Ashish Kacholia Stocks: Ace investor adds this multibagger in portfolio; stock up over 15% in 3 days

Ace investor Ashish Kacholia has made a fresh entry in this mutlibagger small-cap stock – Genesys International Corporation – during the December-end quarter, as per the company’s shareholding pattern. 

The renowned investor Ashish Kacholia has picked up 6,08,752 equity shares in the company, which aggregates to 1.95 per cent stakes, as per the December shareholding pattern released on the BSE in January 13, 2021. 

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Ashish Kacholia, who is fondly called as Big Whale of the Indian stock market, publicly holds 31 stocks with a net worth of over Rs 1,964.8 crore, according to a stock analysis website Trendlyne. 

The stock hitting an upper circuit for the third straight session has jumped over 15 per cent since the shareholding pattern shows Ashish Kacholia’s name in it. It has hit an all-time high level of Rs 420.6 per share on the BSE at the market close. 

The stock in the last one year has spurted over 500 per cent, and 158 per cent in the last 6 months, as compared to around 23 per cent and 15 per cent rise in the S&P BSE Sensex, respectively.  

Besides this IT software products company, Kacholia has also taken a new position in Igarashi Motors India and United Drilling Tools, by picking up 3,99,550 and 5,24,005 shares, which comprises nearly 1.3 per cent and 2.6 per cent stakes in the respective companies, as per the latest shareholding pattern. 

Earlier, the ace investor had also made a fresh entry into the newly-listed SJS Enterprises and Yasho Industries both fundamentally strong stocks that come under the category of multibaggers.  

He picked 1,148,342 and 269,431 equity shares, which aggregates to around 4 and 2.5 per cent stake in the respective companies, as per the December shareholding pattern. 

In his portfolio so far, Kacholia has added extra stakes in Faze Three, Ami Organics, Xpro India, Kwality Pharmaceutical and Beta Drugs during the December-end quarter.