Ashish Kacholia's March portfolio: A look at additions and reductions

Pranati Deva
Updated: 19 Apr 2022, 02:23 PM IST
TL;DR.

Ace investor Ashish Kacholia has rejigged his portfolio widely in the final quarter of FY22. The ace investor publicly holds 35 stocks with a net worth of over ₹1,600.9 crore, as per a Trendlyne report. In the March quarter, he has entered four new stocks, increased shares in four of his existing holdings, and trimmed stakes in three stocks in the March quarter.

Creative Newtech: Ashish Kacholia has bought 2.83 percent stake or 3.4 lakh shares in the firm in the final quarter of FY22. The smallcap stock delivered over 570 percent returns in the last one year.

Fineotex Chemical: The ace investor bought 1.84 percent equity or 20.4 lakh shares in the firm. In the last one year, the firm has surged nearly 250 percent. It has a market cap of ₹2,434 crore.

Stove Kraft: Kacholia has bought 1.76 percent stake or 5.76 lakh shares in the firm. The stock has risen 38 percent in the last 1 year. Stove Kraft Limited engages in manufacturing and trading of kitchen and home appliances primarily under the Pigeon and Gilma brands.

Gravita India: The ace investor has bought 1.35 percent equity or 9.33 lakh shares in the firm which has zoomed over 250 percent in just 1 year.

Increasing stake: Apart from the new bets, the ace investor has also increased his stake in Xpro India by 0.68 percent, Yasho Industries by 0.19 percent, Ami Organics by 0.19 percent and United Drilling Tools by 0.05 percent.

Slashing stake: Kacholia has slashed holdings from Vishu Chemicals by 0.62 percent, Somany Home Innovation by 0.22 percent, and Mold-Tek Packaging by 0.11 percent.

First Published: 19 Apr 2022, 01:56 PM IST