Renowned investor Ashish Kacholia has made significant changes to his Rs 2,675 crore portfolio during the September quarter, demonstrating his active approach to portfolio management. The changes include the addition of four new stocks and adjustments to existing holdings.

New Additions to the Portfolio

Kacholia has introduced four new stocks to his investment roster:

Notable Performance: Jain Resource Recycling

Kacholia's investment in Jain Resource Recycling has shown remarkable performance:

• Initial investment: Rs 50 crore at Rs 638.28 per share
• Current value: Rs 126.90 crore
• Returns: 156% in seven months
• Post 1:5 stock split:
  • Holding: 39,16,875 shares
  • Adjusted cost: Rs 126.75 per share

Reduced Stakes

The investor has also trimmed his positions in three companies:

Investments in New Listings and IPOs

Kacholia has also shown interest in newly listed companies and upcoming IPOs:

• Acquired stakes in newly listed companies:
  • Ganesh Consumer (1.46%)
  • M&B Engineering (1.27%)
• Invested in IPOs:
  • Suba Hotels
  • Vikran Engineering
  • Euro Pratik Sales

These portfolio adjustments reflect Kacholia's dynamic investment strategy, balancing new opportunities with existing holdings. The significant returns from investments like Jain Resource Recycling highlight his ability to identify high-potential stocks, while the diverse range of new additions and IPO investments suggest a forward-looking approach to portfolio growth.

Star investor Ashish Kacholia has demonstrated his market acumen once again, as his portfolio value witnessed a significant uptick in the June quarter despite a reduction in the number of stocks held. This development highlights the seasoned investor's strategic approach to portfolio management in a dynamic market environment.

Portfolio Performance

Kacholia's portfolio value increased by an impressive 12% in the June quarter, rising to Rs 2,774.00 crore from Rs 2,478.00 crore in March. This growth is particularly noteworthy given that it was achieved while simultaneously reducing the number of stocks in his portfolio from the previous quarter.

Strategic Exits and Reductions

The star investor made several strategic moves during the quarter:

• Exited or reduced stakes in seven companies
• Notable exits include Yasho Industries, Jyoti Structures, Advait Infratech, NIIT Learning Systems, Awfis Space Solutions, and Universal Autofoundry
• The estimated value of these reductions amounts to approximately Rs 111.00 crore

New Additions and Increased Stakes

Kacholia also made calculated additions to his portfolio:

• Added Gujarat Apollo Industries to his portfolio, acquiring 1.25 lakh shares worth Rs 4.80 crore
• Increased stakes in Agarwal Industrial Corporation, Tanfac Industries, and Aeroflex Industries
• These additions contributed Rs 38.78 crore to his portfolio value

Top Holdings

Kacholia's top holdings as of the June quarter include:

Additional Investments

The investor has also shown interest in upcoming market opportunities:

• Invested Rs 12.20 crore in Shree Refrigerations' pre-IPO round
• Committed Rs 50.00 crore to Sri Lotus Developers, set for November 2024

This portfolio update reflects Ashish Kacholia's active management style and his ability to identify potential growth opportunities in the market. The significant increase in portfolio value, despite a reduction in the number of stocks, underscores the effectiveness of his investment strategy in the current market conditions.