Ashish Kacholia adds this multibagger stock in his portfolio
Ashish Kacholia portfolio: After his April to June stock pick, Ador Welding shares falling flat in July to September 2021 quarter, ace investor Ashish Kacholia moved to logistics sector and bought fresh stake in Gateway Distriparks in Q2FY22. The market magnet has bought 1.54 per cent stake in the logistics company, which is a new addition in Ashish Kacholia portfolio. Gateway Distriparks stock has given multibagger return to its shareholders. It gave around 110 per cent return in 2021 and near 165 per cent return in last one year.
According to the shareholding pattern of Gateway Distriparks for July to September 2021 quarter, Ashish Kacholia holds 19,17,606 shares, which is around 1.54 per cent of the total issued paid up capital of the company. In shareholding pattern of the company for June 2021 quarter, Ashish Kacholia's name was missing that means the ace investor has bought these shares during July to September 2021 quarter.
Gateway Distriparks share price history
This Ashish Kacholia portfolio stock is one of the multibagger stocks in 2021. The logistics stocks have rise from ₹121.20 to ₹252.95 apiece (today at 1:15 PM on NSE) in 2021 — logging around 110 per cent rise in Year to Date (YTD) time. Likewise, in last one year, this Ashish Kacholia portfolio stock has jumped from ₹96 per share mark to ₹252.95 levels in last one year — yielding around 165 per cent return to its shareholders in this period.
In April to June 2021 quarter, Ashih Kacholia had added just one stock — Ador Welding in his portfolio. But, the stock failed to impress its shareholders in July to September 2021 quarter. In Q2FY22, Ador Welding share price surged from ₹674.55 (close price on 30th June 2021 on NSE) to ₹680.60 apiece (close price on 30th September 2021 on NSE) — rising just ₹6.05 per share in this period.