September 21, 2024

Who is Ashish Kacholia Ace Investor Famous For Identifying Best Multibagger Stocks; Picking the best multibagger stocks requires a keen eye; Who is Market Guru Ashish Kacholia?


Mumbai : No one can tell when someone’s luck will take a turn in the stock market and that person will become rich. Almost everyone is attracted to invest in the stock market. It is the dream of most of us to make huge profits by investing in the stock market. There are many great investors like Warren Buffet, Rakesh Jhunjhunwala, who have become household names as market gurus, while there are many more investors in Dalal Street who have climbed the ladder of success and come into limelight due to their expertise. The late legendary investor Rakesh Jhunjhunwala is known to all, but Have you heard of the famous investor Ashish Kacholia who co-founded Hungama Digital with Rakesh Jhunjhunwala in 1999 and started his own company Lucky Securities in 2003.

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Wealth of Ashish Kacholia
Ashish Kacholia, popularly known as the “Big Whale of Dalal Street”, has a net worth of around Rs 2,036 crore and owns 42 publicly traded stocks, according to information available in stock market exchange filings. The renowned investor has invested in various equities including companies in the hotel, education, infrastructure and industrial sectors.

Who is Ashish Kacholia?
Although little is known about Ashish’s educational profile, online reports suggest that he holds a Bachelor of Science in Manufacturing Engineering and a Masters in Business Administration from Jamnalal Bajaj Institute of Business Studies (JBIMS). He began his career at Prime Securities and gained experience working at Edelweiss Capital before starting Lucky Securities. Kacholia started out as a small investor and mainly invested his savings in stocks, but over time, he kept a keen eye on finding promising businesses with significant room for expansion.

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Followers of Warren Buffet
Ashish Kacholia is said to be an ardent follower of legendary global investor Warren Buffett. According to Kacholia, the most important factor to consider while investing is the company’s management, as their ability to effectively execute the plan can make or break the success of the business. If businesses can adapt to changing market trends and consumer preferences, they are more likely to thrive in the long run, he believes.

A ‘hawk’s eye’ in identifying multibagger stocks
Kacholia is known for his skills in identifying multibagger stocks and is also an investment guru for many newbies, who like him want to know the future of the stock market. Kacholia is known for identifying the best multibagger stocks and Ajanta Pharma in 2023, Mastech Ltd in 2016 are some of the prominent stocks. Market participants watch carefully if Kacholia adds any shares to the portfolio or changes stakes in the company. Other notable investments he has made include Polycab India, Majesco, KPIT Technologies and Atul Auto.



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