Ashish Kacholia buys stake in Multibagger stock which has increased by 1000% in 5 years

Ashish Kacholia Shareholding

As mentioned above, as per the shareholding pattern of Inflame Appliances Limited for the recently ended June 2022, Ashish Kacholia He owns 3,08,000 shares or 4.21 percent stake in the company. However, in the company’s shareholding pattern for the January to March 2022 quarter, Ashish Kacholia’s name was missing from the list of individual shareholders of the company who held 1 per cent or more of the company’s shares. It simply means that Ashish Kacholia has bought new shares during the April to June quarter in the current financial year.

However, it would be difficult to establish that Ashish Kacholia bought the entire 4.21 per cent stake in the company during the April-June quarter in FY23. As per the exchange rules, it is mandatory for a listed company to share the names of individual shareholders who hold 1 per cent or more of the paid-up capital of the company. However, this rule does not make it mandatory for listed companies to share the details of purchase and sale of shares. Hence, one can know the exact shareholding of the individual, but it will not give any further details of the shareholding.

Inflame Appliances Share Price History

This new share of Ashish Kacholia is one of the multibagger stocks produced by the Indian stock market in recent years. The stock has given a return of around 55 per cent to its shareholders in the last one year. Over the past 5 years, this Ashish Kacholia share has increased by almost 34 each level to . It is done 386 points, registering a growth of over 1000 per cent in this period.

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