Finotex Chemical’s stock reached 52-week high
105% return in last one year
Ashish Kacholia held 1.93% stake in Finotex Chemical during the quarter April to June 2022
New Delhi. Finotex Chemical, the favorite stock of Ashish Kacholia, one of the veteran investors of the stock market, broke all its records and reached a 52-week high. On Thursday, the company’s shares jumped 11 per cent on the National Stock Exchange (NSE) and reached a leverage of Rs 238.
21% return in last one month
Finotex Chemical is one of the few multibagger stocks that the Indian stock market has produced in recent years. This is not the first time that this Ashish Kacholia stock has given great returns to its shareholders. Talking about the performance of the last one month, the share price of the company has gone from the level of Rs 193 to the level of Rs 229.75. During a month, this share of the company has given a return of 21 percent to the investors.
Finotex Chemical’s stock jumped 700% in last 5 years
In the last 6 months this multibagger stock has risen from around Rs 170 to 229.75 levels, registering a growth of about 35 per cent in this period. Similarly, this stock of Ashish Kacholia has given 105 per cent return to its positional investors in the last one year. In the last 5 years, this multibagger stock in Ashish Kacholia portfolio has increased from around 30 to Rs 230. During this, the share of Ashish Kacholia has increased by 700 percent.
Shareholding of Ashish Kacholia
As per the shareholding pattern of Finotex Chemicals for the quarter April to June 2022, the total holdings of Finotex Chemicals held by veteran investor Ashish Kacholia during the quarter April to June 2022 are:
There were 21,42,534 shares i.e. they have 1.93 percent stake in the company. During the January-March quarter, Ashish Kacholia held only 1.84 per cent stake. In this way, Ashish Kacholia has increased his stake in the first quarter of the current financial year.
Tags: Multibagger stock
FIRST PUBLISHED : August 04, 2022, 18:26 IST