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The value Ashish Kacholia's stock portfolio stood roughly at Rs 2,800 crore at last close against Rs 1,874 crore at the end of 2022, as per data publicly available with Trendlyne. ....
The company had received the approval from its shareholders for allotment of securities in the annual general meeting (AGM) held on September 27, 2023. ....
Multibagger stock: Ashish Kacholia owned 5,43,000 shares or 2.29 per cent stake in this company. Analysts noted that the company has been consistently gaining share and is posing a credible threat to other players.
Kacholias 1.97% stake purchase in Venus Pipes comes on the back of a strong rally in the stock with multibagger returns of more than 240% in the last 12 months, which are almost 20 times higher than the returns given by S&P BSE Sensex during this period. In this year alone, the stock price has shot up 73%. ....