Ashish Kacholia’s portfolio gains Rs 8,68,55,234 in just 1 day from this Multibagger Specialty Chemicals stock; Jumps over 10% with 11 times volume spurt
The company saw a spurt in volume of more than 11 times on the BSE.
On Friday, shares of Fineotex Chemical Ltd (FCL) jumped 10.52 per cent to Rs 290.95 per share from their previous closing of Rs 263.25 per share. The stock’s 52-week high is Rs 438.60 per share, and its 52-week low is Rs 192.05 per share. The company saw a spurt in volume of more than 11 times on the BSE.
Fineotex Chemical Limited stands out as a leading Indian multinational producer of specialty performance chemicals, offering sustainable, technology-driven solutions to diverse sectors including textile and garment processing, home and hygiene, water treatment, and oil & gas. With advanced manufacturing facilities in Ambernath and Navi Mumbai, India, as well as Selangor, Malaysia, and an additional plant on the horizon in Ambernath, Fineotex is committed to innovation and environmental responsibility. The company boasts a significant global footprint, serving clients in sixty-nine countries through a strong network of one hundred two distributors in India, supported by an NABL-accredited R&D laboratory. This commitment ensures Fineotex continues to deliver reliable, eco-friendly, and cutting-edge solutions designed to meet the evolving demands of the global market.
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The company experienced a decline in its financial performance for both the fourth quarter and the full fiscal year. In Q4FY25, net sales decreased to Rs 120 crore from Rs 153 crore in Q4 FY24, while net profit fell to Rs 20 crore from Rs 30 crore in the same period last year. Similarly, for the full fiscal year 2025 (FY25), the company reported net sales of Rs 533 crore, down from Rs 569 crore in FY24. Net profit for FY25 also saw a decline, reaching Rs 109 crore compared to Rs 121 crore in FY24.
An ace investor, Ashish Kacholia, holds 31,35,568 shares or a 2.74 per cent stake in the company as of March 2025. In just 1 day, his portfolio gains Rs 8,68,55,234 from this Specialty Chemicals stock. The company has a market cap of over Rs 3,200 crore with an ROE of 18 per cent and an ROCE of 24 per cent. The stock gave multibagger returns of 950 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.