Ashish Kacholia Holds 6.67 Per Cent Stake: Modular Furniture Manufacturer Bags New Order Worth Rs 4.54 Crore From DLF Group

The stock is up by 34 per cent from its 52-week low of Rs 220 per share and gave multibagger returns of over 1,000 per cent in 5 years.

Dhabriya Polywood Ltd. has announced that its wholly-owned subsidiary, Dynasty Modular Furnitures Pvt Ltd., has secured a work order/Letter of Intent from DLF Group for the Supply & Installation of Modular Kitchen, Vanity, and Medicine Cabinets. This domestic order, valued at Rs 4.54 Crore (including GST), entails the supply and installation of the aforementioned furniture items and is scheduled to be executed within a period of 12 months, with completion occurring in various tranches as per the terms of the order.

Dhabriya Polywood Ltd., established in 1995, is a diversified manufacturer and supplier of plastic products and modular furniture, operating under brands like Polywood, DSTONA, DYNASTY, and DYNCRON. Their product range includes extruded uPVC/PVC profiles, sheets, mouldings, uPVC windows and doors, PVC fluted panels, folding doors, designer doors, fencing, SPC flooring, and modular furniture such as kitchens, wardrobes, and office furniture. The company operates through two business segments: Furniture & uPVC Doors, Windows, PVC Profiles, and D-Stona sheets and mouldings, with three manufacturing facilities located in Jaipur and Bangalore.

An ace investor, Ashish Kacholia, holds a 6.67 per cent stake as of December 2024. The stock’s 52-week high is Rs 520 per share and its 52-week low is Rs 225 per share. The company has a market cap of over Rs 350 crore and has an order of Rs 135 crore plus. The stock is up by 34 per cent from its 52-week low of Rs 220 per share and gave multibagger returns of over 1,000 per cent in 5 years. Investors should keep an eye on this micro-cap stock.

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