise of 22735.82%. Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. News business » markets PGEL Shares In Focus After Singapore Govt Buys Shares Of Rs 288 Cr, 22,000% Return In 5 Years
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