Ashish Kacholia portfolio: Ace investor picks additional stakes in this multibagger stock; counter hits 5% upper circuit

For the second straight quarter (October-December), ace investor Ashish Kacholia has picked up stakes in this small-cap multibagger stock, as per the latest shareholding pattern of the company. 

According to the shareholding pattern, Ashish Kacholia has bought an additional 0.4 per cent stake, taking the overall holding to 2.89 per cent, which aggregates to 341316 equity shares in Xpro India. 

See Zee Business Live TV Streaming Below:

Xpro India shares have hit an upper circuit of 5 per cent to Rs 1078.05 per share on the BSE, as compared to 0.04 per cent on the BSE Sensex. This multibagger stock in the last year gained almost 2592 per cent versus a nearly 25 per cent rise in the BSE Sensex and a 60 per cent rise in the BSE Small cap. 

Kacholia had made a fresh entry in Xpro India during the September quarter by picking at least 2,97,216 equity shares, which comprises 2.52 per cent of the company. The company is in the polymer processing industry, which deals in BOPP films, coex cast films, coex sheets, among others.  

Since the celebrity investor’s entry into the company, the counter has jumped almost 500 per cent on the BSE, as against 12.5 per cent in the BSE Sensex, while the BSE small-cap surged over 16 per cent. 

The investor has stayed put in in the construction company in TARC, with an unchanged shareholding of 4,425,000 equity shares, which aggregates to 1.5 per cent in the company, according to the December shareholding pattern available on the BSE. 

The shares of TARC jumped 7 per cent to Rs 52.5 per share on the BSE intraday on Friday. It has gained over 111 per cent in the last one year. 

Ashish Kacholia, who is fondly known as Big Whale of the Indian stock market, publicly holds 27 stocks with a net worth of over Rs. 1,717.6 crore, as per the stock analysis website terndlyne.com.