13 Jan , 2022 By : monika singh
New Delhi: Marquee investor Ashish Kacholia has been on a buying spree in the December 2021 quarter as he increased his stake in five counters, including adding a couple of new stocks, the data suggests.
Among new purchases, Kacholia picked 2,69,431 equity shares or a 2.36 per cent stake in the specialty chemical player Yasho Industries during the December 2021 quarter, the latest shareholding data showed.
The Dalal Street veteran also added Igarashi Motors India to his portfolio as he owned 3,99,550 equity shares or a 1.3 per cent stake in the auto players.
Shares of Yasho Industries have zoomed more than 900 per cent in the last one year while Igarashi Motors India has rallied about 45 per cent during the same period.
Kacholia bought 4,50,000 equity shares of the textile player Faze Three during the October-December period, increasing his stake to 11,25,688 shares or 4.63 per cent stake in the December quarter from 6,75,688 shares or 2.78 per cent stake in the September quarter.
He also upped his stake in containers and packaging company Xpro India as he added 44,100 more shares to own 3,41,316 shares or 2.89 per cent stake in Q3 FY22 against 2,97,216 shares or 2.52 per cent stake in Q2 FY22.
On the other hand, Kacholia's stake in Venus Remedies has slipped below one per cent, signalling his exit from the company. The ace investor has trimmed his take in NIIT and Mold-Tek Packaging as well.
He has stayed put in ADF Foods, Ador Weldings, VRL Logistics, Shaily Engineering Plastics, Safari Industries, Acrysil and TARC during the quarter ending December 2021 as his holding during the period remained unchanged.
According to the data from Trendlyne, Ashish Kacholia publicly holds 28 stocks with a net worth of over Rs 1,828.1 crore.
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