Ashish Kacholia raises stake in multibagger smallcap stock in q4; scrip surges nearly 1400% in 12 months, 8600% in 2 years

Ashish Kacholia Portfolio: Celebrity investor Ashish Kacholia raised stake in a packaging stock that has surged neary 1400% in just one year. Kacholia, who already held 2.89% stake in the company in December '21, has increased his position to 3.57%, a rise of 0.68%, in the company in March 2022, as per the BSE shareholding pattern of the company.  

As per the latest corporate filings of XPRO India, the ace investor holds 4,21,616 (3.57%) equity shares of the company as on March 2022 against 3,41,316 (2.89%) shares in December 2021. As per the BSE data, Kacholia bought 80,300 shares of the company in the last quarter.  

Mutibagger returns  

Share price of XPRO India has zoomed from Rs 84 (52-week low) a share to Rs 1,674 (52-wek high) per share on the BSE within a period of one year. At Wednesday's closing price of Rs 1384.25, the counter surged nearly 1400% from its 52-week low on the NSE.  

See Zee Business Live TV Streaming Below:

As on April 13, 2022, this multibagger share has given a whooping 8600% return in the past two years and has gained more than 110% in the last one year.  

Established as a separate entity in 1998, Xpro India Limited is a diversified multi-divisional, multi-locational company with a commitment towards the polymer processing industry. Xpro India Limited also forms an integral part of India's largest and most reputed Industrial House with a global presence in manufacturing and trading activities - the BIRLA Group, a conglomerate comprising of many divisions, each consisting of a number of publicly-listed Companies and headed by a member of the Birla Family.  

Kacholia's net worth grows by 85.1 cr in March '22 quarter 

Popularly known as Big Whale of the Indian market, Kacholia publicly holds 36 stocks for the quarter ended March '22. As per trendlyne.com, the value of these stocks is pegged at Rs 2,125.1 crore as on April 15, 2022. Also, the data showed that Ashish Kacholia publicly held 33 stocks with a net worth of over Rs. 2,042.0 crore as of quarter ended December 2022. This is a rise of Rs 85.1 crore in the ace investor's portfolio vis a vis the two quarters.  

(Disclaimer: The views/suggestions/advice expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision)