Ace investor Ashish Kacholia increases his stake in this small-cap company. Do you own it?

Ashish Kacholia has raised his ownership from 4 per cent in December 2022 to 4.17 per cent in March 2023

On Thursday, shares of Garware Hi-Tech Films surged more than 1.3 per cent to make an intraday high of Rs 587.75 apiece.  

As per the latest shareholding pattern of the company, it has been disclosed that Ashish Kacholia has raised his ownership from 4 per cent in December 2022 to 4.17 per cent in March 2023. 

In Q3FY23, the company’s net sales went up by 0.01 per cent from last year’s same quarter to Rs 308.99 crore. The EBITDA level stood at Rs 58.56 crore, down by 10.12 per cent from December 2021 quarter. The net profit of the company slipped by 7.81 per cent from corresponding quarter last year to Rs 35.19 crore.  

Garware Hi-Tech Films Limited is the pioneer and the largest exporter of polyester films in India with an experience of 3 decades. It is the sole manufacture of solar control window films in India and among the only 2 companies in the world having patented technology for manufacturing the UV stabilized dyed films and the only company in the world with backward integration for manufacturing of its own raw material and all components for manufacture of solar control window films. 

Keep a close eye on this trending Ashish Kacholia portfolio stock.