Ashish Kacholia is a prominent Indian stock market investor known for his expertise in identifying high-growth mid-cap and small-cap companies. With a diversified portfolio across sectors like manufacturing, technology, and pharmaceuticals, he has gained recognition for his strategic investments and has built a reputation as a savvy market player.
As per the latest corporate shareholdings filing, Ashish Kacholia publicly holds 41 stocks with a net worth of over Rs. 3,056.4 crore.
Here are the stocks held by Ashish kacholia that delivered robust results in Q2FY25.
E2E Networks Ltd
E2E Networks is an NSE-listed AI-focused hyperscale cloud platform that provides sophisticated cloud GPUs as well as a full ecosystem of cloud technologies for the creation and implementation of AI and ML applications.
With a market capitalization of Rs 8,647 crore, the shares of E2E Networks Ltd were trading at Rs 5,121 per share, decreasing 5 percent as compared to the previous closing price.
Recently, the company announced their financial announcement revenue hopped by 118 percent on a yearly basis from Rs 22 crore in Q2FY24 to Rs 48 crore in Q2FY25, however, on a Quarterly basis revenue zoomed by 17 percent from Rs 41 crore in Q1FY25 to Rs 48 crore in Q2Y25.
Moreover, net profit is s stretched by 100 percent on a yearly basis from Rs 6 crore in Q2FY24 to Rs 12 crore in Q2FY25, meanwhile on a quarter-on-quarter basis net profit a slight dip of 0.4 percent from Rs 10 crore in Q1FY25 to Rs 12 crore in Q2FY25.
Ace investor Ashish Rameshchandra Kacholia holds 177,043 equity shares equivalent to 1.05 percent as of September 2024.
The company plans to expand its data center facilities, increasing capacity from 1,000 KW to 4,200 KW over seven years, sourced from one of its vendors. This expansion aims to enhance operational capabilities and meet the growing demand for data services in the market.
Balu Forge Industries Ltd
Balu Forge Industries Ltd is engaged in the manufacturing of crankshafts and other forged components and related activities. The Company offers raw forged, semi-finished, fully finished, or assembled products, such as crankshafts, and carriages, which include track shoes, track links, track rollers, and others.
With a market capitalization of Rs 8,772 crore, the shares were trading at Rs 802 per share, decreasing around 0.39 percent as compared to the previous closing.
Recently, the company announced their financial announcement revenue hopped by 60 percent on a yearly basis from Rs 139 crore in Q2FY24 to Rs 223 crore in Q2FY25, however, on a Quarterly basis revenue zoomed by 27 percent from Rs 175 crore in Q1FY25 to Rs 223 crore in Q2Y25.
Moreover, net profit is s stretched by 109 percent on a yearly basis from Rs 23 crore in Q2FY24 to Rs 48 crore in Q2FY25, meanwhile on a quarter-on-quarter basis net profit magnified by 41 percent from Rs 34 crore in Q1FY25 to Rs 48 crore in Q2FY25.
Ace investor Ashish Kacholia holds 19,90,500 equity shares equivalent to 1.82 percent in the company as of September 2024.
Updater Services Limited is an India-based business services platform that provides facilities management (IFM) and business support services. It has two segments: IFM & Other Services and BSS Segment.
With a market capitalization of Rs 2,773 crore, the shares were trading at Rs 414 per share, decreasing around 1.24 percent as compared to the previous closing.
Recently, the company announced their financial announcement revenue hopped by 13 percent on a yearly basis from Rs 600 crore in Q2FY24 to Rs 680 crore in Q2FY25, however, on a Quarterly basis revenue zoomed by 4 percent from Rs 652 crore in Q1FY25 to Rs 680 crore in Q2Y25.
Moreover, net profit is s stretched by 211 percent on a yearly basis from Rs 9 crore in Q2FY24 to Rs 28 crore in Q2FY25, meanwhile on a quarter-on-quarter basis net profit magnified by 8 percent from Rs 26 crore in Q1FY25 to Rs 28 crore in Q2FY25.
Ace investor Ashish Kacholia holds 1,005,000 equity shares equivalent to 1.5 percent in the company as of September 2024.
Written by:- Abhishek Singh
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