Ace Investor Ashish Kacholia has made strategic investments with a varied portfolio that includes hospitality, education, infra, chemicals, and manufacturing stocks. He publicly holds 49 stocks with a net worth of over Rs. 3,159.1 Crores. Here are some of the chemical stocks held by Ashish Kacholia as of Q3FY24.
Ami Organics
AMI Organics (AMI) is one of the leading research and development-driven manufacturers of specialty chemicals, focused on the development and manufacturing of advanced pharmaceutical intermediates for regulated and generic active pharmaceutical ingredients, New Chemical Entities, and key starting materials for agrochemical and fine chemicals.
With a market capitalization of Rs. 4,005 Crores, the shares of Ami Organics Limited were trading at Rs. 1,082.70 down 1.91 percent from its previous day’s close price of Rs. 1,103.75.
Ace Investor Ashish Kacholia Holds a 2.11 percent stake in the company consisting of 7.76 lakh equity shares. He made an entry into this company in the September 2021 Quarter by purchasing a 1.35 percent stake consisting of 4.91 lakh equity shares.
Its revenue from operations grew by 18.57 percent from Rs. 520 Crores in FY22 to Rs. 617 Crores in FY23, accompanied by profits of Rs. 72 Crores to Rs. 83 Crores.
It has reported a return on equity (ROE) of 15 percent and a return on capital employed (ROCE) of 20.6 percent, it is making good returns on its equity and capital employed.
Tanfac Industries
Tanfac Industries Limited is engaged in the business of manufacturing inorganic fluorine-based chemicals like Hydrofluoric acid, sulphuric acid, potassium Bifluoride, and many more. It is amongst the leading producers of Hydrofluoric Acid and its derivatives.
With a market capitalization of Rs. 1,896 Crores, the shares of Tanfac Industries Limited were trading at Rs. 1,901, down 3.76 percent from its previous day’s close price of Rs. 1,975.20.
Ace Investor Ashish Kacholia holds a 1.19 percent stake in the company consisting of 1.18 lakh equity shares, he took fresh entry into the company in December 2023 Quarter
Its revenue from operations grew by 17.11 from Rs. 320 Crores in FY22 to Rs. 375 Crores in FY23, accompanied by increasing profits of Rs. 53 Crores to Rs. 56 Crores. It has reported a return on equity (ROE) of 34.4 percent and a return on capital employed (ROCE) of 47.7 percent, it is making good returns on its equity and capital employed.
Best Agrolife
Best Agrolife Limited is one of the leading agrochemical manufacturers in India. It Offers crop protection, food safety solutions, and a wide range of agri solutions thereby supporting the farmers in agriculture and many more.
With a market capitalization of Rs. 1,460 Crores, the shares of Best Agrolife Limited were trading at Rs. 617.85, down 1.66 percent from its previous day’s close price of Rs. 628.30.
Ace Investor Ashish Kacholia Holds a 1.36 percent stake in the company consisting of 3.21 lakh equity shares. He made an entry into this company in the September 2022 Quarter by purchasing a 1.46 percent stake consisting of 3.45 lakh equity shares.
Its revenue from operations grew by 44.18 from Rs. 1,211 Crores in FY22 to Rs. 1,746 Crores in FY23, accompanied by increasing profits of Rs. 105 Crores to Rs. 192 Crores.
It has reported a return on equity (ROE) of 34.4 percent and a return on capital employed (ROCE) of 44.8 percent, it is making good returns on its equity and capital employed.
Fineotex Chemical
Fineotex Chemicals Limited is engaged in the business of manufacturing auxiliaries and specialty chemicals for textiles, construction, water treatment, fertilizer, leather, paint and other industries.
With a market capitalization of Rs. 4,342 Crores, the shares of Fineotex Chemical Limited were trading at Rs. 393.10, up 5.11 percent from its previous day’s close price of Rs. 374.
Ace Investor Ashish Kacholia Holds a 2.83 percent stake in the company consisting of 31.35 lakh equity shares. He made an entry into this company in the March 2022 Quarter by purchasing a 1.84 percent stake consisting of 20.42 lakh equity shares.
Its revenue from operations grew by 40.40 from Rs. 368 Crores in FY22 to Rs. 517 Crores in FY23, accompanied by increasing profits of Rs. 57 Crores to Rs. 90 Crores.
It has reported a return on equity (ROE) of 28.9 percent and a return on capital employed (ROCE) of 36.5 percent, it is making good returns on its equity and capital employed.
Written by: Bharath K.S
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