Ashish Kacholia Makes Rs. 25 Crore in 3 Months on Investment in Small-Cap Stock

Ashish Kacholia, a well-known investor with a knack for picking multibagger stocks, has made Rs. 25 crore in the last three months on his investment in small-cap stock Balu Forge.

Kacholia has a 2.16% stake in Balu Forge, which he bought at a price of Rs. 115.45 per share. The stock is currently trading at Rs. 230.45 per share, representing a gain of Rs. 25 crore for Kacholia in just three months.

Balu Forge is a Belgaum-based company that manufactures crankshafts for vehicles. The company has seen strong growth in recent years, and its stock price has reflected that growth.

Kacholia”s other investments have also performed well in recent years. For example, Bharat Bijlee, another stock in Kacholia”s portfolio, has delivered a return of over 700% in the last three and a half years.

As of September 30, 2023, Kacholia held 36 stocks with a net worth of over Rs. 2,382 crore.