D-Street’s ‘Big-Whale’ Ashish Kacholia hardly appears in the media and is known for letting his portfolio speak for himself. He has invested in more than forty stocks across a variety of sectors and has a net worth of over ₹ 1,871 crores.
According to the latest shareholding patterns released by companies, the seasoned investor has increased his stake in two stocks that gave multibagger returns of up to 2308%:
Xpro India
The ace investor picked 9200 shares in Xpro India during the October to December quarter. His stake in the company increased from 4.4% to 4.5% and the number of shares that he holds increased from 7,79,350 to 7,88,550 shares.
Xpro India is mainly engaged in the business of the processing of polymers. It is a leading manufacturer of coextruded plastic films, thermoformed liners and specialty films in India.
The company’s shares have given multibagger returns of 2308% in the past two years as its share price increased from ₹ 26.83 to ₹ 646.05 apiece. Therefore, if an investor would have invested ₹ 1 lakh in the company’s shares two years ago, the value of their holdings would have been ₹ 24.08 lakhs today!
Yasho Industries
Ashish Kacholia upped his stake in Yasho Industries from 2.6% to 3.82% in the October to December quarter. The number of shares that he holds increased from 2,96,322 shares to 4,35,350 shares.
Yasho Industries manufactures specialty chemicals, food antioxidants, aroma chemicals, rubber accelerators and lubricant additives. It has a global presence with exports to Europe, America, the Middle East and other Asian countries.
The company’s shares have given multibagger returns of 944% in the past two years, as its share price increased from ₹ 156.10 to ₹ 1630.00 apiece. Therefore, if an investor would have invested ₹ 1 lakh in the company’s shares two years ago, the value of their holdings would have been ₹ 10.44 lakhs today!
Written by Simran Bafna
Disclaimer
The content in this news article is not investment advice. 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.
