The Investor Who Created a Portfolio Of Rs 800 Crore

Ashish Kacholia, who runs Lucky Investment Managers, is also a money manager to select wealthy clients.

Published
Business
1 min read
Ashish Kacholia is also a money manager to select wealthy clients.
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Small- and mid-cap stock picker Ashish Kacholia holds shares worth Rs 800 crore in a host of companies, about a quarter of which is invested in steel pipe maker APL Apollo Tubes Ltd. and chemicals company Nocil.

His other key holdings as of September-end include granite producer Pokarna Ltd., power cable maker KEI Industries Ltd., clothing manufacturer SP Apparels Ltd., dairy products maker Parag Milk Foods Ltd. and chemicals producer GHCL Ltd., according to data compiled from Bloomberg.

The Investor Who Created a Portfolio Of Rs 800 Crore

Kacholia, who runs Lucky Investment Managers – incorporated in 1995 after his stints with a few stockbroking firms – is also a money manager to select wealthy clients.

He recently bought shares in Bodal Chemicals Ltd., KPIT Tech Ltd., Vadilal Industries Ltd. and increased stake in existing holdings like APL Apollo Tubes, GTPL Hathway and KEI Industries, according to Bloomberg data. Exchange filings show he reduced stakes in Shreyas Shipping, Genus Power and Majesco.

The Investor Who Created a Portfolio Of Rs 800 Crore

(This article was originally published in BloomberQuint.)

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