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Ashish Kacholia Portfolio: Stock market veteran investor Ashish Kacholia has bought 2 per cent shares of Likhitha Infrastructure from the open market, after which the stock has seen a bumper jump of 22 per cent. In Thursday’s trading session also, the stock of Likhitha Infrastructure saw a jump of 5 percent and the stock has made a new high of Rs 494.30.
Ashish Kacholia has bought 3,97,000 shares of construction sector company Likhitha Infrastructure at a price of Rs 386 in a block deal on November 30, 2022, which is 2.01 percent of the total equity. In the last six months, there has been a jump of 70 percent in Likhitha infrastructure. After touching the level of Rs 496, the scrip of Likhitha Infrastructure closed at Rs 464.85, down 1.04 per cent. The market cap of the company is Rs 916 crore and the book value of the stock is Rs 97.39. In the last 2 years, there has been a jump of 200 percent in the stock.
Earlier, the board of the company has decided to split the shares on September 26, 2022 to increase the base of shareholders. The company has fixed December 2, 2022 as the record date for determining the eligible investors for the stock split. At present, the share of Likhitha Infrastructure is of face value of Rs.10, which will be of face value of Rs.5 after dividing the share into two parts. Likhitha Infrastructure is a company providing Oil & Gas Pipeline Infrastructure Services.
Let us tell you that Ashish Kacholia has stocks of 40 companies publicly, whose value is around Rs 1834 crore. Which includes Shaily Engineering, PCBL, Safari Industries, Ami Organics, NIIT Ltd.
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