Indian ace investor and stock market trader Ashish Kacholia, who is known for his ability to pick quality stocks in the midcaps and smallcaps segment, has increased his stake Xpro India in his portfolio during the December quarter. The multibagger stock has surged over a whopping 2,609% in a year’s period with the counter rising from around ₹39 per share level on the BSE to currently hovering around at ₹1,078 apiece.
Xpro India on Thursday released its shareholding pattern on the BSE for the third quarter i.e., October-December 2021 period. The data showed that Ashish Kacholia holds 3,41,316 shares or 2.89% stake in the company as of December 2021, up from 2,97,216 shares or 2.52% stake in the previous quarter. The investor had picked up stake in Xpro India in the July-September 2021 period.
Xpro India Limited is part of Birla Group, a conglomerate comprising of many divisions. It is a diversified multi-divisional, multi-locational company with a strong commitment to the polymer processing industry. Xpro India shares have gained more than 503% in six months period alone whereas the stock has surged over 16% in the last seven days.
Ashish Kacholia has a varied portfolio that includes hospitality, education, infra and manufacturing stocks. He is among the marquee investors whose portfolio is closely tracked by stock market participants. Ashish Kacholia publicly holds 27 stocks with a net worth of over Rs. 1,712 crore, as per Trendlyne.
Never miss a story! Stay connected and informed with Mint.
Download
our App Now!!
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsBit.us is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
