From Rs 15 to Rs 762: This Ashish Kacholia multibagger registered around 4980 per cent returns in just two years

An investment of Rs 1 lakh would’ve been Rs 50.8 lakh in a period of two years.

Xpro India Ltd is engaged mainly in the business of polymer processing at multiple locations and is a leading manufacturer in India of Coextruded Plastic Films, thermoformed liners and speciality films (including dielectric films and special purpose BOPP Films). 

Share price of this company was Rs 15 on September 15, 2020, and on September 15, 2022, the share price ended at Rs 762, registering a ground-breaking growth of 4980 per cent. An investment of 1 lakh would have been 50 lakh in two years. 

As per the shareholding pattern of the June quarter, Ashish Kacholia, aka the 'Big Whale' holds 4,59,366 equity shares or a 3.89 per cent stake in XPRO India. The investor bought 37,750 shares or increased his stake by 0.32 per cent in the company. 

In Q1FY23, revenue was up by 75.19 per cent YoY to Rs 159.63 crore from Rs 91.12 crore in Q1FY22. PBIDT (Ex OI) was reported at Rs 23.08 crore, a growth of 106.78 per cent compared to Rs 11.16 crore reported in the same quarter of the last year. PAT was reported at Rs 18.53 crore, a gain of 269.27 per cent from Rs 5.02 crore in the same quarter the previous year.                                      

The shares have a 52-week high and low of Rs 1116.56 and Rs 211.61, respectively on BSE. On September 16, 2022, the stock is down by 0.18 per cent and the scrip is trading at Rs 761.