ashish kacholia stocks: Ashish Kacholia picks 3 new multibagger stocks that have risen up to 3,000% in 5 years

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Ace investor Ashish Kacholia has significantly altered his portfolio during the December quarter by adding some new stocks, raising stakes in few companies and reducing it in select others.

During the December quarter, Kacholia added Goldiam International, Raghav Productivity Enhancers and Knowledge Marine & Engineering Works to his portfolio.

Goldiam International is a jewellery maker and exporter of diamond jewellery. The company is also involved in diamond cutting and polishing business. The stock has given close to 1,000% return in the past five years.

Raghav Productivity Enhancers is engaged in offering ramming mass mineral and refractory material in induction furnace. Similar to that of Goldiam, Raghav Productivity too has risen 930% in the last five years. The company has offered about 80.49% returns to investors in the last six months.

On the other hand, Knowledge Marine & Engineering Works, which is in the business of manning, operation and technical maintenance of marine crafts and marine infrastructure, surged by a massive 3,335% in the past five years.

Apart from these fresh buys, Kacholia has raised stake in the existing stocks of his portfolio. Some of the companies where the investor raised stakes in the range of 0.1% to 1.3% include Agarwal Industrial Corporation, Gravita India, Xpro India, Yasho Industries, among others.

His holdings in a range of companies like NIIT, Vaibhav Global, Fineotex Chemical among others remained untouched in the third quarter.Apart from the buyings, Kacholia has reduced positions in D-Link (India) and Hindware Home Innovation. In D-Link, the investor has cut the stake to 2.1% from 3.3% earlier, while he limited the holdings to 1.3% in Hindware from 2.7% earlier.

Kacholia started his career with Prime Securities and later set up his own broking firm, Lucky Securities in 1995. He started building his own portfolio since 2003. Popularly known as the “Big Whale” in the stock markets, his investments are closely tracked by investors and traders alike.

The superstar investor currently owns over 40 stocks with a net worth of over Rs 1,910 crore, according to data from Trendlyne. His diversified portfolio has companies ranging from hospitality to education to infra.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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