Synopsis:
Ashish Kacholia has trimmed small portions of his holdings this quarter across speciality chemicals, polymers and pharma names, which looks more like partial profit booking and portfolio rebalancing rather than a broad bearish stance.
Ashish Kacholia maintains a low public profile and rarely appears in the media or gives interviews, preferring to let his investment performance do the talking. Over the years, he has earned the tag of a market “whiz-kid”. His portfolio is highly diversified across segments such as hospitality, education, infrastructure and manufacturing. At present, Kacholia holds 48 publicly listed stocks with an estimated net worth of over Rs. 2,741.1 crore.
Among his highest value holdings, Shaily Engineering tops the list at about Rs. 567.8 crore, followed by Beta Drugs at around Rs. 220.3 crore and Safari Industries at approximately Rs. 189.5 crore.
The trimming of stocks came across speciality chemicals, polymer processing, and pharma formulation plays, indicating selective position lightening rather than a portfolio-wide exit.
Fineotex Chemical Ltd
Fineotex Chemical is a speciality textile chemicals and home care chemicals manufacturer supplying to FMCG, industrial cleaning, textile processing, paints and adhesives players globally. The company benefits from import substitution and China one shift in chemicals and is scaling its high margin specialty chem verticals through R&D partnerships and capacity expansions.
With market capitalization of Rs. 3,324 cr, the shares of Fineotex Chemical Ltd are closed at Rs. 28.99 per share, from its previous close of Rs. 32.07 per share. The stocks gave a return of 282% in the last 5 years. Ashish Kacholia slightly reduced his stake by 0.1% from 2.7% in the previous quarter. His current holding stands at 30 lakh shares, valued at around Rs. 8.7 crore.
Xpro India Ltd
Xpro is mainly into polymer processing with products used in auto, consumer durables, electronics packaging and industrial applications. It is also one of the domestic players in thin BOPP capacitor films which are used across EVs, renewable infra, electronics and energy storage. The structural demand expansion for power electronics is a thematic demand driver for the company.
With market capitalization of Rs. 2,601 cr, the shares of Xpro India Ltd are closed at Rs. 1,108.80 per share, from its previous close of Rs. 1,096.20 per share. The stocks gave a return of 7,624% in the last 5 years.
Ashish Kacholia slightly reduced his stake by 0.2% from 4.1% in the previous quarter. His current holding stands at 9.18 lakh shares, valued at around Rs. 101.8 crore.
Sanjivani Paranteral Ltd
Sanjivani Paranteral is a small formulation pharma company dealing in injectables, tablets, liquids and nutraceuticals catering to domestic markets and exports. The company participates in essential hospital and critical care categories and is benefitting from demand growth in pharma procurement led by healthcare infra expansion, surgeries growth and higher hospital footfalls in India.
With market capitalization of Rs. 261 cr, the shares of Sanjivani Paranteral Ltd are closed at Rs. 212.30 per share, from its previous close of Rs. 209.75 per share. The stocks gave a return of 2,174% in the last 5 years. Ashish Kacholia slightly reduced his stake by 0.1% from 3.1% in the previous quarter. His current holding stands at 3.70 lakh shares, valued at around Rs. 7.9 crore.
Written By Manideep Appana
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