Ashish Kacholia trims stake in smallcap Xpro India by 42 bps to 3.91% in Q2
Ashish Kacholia trimmed his stake in smallcap stock Xpro India by 42 bps during the September 2023 quarter, taking his holding in the company to 3.91%.
Kacholia held a 4.33% stake in the company at the end of the June quarter.
According to a July 9 filing on BSE, Kacholia trimmed his equity stake by 52 bps to 3.81% but later added 10 bps to bring it to 3.91% at the end of the September quarter.
Xpro India is a diversified multi-divisional company with business interests in polymer processing.
The company has a presence in West Bengal, Uttar Pradesh and Maharashtra according to the information present on its website.
Shareholding of individual investors is reflected in the ‘Shareholding Pattern’ of BSE-listed companies on reaching 1% stake or above in the company.
A price movement analysis of the stock suggests that its return in the last one month has been around 6% while on a 1-year and year-to-date (YTD) basis, it stands at 44% and YTD, respectively.
Kacholia, fondly called the ‘Big Whale’, publicly holds 46 stocks with a net worth of over Rs 2,779.5 crore according to Trendlyne.
Apart from Xpro, the celebrity investor also reduced his stakes in Safari Industries and SJS Enterprises in the September ended quarter.
In the former, his stake was down to 2.1% from 2.29% in the April-June quarter while in the latter, Kacholia reduced his holding to 3.23% in the September quarter from 4.34% in the June quarter.
Meanwhile, Kacholia increased his stake to 5.4% in Faze Three in the quarter ended September 30 from 5.23% at the end of the June
