Investor Ashish Kacholia's stock portfolio has seen a significant increase, reaching a value of ₹3,000 crore in FY24, up from ₹1,656.6 crore at the end of March. This growth is attributed to several high-performing investments, particularly in small and mid-cap companies. Among his notable successes, Vasa Denticity stands out with a return of 378% since its June listing on the NSE SME platform. Kacholia holds a 3.8% stake in the company, while fellow investor Mukul Agrawal owns approximately 2.56%.
Other remarkable performers in Kacholia's portfolio include TARC Ltd and Garware Hi-Tech Films, which have yielded returns of 245% and 177%, respectively. His stake in Garware is just over the significant four percent mark, and brokerage firm Sharekhan has expressed optimism about the company's growth prospects.
In the forging sector, Balu Forge Industries has seen its valuation under Kacholia's investment rise to ₹49 crore, where he holds a 2.16% stake. Dhabriya Polywood, another beneficiary of real estate trends, expects revenue growth between 20-25%, and Kacholia commands a significant shareholding of over six percent (6.43%).
Safari Industries is planning to invest ₹215 crore in capacity expansion to double its output capacity, which resonates with Prabhudas Lilladher’s high target price for the stock; Kacholia's stake there is valued at ₹220 crore (2.10%). Additionally, Gravita India is set for substantial business expansion and has received an optimistic price target from Emkay Global; Kacholia holds a stake of 2.15% in this venture.
Repro India also features in his portfolio with a stake exceeding two percent (3.23%) and is supported by investors Madhu Kela (3.33%) and Vijay Kedia (6.36%), emphasizing its strong position in print-on-demand services with significant year-over-year revenue growth in Q2 (30%).
Kacholia's diversified investment strategy focusing on SMEs and mid-cap companies has been pivotal in driving the impressive growth of his portfolio within this fiscal year.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.