Ashish Kacholia Portfolio: Positional investors are busy picking a price at a discounted price amid speculations that the market will slide after the recent selloff. Some retail investors follow the portfolios of a handful of investors because it gives them an idea of where smart money is headed. There is a news of stock market for such investors. Ashish Kacholia has increased his stake in two chemical stocks. These two stocks are among the multibagger stocks that the Indian stock market has produced in recent years despite the heat of global inflation and worries of recession.
Two Multibagger Chemical Stock In which ‘Wiz Kid’ Share Market Fineotex Chemical and Yasho Industries have increased their stake.
Ashish Kacholia has increased his stake in Fineotex Chemical from 1.84 to 1.93 per cent in Q1FY23, while he has increased his stake in Yasho Industries from 2.55 per cent to 2.60 per cent during the April to June 2022 quarter.
Ashish Kacholia’s stake in Fineotex Chemicals
As per the Fineotex Chemical shareholding pattern for the quarter April to June 2022, the ‘big whale’ of the stock market holds 21,42,534 shares or 1.93 per cent of the total paid-up capital of the chemical company. Ashish Kacholia held 20,42,534 shares or 1.84 per cent stake in the company in the January-March 2022 quarter. So the Whiz Kid of the stock market increased his stake in the company by adding 0.09 per cent shares of the company.
Ashish Kacholia’s stake in Yasho Industries
As per the shareholding pattern of Yasho Industries for the April to June 2022 quarter, Ashish Kacholia holds 2,96,322 shares or 2.60 per cent stake in the company. In the January to March 2022 quarter, an ace investor held 2,91,231 shares or 2.55 per cent stake in the company.
multibagger returns
As mentioned earlier, both these stocks are one of the multibagger stocks in India. The share price of Yasho Industries has given 275 per cent return in the last one year while the shares of Fineotex Chemical have given 115 per cent return to its shareholders in the last one year.
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