Renowned investor Ashish Kacholia added 4 new stocks to his portfolio in the December quarter. He has also increased holdings in 9 stocks while cutting stakes in 2 stocks.
As per the latest corporate shareholdings filed, Ashish Kacholia publicly holds 44 stocks with a net worth of over ₹1,831.8 crore. Kacholia has investments in over twenty stocks and has a varied portfolio that includes hospitality, education, infra and manufacturing stocks.
Kacholia has bought 1.5 lakh shares or 2.3 percent stake in Knowledge Marine worth ₹27.8 crore. He has also bought a 2 percent stake or 7.94 lakh shares in Likhitha Infrastructure for ₹20.1 crore.
Further, he picked up a 2.1 percent stake (2.31 lakh shares) in Raghav Productivity for ₹22.1 crore and finally a 1 percent stake or 11 lakh shares in Goldiam International for ₹16.9 crore.
Knowledge Marine has surged 608 percent in the last 1 year. It fell around 9 percent in February so far after 8 consecutive months of gains. Between June 2022 and January 2023, the stock advanced 420 percent.
Likhitha Infrastructure rose around 57 percent in the last one year. The stock rose 11 percent just in February after a muted January.
Microcap stock Raghav Productivity advanced 66 percent in the last 1 year while Goldiam International fell 11 percent in the period.
Raghav Productivity fell 8 percent in February after jumping 15 percent in January. Goldiam also lost 7 percent just in February after rallying 22 percent in January.
Apart from adding these 4 stocks to his portfolio, Kacholia also increased weights in 9 other stocks.
He increased weightage in Agarwal Industrial in Q3 by 1.3 percent. As of December 2022, he holds a 3.8 percent stake in the company worth ₹37 crore.
Meanwhile, he raised stake in Yasho Industries to 3.8 percent, up by 1.2 percent, worth ₹58.6 crore. He also added 0.8 percent in Best Agrolife, taking it to 2.3 percent. Other additions were 0.6 percent stake in SJS Enterprises to 4.4 percent, 0.4 percent stake in TARC to 2.2 percent, and 0.2 percent stake in Ador Welding to 4.4 percent.
He also increased stakes by 0.1 percent in Gravita India, Megastar Foods and Xpro India.
On the other hand, Kacholia cut his stake in 2 stocks in Q3. He reduced stake in Hindware Home Innovation to 1.3 percent, down by 1.33 percent and sold a 1.2 percent stake or 1.7 lakh shares in D-Link , taking it to 2.1 percent.
Hindware has been completely flat in the last 1 year. It has also lost 2 percent in February after a 6 percent fall in January.
Meanwhile, D-Link surged 64 percent in the last 1 year and has advanced 25 percent in February. However, in January and December, it shed 6 percent and 19 percent, respectively.
