• Ashish Kacholia holds 2.49% stake in this multibagger stock
Ashish Kacholia Portfolio: Shares of Agarwal Industrial Corporation Ltd. are one of the stocks that have given strong returns to their investors who believed in lower levels during the Covid-fuelled market selloff. This Ashish Kacholia-backed stock has risen from around ₹49 to ₹620 level, providing over 1150 per cent returns to its shareholders in the three years since the post-Covid market rebound.
Agarwal Industrial Corporation share price history
This Ashish Kacholia portfolio stock is in base building mode since last six months. However, in the year-to-date (YTD) time, the Ashish Kacholia-owned stock has rallied from around ₹400 to ₹620 per share, giving its investors over 50 per cent returns. In the last one year, the share price of Aggarwal Industrial Corporation has increased from around ₹375 to ₹620 per share, giving its shareholders a return of over 65 per cent.
However, if we look at the share price history of Agarwal Industrial Corporation after the outbreak of Covid-19 in 2020, it Ashish Kacholia stock has risen from around ₹49 to ₹620 per share level, which is 1150% in its long term. Gives a return of more than a percentage. Positional Investor.
impact on investment
Taking a cue from Agarwal Industrial Corporation share price history, if an investor had invested ₹1 lakh in this Ashish Kacholia-backed multibagger stock six months back, his ₹1 lakh would have turned into ₹1.50 lakh today. If an investor had invested ₹1 Lakh in this multibagger stock a year ago, his ₹1 Lakh would have turned into ₹1.65 Lakh today. However, if an investor had invested ₹1 lakh after the Covid-19 selloff, his ₹1 lakh would have turned into ₹12.50 lakh in the last three years.
Ashish Kacholia Shareholding
As per the shareholding pattern of Agarwal Industrial Corporation Limited for the July to September 2022 quarter, Ashish Kacholia holds 3,72,128 shares or 2.49 per cent stake in the company.
Agarwal Industrial Corporation Q2 Results
Agarwal Industrial Corporation Limited (AICL) reported a strong performance for the period ended September 30, 2022. The petrochemical player reported a 178 per cent rise in net profit to ₹7.18 crore in the September 2022 quarter. The company reported a bottom line of ₹2.59 crore in the year-ago period. It reported total revenue from operations of ₹163.44 crore in Q2 FY2023, which is almost 35 percent higher than revenue from operations of ₹121.8 crore in the same quarter last year.
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