Ashish Kacholia Net Worth, Penny Stocks and Portfolio 2024

Ashish Kacholia Net Worth: Ashish Kacholia is a well-known Indian investor who has gained attention for his skill in identifying multi-bagger stocks. He started his career in startups by founding Hungama Digital Entertainment in 2003 with Rakesh Jhunjhunwala. In the same year, he established his company, Lucky Securities. His investment focus is primarily on small and medium-sized companies with the potential for significant growth. Therefore, he is also known as the “Big Whale” and “Whiz-Kid” of Dalal Street.

In this article, we will discuss Ashish Kacholia’s most important aspects including his net worth such as his portfolio, investment strategies, and penny stocks.

Ashish Kacholia Net Worth

Everyone in the investment industry wants to know his total net worth. Some sources calculate net worth based only on the cost of the investment portfolio, ignoring other assets. However, we have provided the net worth by considering all his assets.

Ashish Kacholia Net Worth (Total): 5000* Cr. Approx.

Ashish Kacholia Net Worth (Portfolio of Stocks): 3264* Cr Approx.

*The amount may change over time.

Ashish Kacholia Net Worth / Portfolio

Ashish Kacholia Penny Stocks

• TEXEL INDUSTRIES LTD: On September 16, one of the stocks in his portfolio, TEXEL INDUSTRIES LTD, reached its upper circuit and hit a 52-week high. TEXEL INDUSTRIES LTD is a leading manufacturer of tarpaulins and geomembranes with a strong client base that includes Hindalco, Orchid Pharma, Oil India Ltd, NTPC, Hindustan Zinc, and Shree Cement, among others. The company has a market cap of 65.88 crores and a significant market presence.

Ashish Kacholia Microcap Stocks

• V-Marc India India Limited: This micro-cap company manufactures PVC-insulated wires and cables for various electrical systems. They specialize in fire-resistant cables (FR, HRFR, FRLS) that can be used in different electrical systems. Their main raw material is aluminium, which they source from reputable companies like Nalco and Hindalco. The company has experienced significant growth in its revenue from operations. Recently, the company invested a significant amount of money in acquiring land for their future projects. In September, Ashish Kacholia bought 4.97 lakh equity shares, which is equivalent to a 2.03 per cent stake in the company.

Ashish Kacholia Small Cap Stocks

• Concord Control Systems: Concord Control Systems reached a new all-time high after Ashish Kacholia bought a fresh stake in the company. This small-cap stock meets William J. O’Neil’s investment criteria.

The company manufactures and supplies coach-related and electrification products for Indian Railways and other railway contractors. Its subsidiaries include Drivetrain Solutions Pvt. Ltd and Rangetech Systems India Pvt. Ltd.

• Walchandnagar Industries Ltd: Additionally, Kacholia invested in the heavy engineering company Walchandnagar Industries Ltd, which has provided a 250% return in just one year.

He acquired 17,54,385 shares of Walchandnagar Industries Ltd, representing about 3.17% of the company’s total paid-up capital. This new investment reflects his confidence in the potential of the small-cap stock, as he was not listed among the shareholders in the previous quarter.

Kacholia’s investment track record, known for identifying potential high-performing stocks, has sparked significant interest among investors regarding this move.

• Jyoti Structures Ltd: In October 2024, he invested 600 million to acquire a 2.52% stake in Jyoti Structures Limited, making it one of his largest positions in recent times.

JSL specializes in creating infrastructure for high-voltage power transmission. The company handles turnkey projects, including design, testing, manufacturing, and commissioning of transmission lines and substations.

Jyoti Structures plans to grow its power transmission business by focusing on high-voltage transmission lines and substations.

Ashish Kacholia Investment Strategy

Here are the key points that Ashish Kacholia considers when investing in a micro-cap or small-cap company:

• Micro and Small Cap Stocks: He always considers micro and small-cap stocks to achieve high returns and selects stocks with potential for substantial growth.
• Management: He gives utmost importance to a company’s management. Understanding how effectively the management can execute its plans and operations is crucial.
• Long-Term Commitment: He does not invest for quick profits. Instead, he waits for a company to become successful over the long term.
• Portfolio Diversification: Kacholia believes in portfolio diversification. His portfolio consists of nearly 50 stocks, with over 50% of his wealth coming from the top 10 stocks and the remaining 50% distributed among the other 40 stocks.

PLEASE NOTE: This is not an investment advice. Please discuss this with your financial advisor before any investment.

Ashish Kacholia Company Name

• Lucky Securities Inc.

Conclusion

We covered everything about Ashish Kacholia, including his stock picks, investment strategies, and net worth. If you found this article helpful, please share it with your friends and family. We will continue to update this article with new data and information over time. One more thing to note: the stocks mentioned above are highly risky as they are micro and small-cap stocks. Therefore, before investing, be sure to conduct thorough research or seek advice from your financial advisor.

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