Ashish Kacholia Enters This Chemical Stock in Q4 FY22, Buys 20.42 Lakh Shares

  • Investing.com
  • Stock Market News
Ashish Kacholia Enters This Chemical Stock in Q4 FY22, Buys 20.42 Lakh Shares
Credit: © Reuters.

By Malvika Gurung

Investing.com -- As per the latest shareholding pattern released by the specialty chemicals company Fineotex Chemical (NS: FINE ), ace investor Ashish Kacholia has picked up a fresh stake in the company, for the quarter ending  March 31, 2022.

As per the latest regulatory filing, the investor has bought a 1.84% stake in the small-cap company or 20,42,534 equity shares in the last quarter of FY22. 

The marquee investor’s name was missing from the list of key shareholders at the end of Dec 31, 2021. Companies have to compulsorily release the names of all the shareholders holding at least a 1% stake in the company after every quarter.

As per an ET coverage, shares of the Mumbai-based chemicals stock have surged almost 30% in the quarter ended March 2022.

Shares of Fineotex Chemical rose 4% after a company filing in the morning session on Tuesday, then paring gains and were seen trading 0.26% lower at Rs 190.6 apiece at 2:10 pm.

Ace investor Ashish Kacholia publicly holds 35 stocks, with a net worth of Rs 2,098.4 crore, as per Trendlyne data.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100

Related Articles