Ashish Kacholia Portfolio: Veteran investor buys stake in this microcap pharma stock

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Shares of Sanjivani Paranteral Ltd. climbed 10% to hit a day’s high of ₹185.45 on Friday after Dalal Street’s ‘Big Whale’ Ashish Kacholia picked up a small stake in a pharmaceutical company during the fourth quarter. The stock has gained more than 21% in the last two trading sessions.

The ace investor has added Sanjivani Paranteral into his kitty with purchase of a 3.17% stake, equivalent to 3.70 lakh equity shares, during the January to March period.

Currently, the holding value of his investment stands at ₹6.70 crore.

According to the latest shareholding pattern available with the exchanges, promoters of Sanjivani Paranteral own a stake of 27.67%, while public shareholders own the remaining 62.12%.

Shareholding of individual investors is reflected in the ‘Shareholding Pattern’ of BSE listed companies on reaching 1% stake or above.

Shares of Sanjivani Paranteral have delivered multibagger returns to investors in the last one-year period, rising as much as 300%. This is significantly higher than the 21% returns given by Sensex in the same period.

Ashish Kacholia publicly holds 48 stocks with a net worth of over ₹2,930 crore at present, suggested stock data and analysis website Trendlyne.com.  Some of the stocks that are part of his equity portfolio include Safari Industries, Universal Autofoundry, Balu Forge Industries, Raghav Productivity Enhancers, Shaily Engineering Plastics, among others.

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow