Heavy buying & DIIs increase stake: Ashish Kacholia gains Rs 7,70,25,130 in this multibagger stock in just one day; hits fresh 52-week high!

Shares of the company gained more than 170 per cent in the last six months.

Shares of Aditya Vision Limited gained over 9 per cent on Monday. The stock witnessed heavy buying activity from investors on Monday. Ace investor Ashish Kacholia holds a 1.99 per cent stake in the company. The stock also made a fresh 52-week high today. The company reported robust Quarterly Results for Q2FY24, with revenue increasing by 20.62 per cent YoY to Rs 313.13 crore. The operating profit grew by 8.04 per cent on a YoY basis and PAT declined 15.15 per cent YoY to Rs 9.63 crore.

Ace investor Ashish Kacholia made a killing on Monday, gaining over Rs 7.70 crore in profit on his 2,39,506 shares in Aditya Vision, which soared by Rs 321.60 per share. The stock has also delivered multibagger returns of over 8,640 per cent in the past five years.

Also read, This multibagger shipbuilding company bags new order worth Rs 1,145.10 crore

Aditya Vision Ltd, incorporated in 1999, is engaged in the trading of electronic items and is a service-oriented electronic retail chain in Bihar dealing in consumer durables of all kinds. Additionally, DIIs increased their stake in the company in September 2023.

Today, the stock opened at Rs 3350.00, with a high and low of Rs 3610.00 and Rs 3300.00. The stock closed trading at Rs 3601.20, up by 9.81 per cent. The stock has a 52-week high of Rs 3610.00 and a 52-week low of Rs 1251.65.

The stock has shown tremendous growth and investors should keep a close eye on this stock.

Disclaimer: The article is for informational purposes only and not investment advice.