Ashish Kacholia raises stake in this multibagger in March quarter, trims holding in a smallcap

Shareholding of individual investors reflects in the ‘Shareholding Pattern’ of BSE-listed companies only on reaching a 1% stake or above in the company.

The hike in stake comes on the back of multibagger returns of 250% given by this counter over the 12 months. In 2024, so far the stock has corrected by over 4%. Its returns are significantly higher than the 28% returns given by Nifty over a 1-year period.

Today, the stock was trading at Rs 739.95, down by Rs 5.15 or 0.69%. Its market capitalisation is around Rs 818 crore.

Meanwhile, Kacholia brought down his equity in Vaibhav Global by 15 bps in the January-March quarter to 1.06% versus 1.21% in the previous quarter. The stock has corrected 2% YTD while it has given a return of 25% over a 1-year period.

Also Read:

Popularly referred to as a 'Big Whale', Kacholia publically holds 49 stocks with a net worth of over Rs 3,129 crore, according to Trendlyne data. Kacholia’s wealth has grown by 5.6% on a quarter-on-quarter (QoQ) basis to Rs 2,920.36 crore during the three-month period ended March 31, 2024.

Other stocks in his portfolio include , , , , Ador Weldings, , , , , and among others.

(Disclaimer: This is an AI generated article. Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)