‘Big Whale’, as fondly called by the media, Mr. Ashish Kacholia is one of the well-known ace investors based in India. According to the latest corporate shareholdings, he publicly holds 49 stocks with a net worth of over Rs 3,200 crores.
Listed below are three companies under Mr. Ashish Kacholia’s portfolio that have delivered net profit growth of up to 1,400 percent on a YoY basis, i.e., comparing December 2022 and December 2023:
Brand Concepts Limited
With a market capitalization of Rs 816.42 crores, the stocks of Brand Concepts Limited started their trading session on Tuesday at Rs 759.90 and currently trade at Rs 735, slipping approximately 1.70 percent as compared to the previous closing price of Rs 747.30 apiece.
Mr. Ashish Kacholia entered into the stocks of Brand Concepts Limited recently in December 2023 and currently holds around 1.60 lakh equity shares equivalent to a 1.44 percent stake in the company.
Having a glance at the financials during Q3FY23 and Q3FY24, the prime business indicators, including the operating revenues and after-tax profit figures, have risen sharply with the former increasing from Rs 45.36 crores to Rs 65.51 crores and the latter from Rs 2.89 crores to Rs 3.06 crores, i.e., an increase of 6 percent.
SG Finserve Limited
With a market capitalization of Rs 2,489.19 crores, the stocks of SG Finserve Limited started their trading session on Tuesday at Rs 468 and currently trade at Rs 453, slipping approximately 1.10 percent as compared to the previous closing price of Rs 458.05 apiece.
Mr. Ashish Kacholia entered into the stocks of SG Finserve Limited in September 2022 and currently, as per the December 2023 quarter, he holds around 6.28 lakh equity shares equivalent to a 1.14 percent stake in the company.
Having a glance at the financials during Q3FY23 and Q3FY24, the prime business indicators, including the operating revenues and after-tax profit figures, have risen sharply with the former increasing from Rs 12 crores to Rs 52 crores and the latter from Rs 5 crores to Rs 22 crores, i.e., an increase of 340 percent.
Zaggle Prepaid Ocean Services Limited
With a market capitalization of Rs 4,031.02 crores, the stocks of Zaggle Prepaid Ocean Services Limited started their trading session on Tuesday at Rs 342.70 and currently trade at Rs 330.15, slipping approximately 3 percent as compared to the previous closing price of Rs 340.40 apiece.
Mr. Ashish Kacholia entered into the stocks of Zaggle Prepaid Ocean Services Limited in September 2023 and currently, as per the December 2023 quarter, he holds around 27 lakh equity shares equivalent to a 2.21 percent stake in the company.
Having a glance at the financials during Q3FY23 and Q3FY24, the prime business indicators, including the operating revenues and after-tax profit figures, have risen sharply with the former increasing from Rs 148 crores to Rs 200 crores and the latter from Rs 1 crore to Rs 15 crores, i.e., an increase of a whopping 1,400 percent.
Written by Amit Madnani
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.