Ashish Kacholia gains Rs 15,15,01,083 from his favourite small-cap multibagger stock in just one day; check if you hold it
Now, the most striking part is that Ashish Kacholia holds a total of 3,523,281 shares of the stock, which has risen by Rs 43.15 per share.
Ace investor Mr. Ashish Kacholia holds a 3.81 per cent stake in XPRO India Ltd, as per the latest shareholding pattern. The company's earnings per share (EPS) has shown remarkable growth, rising from Rs 3.65 in the quarter ending December 2022 to Rs 6.20 in the quarter ending June 2023, indicating the company's increasing strength.
XPRO India Ltd primarily engages in polymer processing at multiple locations and is a leading manufacturer of Coextruded Plastic Films, thermoformed liners, and specialty films in India. This includes dielectric films and special-purpose BOPP Films. The company operates three manufacturing facilities: two for the Coex division in Uttar Pradesh and Maharashtra, and one for the Biax Division in Barjora, West Bengal. The Coex Division contributes 76 per cent of the company's revenues and specializes in manufacturing coextruded sheets, thermoformed refrigerator liners, and co-extruded cast films, serving industries like white goods, disposable containers, and automotive.
With a market capitalization of Rs 1,901 crore, it's classified as a Small-Cap stock. Notably, the stock has delivered impressive returns with a 3-year stock price CAGR of 318 per cent. In Q1FY24, XPRO India Ltd reported net sales of Rs 131 crores and a net profit of Rs 11 crores.
On Wednesday, shares of XPRO India Ltd surged to Rs 1,055.20 per share, reaching an intraday high of Rs 1,065.30 and a low of Rs 1,008.10. As of June 2023, the company's promoters hold approximately 45 per cent of the stake, indicating strong confidence in its growth prospects.
Now, the most striking part is that Ashish Kacholia holds a total of 3,523,281 shares of the stock, which has risen by Rs 43.15 per share. When we calculate the gains made by Ashish Kacholia, it amounts to a staggering Rs 15.15 crore.
Disclaimer: The article is for informational purposes only and not investment advice.