Iware Supplychain Services jumps as Kedia stake tops 10%

Iware Supplychain Services shares hit the 5% upper circuit for the second straight session on Thursday, extending a sharp two-day run supported by strong volumes. The stock rose to a new 52-week high of ₹402.65 on the NSE, and was described as having only buyers and no sellers at the upper circuit.

The move followed disclosures from NSE bulk deal data showing purchases by Kedia Securities, the investment firm associated with ace investor Vijay Kedia. The buying pushed market focus back to the company’s shareholding pattern and the pace of the stock’s recent gains.

What happened in the stock on Thursday

As of 10:30 AM, Iware Supplychain Services remained locked at the 5% upper circuit price of ₹402.65 on the NSE. The stock’s upper-circuit freeze came a day after a similar move, making it the second consecutive session of hitting the daily ceiling.

Over the two sessions, the share price jumped 10.24%, with the move backed by what was described as strong volumes. The day’s high also marked a 52-week high for the small-cap stock.

Bulk deal details: Kedia Securities’ purchases

According to the NSE bulk deal data cited in the update, Kedia Securities bought two tranches of Iware Supplychain Services shares through open market purchases. The first tranche included 2.32 lakh shares at ₹348.25 apiece. The second tranche included 2.67 lakh shares at ₹348.85 per share.

In total, the firm acquired 4.99 lakh equity shares, representing a 4.3% stake valued at ₹17.44 crore.

How the stake changed after the acquisition

Following this latest acquisition, Vijay Kedia increased his total shareholding in Iware Supplychain Services to 10.35%. The update stated this combined holding includes his individual stake and the stake held through Kedia Securities.

This combined stake rose from a 6% holding recorded at the end of the June quarter. The change in ownership levels is central to why the bulk deal attracted attention, particularly in a small-cap counter that has been moving in upper circuits.

Recent return profile: one month to one year

The stock’s short-term momentum has been strong even before the bulk deal attention intensified. Iware Supplychain Services share price has gained 22% in one month and surged 74% in three months, as per the figures provided.

On a year-to-date basis, the stock has jumped 104%. Over the past one year, it has delivered multibagger returns of 358%, placing it among the strongest performers in its category during the period referenced.

Why this matters for a small-cap logistics services provider

Bulk deal disclosures can act as a clarity point for investors because they provide verified transaction data on size, price, and participating entities. In this case, the purchases were linked to Vijay Kedia via Kedia Securities, which can increase scrutiny on both price action and the company’s evolving shareholder base.

The stock’s behaviour described in the update, including back-to-back upper circuits and an order book skewed to buyers, also highlights how quickly liquidity and sentiment can shift in small-cap names.

Market impact: price, liquidity, and investor focus

The immediate market impact described was a sharp rise in price over two sessions, culminating in a 52-week high and a continued lock at the 5% upper circuit. The presence of “only buyers and no sellers” at the circuit indicates demand concentrated at the upper price band during the session.

For investors, the key measurable changes in the update were the bulk deal acquisition size, the implied 4.3% stake via Kedia Securities, and the lift in combined holding to 10.35% from 6% at the end of the June quarter.

Key numbers at a glance

What to watch next

The update centres on the disclosed open-market purchases and the immediate price reaction, including the second consecutive upper circuit. Investors typically track whether a stock continues to hit circuits, stabilises with two-way trade, or sees broader participation after major stake changes become public.

Any further updates would likely come through subsequent shareholding disclosures, additional bulk deal data, or company filings that clarify changes in the shareholder register over the next reporting periods.

Conclusion

Iware Supplychain Services extended its rally to a new 52-week high of ₹402.65 and remained locked at the 5% upper circuit, following reported open-market buying by Kedia Securities. The bulk deal data showed a purchase of 4.99 lakh shares, and the combined holding linked to Vijay Kedia rose to 10.35% from 6% at the end of the June quarter. The next set of confirmed signals will come from further exchange disclosures and the next shareholding pattern update.