Top guns like Ashish Kacholia, Rekha Jhunjhunwala strike gold with 14 multibagger stocks
investors — Ashish Kacholia, Rekha Jhunjhunwala, Dolly Khanna, Vijay Kedia and Mukul Agrawal — have hit the jackpot in 2024 with at least 14 of their stocks giving multibagger returns this calendar year.
Out of the five top guns of Dalal Street, at least 5 stocks of Kacholia have more than doubled wealth so far in 2024. Advait Infratech, in which the investor owned 2.67% stake at the end of the June quarter, is the biggest gainer in the pack with a massive return of 215% in 2024.
Kacholia's another smallcap pick Shaily Engineering Plastics is also a three-bagger. Other winning picks include Sky Gold, Balu Forge and Garware Hi-Tech.
Mukul Mahavir Agrawal's portfolio has at least 4 multibaggers of this year — ASM Tech, PTC Industries, Neuland Lab and Strides Pharma.
Neuland Lab is also owned by Vijay Kedia and is up 121% so far in the year. Kedia's other multibagger pick is Global Vectra in which he owned nearly 5% stake.
Rekha Jhunjhunwala's portfolio saw two stocks more than doubling wealth — Wockhardt and VA Tech Wabag while Dolly Khanna's 2024 multibaggers are Tinna Rubber and Nile.
What should investors do?
Cloning the portfolios of superstar investors is a popular strategy among retail investors but one should keep valuations and growth outlook in mind in the middle of a heady bull market.
Overall, largecaps have reasonable valuations while fund managers find mid and smallcaps expensive.
«The Indian market offers very little value across sectors and stocks, with parts of the market trading at fair
