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Ashish Kacholia adds 3 new stocks to his portfolio, raises stake in 2 others in Q4

Ashish Kacholia was on a shopping spree during the March quarter as the ace investor added three new stocks to his portfolio while raising stakes in two others.

The new stocks added by him were Aditya Vision, Inflame Appliances and Virtuoso Optoelectronics while he increased his stake in Garware Hi-Tech Films and Knowledge Marine & Engineering Works in the quarter gone by.

Kacholia bought 133,053 equity shares or 1.11% stake in Aditya Vision according to the shareholding pattern available on BSE. His stake is valued at Rs 19.3 crore, according to Trendlyne data.

Shareholding of individual investors reflects in the ‘shareholding pattern’ of BSE-listed companies on reaching 1% stake or above in the company.

As per the latest corporate shareholdings filed, Kacholia publicly holds 44 stocks with a net worth of over Rs 1,855 crore.

Another stock added by him in the March quarter was Inflame Appliances wherein he bought 308,000 equity shares, accounting for 4.20% stake in the company.

Kacholia also bought 1,228,070 shares in Virtuoso Optoelectronics, amounting to 5.38% stake worth Rs 28.4 crore.Fondly known as the ‘Big Whale’, Kacholia started out with Prime Securities and later joined Edelweiss before incorporating his own broking firm Lucky Securities in 1995. He co-founded Hungama Digital with Rakesh Jhunjhunwala in 1999 and started building his own portfolio from 2003.

The ace investor, meanwhile, increased his stake in Garware Hi-Tech Films to 4.17% or 968,322 equity shares in the March quarter, which is currently valued at Rs 56.1 crore, according to Trendlyne. It was at 928,677 shares or 4% at the end of the December quarter, according to BSE data.

Kacholia added 20,000 shares in Knowledge Marine in the March quarter bringing his stake to 2.5% or 2,70,000 shares.

(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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