PCR Holdings formerly known as Archit Securities has purchased 45000 equity shares worth Rs 850630030 in the open market. With respect to the acquisition of 45000 Equity Shares of Rathi Steel and Power Limited(“Company”) by PCR Holdings Pvt. Ltd (Formerly Archit Securities Pvt. Ltd.) member of Promoter Group of the Company dated March 21 2025 resulting in increase in its shareholding by 0.21% of its total shareholding in the Company the company said in the filing dated March 22. Foreign Institutional Investors (FIIs) have a significant stake in this company and now the promoter PCR Holdings has increased shareholdings by 0.21 per cent. As of December 2024 Foreign Institutional Investors own 8.94 per cent stake in the company. As per data till December 2024 the Domestic Institutional Investors (DIIs) hold 2.53 per cent. Promoters hold a 40.32 per cent stake and the remaining 48.22 per cent is held by the general public. Following this development the counter opened in green at Rs 32.80 on the BSE against the previous close of Rs 30.69. This is a gain of 7.36 per cent. The stock surged further to touch the intraday high of Rs 34 - a gain of 10.78 from the previous close. The stock has delivered multibagger returns of over 1500 per cent in the past five years. Equity benchmark indices Sensex and Nifty surged in early trade on Monday amid fresh foreign fund inflows and buying in blue-chip stocks. A positive trend in the US markets also powered the rally in the domestic equities. The 30-share BSE benchmark Sensex jumped 592.78 points to 77498.29 in early trade. The NSE Nifty surged 169.3 points to 23519.70. From the Sensex pack Power Grid Kotak Mahindra Bank Larsen & Toubro Axis Bank NTPC Bajaj Finserv Reliance Industries and HDFC Bank were the biggest gainers.