Kedia lifts Exato stake to 9.68%, shares jump 14%
What's the deal? Vijay Kedia-backed Kedia SecuritiesDealroom has a profile for this one. Try Dealroom → acquired an additional 3,58,500 shares in Exato TechnologiesDealroom has a profile for this one. Try Dealroom →, a 3.56% stake, lifting its combined holding to 9.68% of the small-cap IT services company. Exato shares rose 13.67% on 10 July 2026 to close at Rs 480.95.
Who's involved? Exato Technologies provides technology-enabled services and software to enterprise customers. Kedia Securities' holding, together with persons acting in concert Vijay Kishanlal Kedia and Neelu Pratik Kedia, now totals 9,74,293 shares.
Why now? The purchase followed a stretch of balance-sheet improvement. In FY26, Exato cut borrowings to Rs 21 crore from Rs 32 crore, while reserves rose to Rs 79 crore from Rs 43 crore. Total assets grew to Rs 124 crore from Rs 96 crore.
Market reaction: The rally extended a two-day gain of nearly 30%. Trading volume also surged, with 1.06 lakh shares changing hands against a 30-day average of about 35,870.
The signal: A high-profile investor raising a stake in a debt-light small-cap underlines how retail interest continues to track marquee names into India's IT services sector, amplifying price moves well beyond the size of the trade itself.
Read more: Dalal Street Investment Journal
