Ashish Kacholia took a fresh position in one specialty chemical stock and raised stake in another multibagger stock in the quarter ended March 2022.  

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One of the stocks in which Kacholia made fresh entry rose over 800% in 2 years, while another counter which saw 'big whale of the Indian stock market' raising stake surged over 1500% in the same time frame as on April 8, 2022.  

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Celebrity investor Kacholia bought 20,42,534 equity shares worth 1.84% stake in Fineotex Chemical Ltd. for the quarter ended March 2022, showed latest shareholding patterns of the company updated on the BSE.  

This multibagger chemical stock has given unprecedented return over time, especially in the past one year. Shares of Fineotex Chemical, which were trading with gains of 2% to Rs 192 per share on the BSE, have surged over 26% in the past one month. As on April 8, this chemical stock gave a return of over 40% in 3 months, 50% in 6 months and whooping 180% in 12 months. Not just that, the scrip rose 808% in the past two years.  

The specialty chemical counter has been hitting 52-week high consistently as it even traded on new year-high value of Rs 200 per share on the BSE on Thursday. Besides, shares also touched fresh high on April 1, April 4 and April 5.  

Besides, the ace investor marginally increased his stake in another specialty chemical stock, Yasho Industries, by 0.2%, as per Trendlyne data. Against 2.4% stake in December 2021, the shareholding patterns of the company shows Kacholia now holds 2.46% in the company.  

After the celebrity investor raise stake in the company, Shares of Yasho Industries were trading with nearly 4% gain to Rs 1900 per share in the afternoon trade on the BSE on Friday.  

Yasho Industries is another multibagger that surged over 500% in the past one year and gave a return of over 1500% in two years, showed technical data of the stock  

Kacholia publicly holds 35 stocks with a net worth of over Rs. 2,120.4 crore for the quarter ended March 31, 2022, as per data available on trendlyne.com.