Prashant Jain picks 1.1% stake in microcap firm in Q4; stock jumps 13%




Star investor Prashant Jain acquired a 1.08% stake in Kaya Ltd, sending the stock up 13% intraday.
Despite the rally, Kaya shares remain down 26% YTD and 43% over six months; Q3FY25 net loss widened to Rs 15.4 crore.
Kaya partnered with Marico in July to expand retail presence for 75+ products beyond clinics.
The company offers dermatology-led skincare and haircare services, with products sold on major e-commerce platforms.

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