Ashish Kacholia buys stake in Multibagger stock which has grown by 700% in 2 years

 

Multibagger Stock: Ashish Kacholia holds 2.49% stake in the company.

• Ashish Kacholia's name has appeared in the shareholding pattern of Multibagger stock in the recently ended September 2022 quarter

Ashish Kacholia Portfolio: Popularly known as the 'Big Whale' of the Indian stock market, Ashish Kacholia's name has surfaced in the latest shareholding pattern of Agarwal Industrial Corporation Limited. In the company's shareholding pattern for the period July to September 2022, the name of Ashish Kacholia is included in it. List of individual shareholders who have 1 percent or more stake in the company.

Ashish Kacholia's stake in Agarwal Industrial Corporation

As per the shareholding pattern of Agarwal Industrial Corporation Limited for the quarter July to September 2022, Ashish Kacholia holds 3,72,128 shares or 2.49 per cent stake in the company. In the company's shareholding pattern for the April to June 2022 quarter, Ashish Kacholia's name was missing from the list of individual shareholders of the company. That is, 'Big Whale' bought new shares of the company during the July to September quarter in the current financial year.

However, it would be difficult to ascertain whether Ashish Kacholia bought all these shares in one go or he bought these shares in a calibrated manner. According to the rules of the exchange, it is mandatory for listed companies to share the names of those shareholders who hold more than 1 per cent of the shares in the company. Although, they give the number of shares held by the shareholder at the end of the latest quarter, they do not share the details regarding purchase and sale of shares.

Agarwal Industrial Corporation share price

The shares of Agarwal Industrial Corporation are one of the multibagger stocks in the Indian stock market. In the past one year, this multibagger stock has grown from around ₹332 to ₹682 per level, giving more than 100 percent returns to its shareholders. This multibagger stock has given 70 per cent returns to its positional shareholders during the year-on-year (YTD) time frame. This stock has given a strong jump in the post-Covid rebound. Over the past two years, it has grown from around ₹87 to ₹682 per level, giving a return of nearly 700 percent to its shareholders.