Ashish Kacholia stock gives multibagger returns in 2021. Should you buy now?

Ashish Kacholia is known to buy low cost stocks that beat the benchmark index returns. Shares of Gateway Distriparks is one of them Ashish Kacholia Portfolio stock. It is also one of the multibagger stocks in 2021 as it has given more than 140 per cent year-on-year return to its shareholders. But, market experts are still bullish on the counter and have advised investors to maintain a ‘buy on dips’ strategy in this stock of Ashish Kacholia as it may see some profit-booking in the next few trading sessions.

Ashish Kacholia share price history

This multibagger stock has jumped in the last one month from 261.55 291 levels, a jump of about 12 per cent over the period. Over the past six months, the Aashiq Kacholia portfolio has grown from stock from 257.10 291 points, registering an increase of about 14 per cent over the period. However, in year-over-year times, the stock has delivered multibagger returns to its shareholders as it has risen. from 121.20 291 level in 2021.

According to stock market experts, there may be some profit-booking in the share price of Ashish Kacholia and hence one can maintain a ‘buy on dips’ strategy in this counter.

advising investors to buy this stock on a downside; Sumeet Bagadiya, Executive Director, Choice Broking said, “Anybody can buy this multibagger stock. 280 level for immediate short term target of For the immediate short term target of 280 from 320 maintain stop loss at 330 260 levels.”

Ashish Kacholia’s stake in Gateway Distriparks

Shares of Gateway Distriparks is one of Ashish Kacholia’s 10 new portfolio stocks. As per the shareholding pattern of Gateway Distriparks for the recently ended September 2021 quarter, Ashish Kacholia holds 19,17,606 shares, which is 1.54 per cent of the total paid-up capital 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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