During the third quarter (Q3) of the current financial year, Indian veteran investor and stock market trader Ashish Kacholia has taken stake in it. multibagger Specialty chemical stock Yasho Industries, which has gained over 780% in a span of one year. business around At 160 per share level in January 2021, the stock is currently hovering higher 1,400 per.
As per the recent shareholding pattern released by the chemical manufacturing company on BSE, Ashish Kacholia has bought 2,69,431 shares or 2.36% stake in Yasho Industries during the October-December 2021 quarter. BSE data shows he had no stake in the previous quarter of September 2021.
Yasho Industries Limited manufactures performance chemicals for diverse industries such as Rubber & Latex, Food & Flavor, Perfumes, Lubricants and other specialized applications with manufacturing facilities located in Vapi, Gujarat with a combined capacity of 9,200 MTPA. The stock has given multibagger returns of over 220% in the six month period alone.
The company is a leader in the field of food antioxidants and aroma chemicals, and is an emerging player in rubber and specialty chemicals. The company has grown business by serving domestic and global markets with extensive international operations in 42 different countries in Europe, Americas, Middle East and Asia. The shares of the company are listed on BSE under the SME category.
Ashish Kacholia Has a diversified portfolio that includes hospitality, education, infrastructure and manufacturing stocks. The investor is known for his ability to choose quality stocks in the midcap and smallcap segments. He is one of the prominent investors whose portfolio is closely monitored by the participants of the stock market. Ashish Kacholia has 27 shares in public whose net worth is high 1,755 crores as per Trendline.
Never miss a story! Stay connected and informed with Mint.
download
Our App Now!!
,