Indian veteran investor and stock market trader Ashish Kacholia, known for his ability to choose quality stocks in the midcap and smallcap segments, has picked up a fresh stake in D-Link (India) Ltd during the three-month period of Q2 . Current FY or Q2 FY23.
As per the recent shareholding pattern for the second quarter, July-September 2022 period on BSE, Ashish Kacholia holds 11,86,350 equity shares or 3.34% stake in the company as of Q2 FY23. He had no stake in the company in the previous quarter of June 2022.
D-Link is a global leader in designing and developing networking and connectivity products for consumers, small businesses, medium to large sized enterprises and service providers. Shares of D Link India have gained over 34% so far in 2022 (YTD), while the stock has gained almost 74% in a span of one year.
Ashish Kacholia Has a diversified portfolio comprising hospitality, education, infra and manufacturing stocks. He is one of the prominent investors whose portfolio is closely monitored by the stock market participants. Ashish Kacholia has a total of 42 shares in the public domain whose net worth is high. 1,878 crores as per Trendline.
The investor has also bought stake in Shankara Building Products Ltd and Megastar Foods Ltd during the quarter under review. Shankara Building Products Ltd. is an organized retailer of home improvement and construction products in India, while Megastar Foods is into bulk food processing, producing a wide variety of healthy wheat flour products.
Kacholia has also increased his stake in his portfolio stocks Xpro India and SJS Enterprises Ltd during the three-month period of Q2 of the current financial year. Investors have also bought shares of Agarwal Industrial Corporation Ltd.
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