This investor earned Rs 25 crore in 90 days through one share; All the details | spcilvly

Ashish Kacholia is one of the most successful investors in India with an estimated net worth of more than $2000 crores. In a recent stock market victory, he supposedly won $25 crores in just three months through small cap stocks. Over the past three years, this stock has seen an increase of 134.71 percent over the past six months. The stock is up 232 percent in 2023.

BSE Building Mumbai.  (Archive)
BSE Building Mumbai. (Archive)

The name of the company is Balu Forge. Kacholia bought a 2.16 per cent stake (21,65,500 shares) in the company in $115.45. The share price is now $230.45. With this, he has done about $25 crores in just three months.

The value of his bets has now reached Rs 49.9 crore, ET Now reported. The company was founded in Belgaum in 1990. It produces crankshafts for vehicles.

Meanwhile, the investor also made a big profit on another stock. He bought a share for $498 which is now listed at $3,850 a piece: a 700 percent return. The name of the shares he bought more than three and a half years ago is Bharat Bijlee.

Since last year, the share price has increased by $2400 to $3,850 a piece: a 60 percent return for its shareholders. In the last two years, the stock has risen $1335 a $3850 per share.

Kacholia owns 1,01,350 shares in the company.

In May, Mint reported that his net worth was $1947 crores.

According to Trendlyne.com, as of September 30, 2023, he owned 36 stocks with a net worth of more $2382.2 million rupees.

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