MV Electrosystems shares listed at Rs520 on NSE in August and rallied to a record high of Rs970 within about two months, more than doubling from the IPO price, while the company reported weak FY26 performance with revenue down about 21% year-on-year and a net loss of Rs12.6 crore flagged by Swastika Investmart's Shivani Nyati. Madhuri Madhusudan Kela, wife of investor Madhusudan Kela, held 11.5 lakh shares or 4.22% as of September 30, 2026, worth Rs111.55 crore at the record high.