Ashish Kacholia’s portfolio multibagger stock & FIIs increase stake: This forging company reports stellar quarterly results & nine-month results; PAT zooms 176 per cent!
Ashish Kacholia’s portfolio multibagger stock & FIIs increase stake: This forging company reports stellar quarterly results & nine-month results; PAT zooms 176 per cent!

Ashish Kacholia’s portfolio multibagger stock & FIIs increase stake: This forging company reports stellar quarterly results & nine-month results; PAT zooms 176 per cent!

The stock gave multibagger returns of 235 per cent in just 1 year whereas BSE Small-Cap Index is up by 64 per cent.

Kiran Shroff Article rating: 4.3

The stock gave multibagger returns of 235 per cent in just 1 year whereas BSE Small-Cap Index is up by 64 per cent.

Ashish Kacholia gains Rs 33,02,38,750 from this multibagger forging stock in just 6 months; scrip hit 52-week high!
Ashish Kacholia gains Rs 33,02,38,750 from this multibagger forging stock in just 6 months; scrip hit 52-week high!

Ashish Kacholia gains Rs 33,02,38,750 from this multibagger forging stock in just 6 months; scrip hit 52-week high!

The stock gave multibagger returns of 315 per cent in just 1 year whereas BSE Sensex Index is up by 18.45 per cent.

Kiran Shroff Article rating: 3.8

The stock gave multibagger returns of 315 per cent in just 1 year whereas BSE Sensex Index is up by 18.45 per cent.

Heavy buying & FIIs increase stake: Ashish Kacholia gains Rs 2,78,26,675 in this multibagger stock in just one day; PAT surges over 350 per cent!
Heavy buying & FIIs increase stake: Ashish Kacholia gains Rs 2,78,26,675 in this multibagger stock in just one day; PAT surges over 350 per cent!

Heavy buying & FIIs increase stake: Ashish Kacholia gains Rs 2,78,26,675 in this multibagger stock in just one day; PAT surges over 350 per cent!

Shares of the company gained more than 130 per cent in the last six months.

Praveenkumar Yadav Article rating: 3.7

Shares of the company gained more than 130 per cent in the last six months.

Ashish Kacholia gains Rs 28,68,20,475 from this multibagger forging stock in just 3 months; Company reports a 382 per cent jump in net profit!
Ashish Kacholia gains Rs 28,68,20,475 from this multibagger forging stock in just 3 months; Company reports a 382 per cent jump in net profit!

Ashish Kacholia gains Rs 28,68,20,475 from this multibagger forging stock in just 3 months; Company reports a 382 per cent jump in net profit!

The stock gave multibagger returns of 270 per cent in just 1 year whereas BSE Sensex Index is up by 13.35 per cent.

Kiran Shroff Article rating: 3.4

The stock gave multibagger returns of 270 per cent in just 1 year whereas BSE Sensex Index is up by 13.35 per cent.

Ashish Kacholia’s portfolio multibagger stock: Board allots 25,00,000 equity shares to FII, Sixteenth Street Asian Gems Fund!
Ashish Kacholia’s portfolio multibagger stock: Board allots 25,00,000 equity shares to FII, Sixteenth Street Asian Gems Fund!

Ashish Kacholia’s portfolio multibagger stock: Board allots 25,00,000 equity shares to FII, Sixteenth Street Asian Gems Fund!

The stock gave multibagger returns of 220 per cent in just 1 year whereas BSE Sensex Index is up by 13.35 per cent

Kiran Shroff Article rating: 4.1

The stock gave multibagger returns of 220 per cent in just 1 year whereas BSE Sensex Index is up by 13.35 per cent

300 per cent returns: Sixteenth Street Asian Gems Fund bought 25,00,000 shares of this multibagger forging company after Ashish Kacholio bought 21,65,500 shares!
300 per cent returns: Sixteenth Street Asian Gems Fund bought 25,00,000 shares of this multibagger forging company after Ashish Kacholio bought 21,65,500 shares!

300 per cent returns: Sixteenth Street Asian Gems Fund bought 25,00,000 shares of this multibagger forging company after Ashish Kacholio bought 21,65,500 shares!

From Rs 115.45 per share to Rs 222 per share, Ashish Kacholia already made a profit of 92.30 per cent or Rs 23,07,34,025 (Rs 23.07 crore) since they bought the stock.

Kiran Shroff Article rating: 3.9

According to the quarterly results, net sales increased by 112.86 per cent and stood at Rs 112.38 crore, operating profit increased by 180.41 per cent to Rs 21.90 crore and net profit increased by 125.35 per cent to Rs 16.67 crore in Q1FY24 compared to Q1FY23. The company has a market cap of over Rs 2,100 crore and reported positive numbers in its annual results.

Ashish Kacholia gains Rs 4,19,02,425 in just 1 day: This multibagger forging stock hit 52-week high as the company is likely to raise funds!
Ashish Kacholia gains Rs 4,19,02,425 in just 1 day: This multibagger forging stock hit 52-week high as the company is likely to raise funds!

Ashish Kacholia gains Rs 4,19,02,425 in just 1 day: This multibagger forging stock hit 52-week high as the company is likely to raise funds!

The stock gave multibagger returns of 250 per cent in just 1 year whereas BSE Sensex Index is up by 12.16 per cent.

Kiran Shroff Article rating: 4.1

According to the quarterly results, Revenue from Operations increased by 112.86 per cent and stood at Rs 112.38 crore, EBITDA increased by 180.41 per cent to Rs 21.90 crore and PAT increased by 125.35 per cent to Rs 16.67 crore in Q1FY24 compared to Q1FY23. This small-cap company has a market cap of over Rs 1,900 crore and reported positive numbers in its annual results.

Ashish Kacholia’s portfolio multibagger stock reports stellar quarterly results with 125 per cent jump in net profit; scrip up by 185 per cent in just 1 year!
Ashish Kacholia’s portfolio multibagger stock reports stellar quarterly results with 125 per cent jump in net profit; scrip up by 185 per cent in just 1 year!

Ashish Kacholia’s portfolio multibagger stock reports stellar quarterly results with 125 per cent jump in net profit; scrip up by 185 per cent in just 1 year!

The stock gave multibagger returns of 185 per cent in just 1 year whereas BSE Sensex Index is up by 10.10 per cent.

Kiran Shroff Article rating: 3.9

Furthermore, Ashish Kacholia, an ace investor, participated in the preferential issue of shares. He acquired 21,65,500 shares, which represents 2.16 per cent of the total shares issued.

Heavy buying witnessed: Ashish Kacholia's multibagger forging stock hits 52-week high; do you own it?
Heavy buying witnessed: Ashish Kacholia's multibagger forging stock hits 52-week high; do you own it?

Heavy buying witnessed: Ashish Kacholia's multibagger forging stock hits 52-week high; do you own it?

The stock gave multibagger returns of 185 per cent in just 6 months whereas BSE Sensex Index is up by 9 per cent.

Kiran Shroff Article rating: 3.9

According to the financials, Balu Forging has a market cap of Rs 1,473.47 crore and a 3-year stock price CAGR of 60 per cent. The net sales increased by 50.42 per cent to Rs 123.78 crore and net profit increased by 43.27 per cent to Rs 15.24 in Q4FY23 over Q4FY22. The net sales increased by 14.18 per cent and net profit increased by 30.39 per cent in FY23 over FY22.

Ashish Kacholia portfolio stock: Heavy buying witnessed in this multibagger forging stock; hits back-to-back 52-week highs!
Ashish Kacholia portfolio stock: Heavy buying witnessed in this multibagger forging stock; hits back-to-back 52-week highs!

Ashish Kacholia portfolio stock: Heavy buying witnessed in this multibagger forging stock; hits back-to-back 52-week highs!

The stock is up by 65 per cent in just 1 month.

Kiran Shroff Article rating: 3.9

The company has a market cap of Rs 1,385 crore with a 3-year CAGR of 60 per cent. The net sales increased by 50.42 per cent to Rs 123.78 crore and net profit increased by 43.27 per cent to Rs 15.24 in Q4FY23 over Q4FY22. The net sales increased by 14.18 per cent and net profit increased by 30.39 per cent in FY23 over FY22.

Ashish Kacholia portfolio stock: Ace Investors picks stake in this multibagger forging company; hits 52-week high!
Ashish Kacholia portfolio stock: Ace Investors picks stake in this multibagger forging company; hits 52-week high!

Ashish Kacholia portfolio stock: Ace Investors picks stake in this multibagger forging company; hits 52-week high!

The stock is up by 50 per cent in just 1 month and generated multibagger returns of 140 per cent in 6 months.

Kiran Shroff Article rating: 3.9

According to the financials, Balu Forging has a market cap of Rs 1,257.56 crore with a 3-year CAGR of 58 per cent. The net sales increased by 50.42 per cent to Rs 123.78 crore and the net profit increased by 43.27 per cent to Rs 15.24 in Q4FY23 over Q4FY22. The net sales increased by 14.18 per cent and the net profit increased by 30.39 per cent in FY23 over FY22.

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