Ashish Kacholia buys stake in these 2 smallcap multibaggers in September quarter

Ace investor Ashish Kacholia has added stake in 2 smallcap stocks – Fineotex and La Opala in the quarter ended September.

According to the latest shareholding pattern of Fineotex, the investor held 29,24,072 shares or 2.64% stake in the speciality chemical company. The investor held 1.93% stake in June quarter. The stock is a multibagger with 1-year return at 213%. In Friday’s session, Fineotex ended lower by over 2% at Rs 382.2 per share.

In La Opala, the investor held 17,67,433 shares or 1.59% stake, as per the latest shareholding pattern. In the June quarter, he held 1.42% stake. This stock is a multibagger with a 3-year return at 126%. La Opala on Friday ended with a cut of over 1.5% at Rs 396.2 per share.

Ashish Kacholia, in accordance with the latest filings made, holds 39 stocks with an estimated net worth of over Rs 1,758.5 crore. The other stocks where he has increased stakes in the September quarter include Xpro India, Shankar Building and Megastar Foods.

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