Ashish Kacholia Portfolio: 440% in one year, 5000% return in 2 years! Ace investor buys fresh stake in this multibagger stock
Ashish Kacholia shares: This stock from polymer processing industry in Ashish Kacholias portfolio has surged more than 400% in one year and around 5,000% in the past two years
Ashish Kacholia Portfolio 2022: This stock from polymer processing industry in Ashish Kacholia's portfolio has surged more than 400% in one year and around 5,000% in the past two years. The celebrity investor has also raised his stake in the company in April-June quarter. The counter was still trading at nearly 28% discount from its 52-week high.
For the quarter ended June'22, Kacholia now holds 4,59,366 equity shares or 3.89% stake in XPRO India against 3.57% or 4,21,616 shares in the March'22 quarter, as per BSE filing of the company. Overall, the investor bought a fresh 37,750 shares or increased his stake by 0.32% in the company.
On Friday, shares of XPRO India dropped five per cent to hit lower circuit. At around 1.15pm, the shares were trading around four per cent cut to RS 308 per share. The counter has traded on 52-week high value of Rs 1,116.56 on March 25, and touched a year-low of Rs 160.58 on November 11, last year.
A multibagger stock
As on July 15, the counter gave over 440% return in the past one year, while the return yield stood at whooping at 4950% when we check data of last two years.
Other stocks in which celebrity investors raised stake in June quarter
Earlier, Kacholia also raised his stake in two chemical stocks—Yasho Industries and Fineotex Chemicals — in the April-June quarter. The investor holds 296,322 equity shares of Yasho Industries against 291,231 shares in the March quarter.
Likewise, the celebrity investor raised his shareholding in Fineotex Chemical from 1.84 % in March to 1.93 % in the quarter ended June '22. He holds 21,42,534 shares of the chemical company in April-June against 20,42,534 shares or 1.84 per cent stake in the March quarter.
Fondly called 'Big Whale' of the Indian stock market, Kacholia holds 37 stocks in the June quarter as per the latest corporate filings. According to stock market data analysis platform trendlyne.com, the net worth of the celebrity investors stands at a little over Rs. 1,628.5 crore as on July 15.
Established as a separate entity in 1998, Xpro India Limited is a diversified multi-divisional, multi-locational company with a strong commitment to the polymer processing industry.
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