{"id":68230,"date":"2022-10-14T15:31:00","date_gmt":"2022-10-14T10:01:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=68230"},"modified":"2022-10-14T17:04:24","modified_gmt":"2022-10-14T11:34:24","slug":"multibagger-stock-hits-upper-circuit-again-as-ashish-kacholia-buys-stake-in-it","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/multibagger-stock-hits-upper-circuit-again-as-ashish-kacholia-buys-stake-in-it\/","title":{"rendered":"Multibagger stock hits upper circuit again as Ashish Kacholia buys stake in it"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-113542838\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Megastar Foods Ltd, a multibagger stock, hit the 5% upper circuit for the fourth day in a row and gained 28.88% in the past five days. Its shares are currently locked at \u20b9 247.65 apiece, a fresh 52-week high. 34068 shares changed hands during Friday\u2019s early trades on the Bombay Stock Exchange.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1792387404\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Megastar Foods is a prominent producer and supplier of wheat flour, organic wheat flour and a wide range of allied products in India. The company was incorporated in November 2011 and it started its operations in October 2013. Further, it got listed on the BSE SME platform on May 24, 2018.&nbsp;<\/p><p>Seasoned investor Ashish Kacholia bought a 1.04% stake in the company. He holds 103,666 shares, approximately worth \u20b9 2.5 crores. The renowned investor publicly holds 39 stocks with a net worth of over \u20b9 1,801.3 Crores.&nbsp;<\/p><p>Megastar Foods\u2019 shares have given multibagger returns in the past year. Its shares rose from \u20b9 43.00 to the current level, giving multibagger returns of 475.93%. If an investor would have invested \u20b9 1 lakh in the shares of the company, a year ago, the value of their holdings would have been \u20b9 5.76 lakhs today!&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3696875207\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>In fact, the share price of the company increased by 725.50% in the past two years. Therefore, if an investor would have invested \u20b9 1 lakh in the company\u2019s shares two years ago, the value of their holdings would have been \u20b9 8.25 lakhs today!&nbsp;<\/p><p>The company commands a market capitalization of \u20b9 226 crores. It has an ideal return on equity of 16.54% and an ideal debt-to-equity ratio of 0.96. Its shares are currently trading at a price-to-equity (PE) ratio of 31.22%, which is higher than the industry PE of 20.48. This indicates that the stock might be overvalued.&nbsp;<\/p><p><strong>Written by Simran Bafna\u00a0<\/strong><\/p><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>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.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-488671176\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Megastar Foods Ltd, a multibagger stock, hit the 5% upper circuit for the fourth day in a row and gained 28.88% in the past five days. Its shares are currently locked at \u20b9 247.65 apiece, a fresh 52-week high. 34068 shares changed hands during Friday\u2019s early trades on the Bombay Stock Exchange.&nbsp; Megastar Foods is [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":26353,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4865,31],"tags":[],"class_list":["post-68230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Multibagger stock hits upper circuit again as Ashish Kacholia buys stake in it - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/multibagger-stock-hits-upper-circuit-again-as-ashish-kacholia-buys-stake-in-it\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Multibagger stock hits upper circuit again as Ashish Kacholia buys stake in it\" \/>\n<meta property=\"og:description\" content=\"Megastar Foods Ltd, a multibagger stock, hit the 5% upper circuit for the fourth day in a row and gained 28.88% in the past five days. Its shares are currently locked at \u20b9 247.65 apiece, a fresh 52-week high. 34068 shares changed hands during Friday\u2019s early trades on the Bombay Stock Exchange.&nbsp; Megastar Foods is [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/multibagger-stock-hits-upper-circuit-again-as-ashish-kacholia-buys-stake-in-it\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-14T10:01:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-14T11:34:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/index-4-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/index-4-Cover-Image.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/multibagger-stock-hits-upper-circuit-again-as-ashish-kacholia-buys-stake-in-it\/\",\"url\":\"https:\/\/tradebrains.in\/features\/multibagger-stock-hits-upper-circuit-again-as-ashish-kacholia-buys-stake-in-it\/\",\"name\":\"Multibagger stock hits upper circuit again as Ashish Kacholia buys stake in it - 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