His biggest stock holding Mastek emerged as multibagger, delivering 139 per cent return so far this year. Kacholia held 2.82 per cent stake in this IT firm, which at Friday’s close was valued at Rs 208 crore.
Vaibhav Global, his second-biggest stock holding, has delivered a 55 per cent return this year, taking Kacholia’s total holding value in the electronic retailer to Rs 178 crore as of Friday.
Poly Medicure is now his third-biggest holding that has surged 93 per cent year-to-date.
Birlasoft, Kacholia’s fourth-biggest stock holding, is up 62 per cent this year. Kacholia owns Rs 131 crore worth of the IT firm’s shares as of Friday.
His fifth and sixth largest holdings Apollo TriCoat Tubes and Shaily Engineering have doubled investor money in 2021, soaring 101 per cent and 130 per cent, respectively.
NIIT (up 51 per cent), HLE Glasscoat (up 215 per cent), Caplin Point (up 81 per cent) and Apollo Pipes (up 124 per cent) are his next four top bets that beat the market hands down in 2021.
Overall, among his top 10 holdings, five stocks have delivered multibagger returns in the year so far. Kacholia’s portfolio value stood at Rs 1,687 crore as of Friday compared with Rs 1,039 crore as of December 2020 end.
In the case of Mastek, a median target of Rs 2,840 by 4 analysts, suggested 1 per cent potential downside. The median estimate for Birlasoft stock suggests 20 per cent potential upside for the stock. Kacholia’s other portfolio stocks are not widely tracked by analysts.
