Ace investor Ashish Kacholia buys 5% stake in this multibagger stock, up over 130% in 1 year

According to Trendline data, noted investor Ashish Kacholia bought 5.00% stake in the company, He bought 720,000 shares of the firm in Q4, and his holding is worth 15.00 cr.

Apart from DU Digital Global, Ashish Kacholia has also bought fresh 133,053 shares or 1.1% stake worth Rs. 18.7 crore in Aditya Vision, at a value of new 308,000 shares or 4.2% stake 14.3 crore in Inflame Appliances, and fresh 1,228,070 shares or 5.4% stake at a value of Rs. 27 Cr Virtuoso Optoelectronics during the quarter ending March 2023. Ashish Kacholia publicly owns 42 stocks which has a net worth of around Rs. 1,947.1 crore, as per the recently declared corporate shareholding.

DuDigital Global shares closed today on NSE Up 4.00% from previous close of 208 200. Share price increased by 69.45 at the current market price during the last five years, resulting in multibagger returns of 246.67%. share price climbed 89.40 to the current market price during the last year, resulting in multibagger returns of 133.71%.

Commenting on the stock outlook, AR Ramachandran, Co-Founder & Trainer-Tips2trades said, “DU Digital Technology stock price has been sideways to bearish with strong resistance at 212 on the daily chart. Fundamentally, even though the previous While the revenue growth in the quarter was very good, rising costs have ensured margin erosion which does not bode well for the stock going forward. A possible downside break till 162 support is possible in the coming weeks.”