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Ashish Kacholia’s portfolio multibagger stock: Board allots 25,00,000 equity shares to FII, Sixteenth Street Asian Gems Fund!
Ashish Kacholia’s portfolio multibagger stock: Board allots 25,00,000 equity shares to FII, Sixteenth Street Asian Gems Fund!

Ashish Kacholia’s portfolio multibagger stock: Board allots 25,00,000 equity shares to FII, Sixteenth Street Asian Gems Fund!

The stock gave multibagger returns of 220 per cent in just 1 year whereas BSE Sensex Index is up by 13.35 per cent

Kiran Shroff Article rating: 4.1

The stock gave multibagger returns of 220 per cent in just 1 year whereas BSE Sensex Index is up by 13.35 per cent

300 per cent returns: Sixteenth Street Asian Gems Fund bought 25,00,000 shares of this multibagger forging company after Ashish Kacholio bought 21,65,500 shares!
300 per cent returns: Sixteenth Street Asian Gems Fund bought 25,00,000 shares of this multibagger forging company after Ashish Kacholio bought 21,65,500 shares!

300 per cent returns: Sixteenth Street Asian Gems Fund bought 25,00,000 shares of this multibagger forging company after Ashish Kacholio bought 21,65,500 shares!

From Rs 115.45 per share to Rs 222 per share, Ashish Kacholia already made a profit of 92.30 per cent or Rs 23,07,34,025 (Rs 23.07 crore) since they bought the stock.

Kiran Shroff Article rating: 3.9

According to the quarterly results, net sales increased by 112.86 per cent and stood at Rs 112.38 crore, operating profit increased by 180.41 per cent to Rs 21.90 crore and net profit increased by 125.35 per cent to Rs 16.67 crore in Q1FY24 compared to Q1FY23. The company has a market cap of over Rs 2,100 crore and reported positive numbers in its annual results.

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