Archive · 21 Jan 2026
Ramesh Damani buys stake in Wim Plast
Ramesh Damani, a well-known investor, bought a 1% stake in a company called Wim Plast, which makes plastic products.
After this news, the price of Wim Plast's shares went up by almost 19%.
The company's total value, called market cap, is now Rs 512.54 crore.
Even though the shares went up today, they have been going down for the past year and six months.
The shares are still considered cheap according to a measure called RSI, which is at 16.8.
Wim Plast is part of a bigger company called Cello World.
Ramesh Damani acquired a 1% stake in Wim Plast, a subsidiary of Cello World.
Wim Plast shares surged 18.99% to Rs 474.90 following the investment.
The company's market cap increased to Rs 512.54 crore.
Despite the recent surge, Wim Plast shares have fallen 21% in the past year and 19% in the past six months.
The stock is currently oversold with an RSI of 16.8.
- Who
- Ramesh Damani, Wim Plast, Cello World
- What
- Ramesh Damani buys 1% stake in Wim Plast
- When
- End of December 2025 quarter
- Where
- India
- Why
- Not explicitly stated in the articles
- Company
- Wim Plast
- Parent Company
- Cello World
- Investor
- Ramesh Damani
- Stake
- 1% (1.20 lakh shares)
- Stock Price Increase
- 18.99%
- Market Cap
- Rs 512.54 crore
- RSI
- 16.8
- Stock Performance (1 year)
- -21%
- Stock Performance (6 months)
- -19%