Ashish Kacholia Portfolio: With Indian indices hitting higher levels, stock market experts have a piece of advice for retail investors. He has suggested ‘stock specific’ trading in the current market scenario as there are still a handful of quality stocks available at discounted prices and have a track record of delivering great returns to their shareholders. Experts point Apollo Pipes Share – Ashish Kacholia Portfolio Share to be one of the multibagger stocks in 2021. It has given over 300 per cent return to its shareholders in the last one year. Experts believe that the stock has been in an ‘uptrend’ and may continue to move further north.
Advising short-term investors to take advantage of the uptrend in Ashish Kacholia Portfolio Shares; Sumeet Bagadiya, Executive Director, Choice Broking said, “Apollo Pipes shares are bullish and may go up. ₹The level of 1700 per share surpassed its 52-week high in the immediate short term ₹1,619.80 each. can buy counters for the target of ₹from 1650 ₹Maintaining Stop Loss at 1700 ₹1425 per share level.”
for positional investors; Ravi Singhal, Vice Chairman, GCL Securities said, “Apollo Pipes may witness some profit-booking post trend reversal in its current uptrend. Hence, positional investors are advised to buy Apollo Pipes. ₹1450 per stock level for 3 to 6 months. the goal of ₹from 1670 ₹1740. However, the stop loss must be maintained ₹Taking this positional call in the portfolio stock of 1370 Ashish Kacholia.”
As per the share price history of Ashish Kacholia’s portfolio stock, the stock has gone through profit booking in the past one week. Otherwise, it remains a profitable stock for its shareholders throughout the year. This stock has given a return of about 15 percent to its shareholders in the last one month after rising from ₹1339.35 per stock level to ₹1535 per share mark (1:45 pm today). Similarly, the share price of Apollo Pipes has risen over the past six months. ₹894.10 per equity share to ₹1535 – Providing approximately 72 percent return to its shareholders. In year to year (YTD) terms, this stock has given 114% return to its shareholders. However, in the last one year, there has been a jump in this stock of Ashish Kacholia. ₹380 per piece ₹1535 – An increase of about 303 percent was recorded in this period.
Ashish Kacholia’s stake in Apollo Pipes
As per the shareholding pattern of Apollo Pipes for the quarter April to June 2021, Ashish Kacholia holds 4,68,969 shares of Apollo Pipes, which is approximately 3.58 per cent of the total shares of the company.
Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.
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