Ashish Kacholia, better known for his investing strategies and absence in the media, is one of the renowned Indian stock market investors.
He started his career with Prime Securities and later joined Edelweiss where he used to handle the equity research desk. Finally, he incorporated his broking firm, Lucky Securities, where he’s building his portfolio.
As per the latest corporate shareholdings filed, Ashish Kacholia publicly holds over 37 stocks with a net worth of around Rs. 2,923.2 crores. He focuses on companies with strong fundamentals. A few of his holdings have given him over 500 percent returns from the investment value.
Listed below are the AI, Railway and Green energy stock in which Ashish Kacholia invested during the recent quarter:
E2E Networks Ltd
With a market capitalization of Rs. 4,651 crores, the shares of the smallcap IT stock started Friday’s trading session on a lower note at Rs. 3,351 compared to its previous close of Rs. 3,379.30. During the trading session, the shares clocked a 5 percent lower circuit at Rs. 3,210.35 apiece.
Looking at E2E Networks Ltd’s financial statements, the revenue surged by 41 percent from Rs. 29 crores during the March quarter to Rs. 41 crores in the June quarter. In addition, the net profits magnified by 150 percent from Rs. 4 crores to Rs. 10 crores during the same period.
According to the NSE shareholding pattern, Ace Investor Mr Ashish Kacholia acquired around 1.77 lakh equity shares, representing a 1.05 percent stake in the company, in September 2024.
At the same time, Foreign Institutional Investors (FIIs) raised their stake from 1.28 percent in Q1 FY25 to 3.33 percent in Q2 FY25, an increase of 2.05 percent. Additionally, Domestic Institutional Investors (DIIs) hold a 4.24 percent stake in the company.
In terms of key financial metrics, the company reported a Return on Equity (RoE) of 30.86 percent and a return on capital employed (RoCE) of 17.07 percent for the period spanning FY23-24. Additionally, during the same timeframe, the net profit margin stood at 23.14 percent.
E2E Networks is an Nse-listed AI-focused hyper-scale cloud platform, offering advanced cloud GPUs and a comprehensive ecosystem of cloud technologies designed for the development and deployment of AI/ML applications.
Concord Control Systems Ltd
With a market capitalization of Rs. 1,134 crores, the shares of the railway company started Friday’s trading session on a flatter note at Rs. 1,890. During the trading session, the shares hit a high of Rs. 1,955, gaining around 4 percent and closed the day at Rs. 1,895 apiece.
Looking at Concord Control Systems Ltd’s financial statements, the revenue increased by around 17 percent from Rs. 30 crores in H1FY24 to Rs. 35 crores in H2FY24. In addition, the net profits also jumped around 17 percent from Rs. 6 crores to Rs. 7 crores during the same timeframe.
Recently, the company’s board of directors approved a proposal to issue 3,18,472 equity shares to the public (non-promoter) category on a preferential basis. Among the intended allottees are prominent investors Ashish Rameshchandra Kacholia.
As per the exchange filing, the company’s board approved the preferential issue of 3,18,472 fully paid-up shares of the face value of Rs. 10 each at the issue price of Rs. 1,570, including a security premium of Rs. 1,560, aggregating around Rs. 50 crores.
According to the allottees list published by the company, Mr. Ashish Rameshchandra Kacholia has been offered 76,433 shares or a 1.21 per cent stake. His investment in this allocation will amount to approximately Rs. 12 crores.
Meanwhile, one of the prominent investors Mukul Agrawal, already had a notable stake in the company, holding 2,40,000 shares or 4.01 percent as of the latest quarter.
In terms of key financial metrics, the company reported a Return on Equity (RoE) of 27.73 percent and a return on capital employed (RoCE) of 34.51 percent for the period spanning FY23-24. Additionally, during the same timeframe, the net profit margin stood at 19.90 percent.
Concord Control Systems is a leading manufacturer specializing in railway-related products. The company produces essential components such as inter-vehicular couplers, emergency lighting systems, brushless DC carriage fans, battery chargers, and tensile testing machines.
Ravindra Energy Ltd
With a market capitalization of Rs. 2,257 crores, the shares of the company primarily engaged in the solar energy sector started Friday’s trading session on a lower note at Rs. 145.52, locking a 5 percent lower circuit compared to its previous close of Rs. 153.18 apiece.
Looking at the company’s financial statements, the revenue decreased by around 25 percent from Rs. 30.12 crores during the March quarter to Rs. 22.71 crores in the June quarter. On the other hand, the net profits showcased a transition from a net loss of Rs. 63.40 crores to a net profit of Rs. 5.59 crores during the same timeframe.
Earlier, the company approved the preferential issue of 2,43,24,313 equity shares of the face value of Rs. 10 each, at a premium of Rs. 64 per equity share, aggregating to Rs. 179.99 crores.
This issuance was carried out on a preferential basis, meaning the shares would be allocated to select investors rather than being available to the general public.
According to the allottees list published by the company, Mr. Ashish Rameshchandra Kacholia has been offered 15,54,054 shares or a 0.87 per cent stake. His investment in this allocation will amount to approximately Rs. 12 crores.
Furthermore, Mr Mukul Agrawal has been offered 21,62,162 shares or a 1.21 per cent stake and his investment in this allocation will amount to around Rs. 16 crores.
Incorporated in 1980, Ravindra Energy Ltd is in the business of selling Solar Pumps, setting up Solar Generation Power plants (Ground Mount & Rooftop) and generation and sale of Power.
Written By Vaibhav Patil
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