Vijay Kedia-owned SME stock jumps 16% in 2 days as unit eyes Nasdaq IPO

Tac Infosec surged 5% to Rs 985.7, extending its two-day rally to 15.8%, after its U.S. subsidiary CyberScope announced plans for a Nasdaq listing.

The move marks the first Nasdaq IPO attempt by a cybersecurity firm listed in India, with management calling it a milestone for India’s tech sector.

Vijay Kedia holds 14.6% in Tac Infosec, among his top 3 holdings; other large stakes include Atul Auto (20.9%) and Innovators Facade (10.7%).

The stock, up 57% in a year, trades above short-term moving averages, showing strength, though longer-term averages indicate weakness; RSI at 53.3 suggests neutral momentum.