Ashish Kacholia Portfolio: Multibagger Specialty Chemicals stock hits record high

Fineotex Chemicals is a publicly listed multinational company manufacturing textile chemicals and accessories since 1979 in India and Malaysia. multibagger stock Has jumped over 200% in a span of one year. specialty chemical stock So far in 2022 (Year-to-date or YTD) has jumped over 135%.

Fineotex Group is one of the leading manufacturers of chemicals for the textile, construction, water treatment, fertilizer, leather and paint industries. Fineotex manufactures and provides a complete range of products for the Pretreatment Process, Dyeing Process, Printing Process and Finishing Process for Textile Processing to customers around the world.

Fineotex Group was founded in 1979 by Surendra Tibrewala. FCL was incorporated in 2007 as a Public Limited Company. The company was listed on the Bombay Stock Exchange in March 2011 and on the National Stock Exchange in January 2015.

For the first quarter ended June 2022 or Q1FY23, Fineotex Chemicals consolidated net profit up 110% 20 crore, while its revenue saw an increase of 115% 136 crores from the same quarter last year.

Indian veteran investors and stock market traders Ashish Kacholia It owns 21,42,534 equity shares or 1.93% stake in the specialty chemical maker as of June 2022, the BSE shareholding pattern showed.

Kacholia has a diversified portfolio that includes hospitality, education, infrastructure, manufacturing and chemical stocks. The marquee investor, whose portfolio is widely tracked by the stock market participants, is known for his ability to pick quality stocks in the midcap and smallcap segments. Ashish Kacholia has a total of 38 shares in public whose net worth is high 1,919 crores as per Trendline.

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