Kacholia increased his stake in Brand Concepts by 12 bps in the last quarter to 1.56% from 1.44% at the end of the December quarter.
Shareholding of individual investors reflects in the ‘Shareholding Pattern’ of BSE-listed companies only on reaching a 1% stake or above in the company.
The hike in stake comes on the back of multibagger returns of 250% given by this counter over the 12 months. In 2024, so far the stock has corrected by over 4%. Its returns are significantly higher than the 28% returns given by Nifty over a 1-year period.
Today, the stock was trading at Rs 739.95, down by Rs 5.15 or 0.69%. Its market capitalisation is around Rs 818 crore.
Meanwhile, Kacholia brought down his equity in Vaibhav Global by 15 bps in the January-March quarter to 1.06% versus 1.21% in the previous quarter. The stock has corrected 2% YTD while it has given a return of 25% over a 1-year period. Also Read: Voltas shares jump 13% after company reports highest-ever AC salesPopularly referred to as a ‘Big Whale’, Kacholia publically holds 49 stocks with a net worth of over Rs 3,129 crore, according to Trendlyne data. Kacholia’s wealth has grown by 5.6% on a quarter-on-quarter (QoQ) basis to Rs 2,920.36 crore during the three-month period ended March 31, 2024.
Other stocks in his portfolio include Tanfac Industries, Raghav Productivity Enhancers, Stove Kraft, ADF Foods, Ador Weldings, Mastek, NIIT, PCBL, Goldiam International, Sky Gold and VRL Logistics among others.
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