Every investor in the securities market is in continuous find of stocks that have the capability of giving multi-fold returns to them. Listed below are three multibagger stocks in well-known ace investor Mr. Ashish Kacholia’s portfolio:
Knowledge Marine & Engineering Works Limited
With a market capitalization of Rs 1,425 crores, the shares of Knowledge Marine & Engineering Works Limited are currently trading at Rs 1,320, slipping around 0.20 percent as compared to the previous close of Rs 1,321.75 apiece.
Keeping a purview of one year, the company’s stock has delivered multibagger returns of 145 percent to its stakeholders, i.e., an investment of 1 Lakh would have converted to Rs 2.45 Lakhs within a period of one year if someone would have invested in the stock.
Mr. Ashish Kacholia took entry into the stock in December 2022 and as per the quarter ending June 2023, he holds 3,00,000 equity shares of the company equating to a 2.78 percent stake.
Knowledge Marine & Engineering Works Limited is associated with the business of marine crafts, marine infrastructure engineering, and other construction work. The company has three broad business divisions namely owning & operating marine crafts, dredging, and repairs & maintenance of marine crafts and its infrastructure.
SG Finserve Limited
With a market capitalization of Rs 2,461 crores, the shares of SG Finserve Limited are currently trading at Rs 579, slipping around 1.50 percent as compared to the previous close of Rs 587.85 apiece.
Keeping a purview of one year, the company’s stock has delivered multibagger returns of 217 percent to its stakeholders, i.e., an investment of 1 Lakh would have converted to Rs 3.17 Lakhs within a period of one year if someone would have invested in the stock.
Mr. Ashish Kacholia, as per the quarter ending June 2023, holds 4,96,821 equity shares of the company equating to a 1.17 percent stake.
SG Finserve Limited is involved in the business of trading activities pertaining to mutual funds and equity shares. It also provides a wide range of financial services with regard to investment research, broking, wealth management, insurance, etc.
Venus Pipes and Tubes Limited
With a market capitalization of Rs 2,784 crores, the shares of Venus Pipes and Tubes Limited are currently trading at Rs 1,373.45, gaining around 4 percent as compared to the previous close of Rs 1,318.85 apiece. The scrip witnessed an intra-day high of Rs 1,400 which was also recorded as the company’s fresh 52-week high level.
Keeping a purview of one year, the company’s stock has delivered multibagger returns of 243 percent to its stakeholders, i.e., an investment of 1 Lakh would have converted to Rs 3.43 Lakhs within a period of one year if someone would have invested in the stock.
Mr. Ashish Kacholia took a fresh entry into the company’s stock in the quarter ended June 2023 and holds 4,00,000 equity shares of the company equating to a 1.97 percent stake.
Venus Pipes & Tubes Limited is a company based in India that is involved in the process of manufacturing as well as exporting stainless steel pipes & tubes. The Company also manufactures tubular products existing in two categories such as welded tubes/pipes and seamless tubes/pipes.
Written by Amit Madnani
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