Multibagger Stock: Now the veteran investor has increased stake in this stock giving bumper returns, has given 242% return in one year

Highlights

In the midst of volatility in the stock market, some stocks are giving multibagger returns.
In the last one year, the returns of Nifty and Sensex have been almost flat.
In the same period, some multibagger stocks have made investors swoon.

New Delhi. Volatility has prevailed in the Indian stock market for a long time. The market is hesitating a lot. In the year 2022, the BSE Sensex has fallen by about ten percent. Nifty has also fallen almost the same. At the same time, the returns of Nifty and Sensex have been flat in one year. Even in this fall, some stocks have given multibagger returns to investors. The share of Yasho Industries is also a multibagger stock. It has been making investors rich since last one year.

Veteran investor Ashish Kacholia Portfolio continues to see strength in this stock. This is the reason why Kacholia has increased its stake in this multibagger stock in the first quarter of the financial year 2023. However, today i.e. on Thursday, the shares of Yasho Industries fell by 4.65 percent and closed at Rs 1,501.21 on the BSE. The current market capitalization of the company is Rs 1.7 lakh crore. The multibagger stock’s 52-week high is Rs 2,099 and the 52-week low is Rs 421.

share history
The stock of Yasho Industries has been making investors proud for a long time. The stock has given 1,388 per cent multibagger returns to its investors in five years. The stock has jumped 242 per cent in one year. In the year 2022, so far this stock has given about 28 percent profit to the investors. In the last one month, this stock has gained 9 percent, then in five trading sessions this stock has gained 3.25 percent.

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Share of Ashish Kacholia
As per the shareholding pattern of Yasho Industries, Ashish Kacholia held 2,96,322 shares or 2.60 per cent stake in the company in the first quarter of the current financial year. In the previous quarter, the company had 2,91,231 shares or 2.55 per cent stake. In the first quarter, Ashish Kacholia has also increased his stake in the chemical stock Fineotex Chemical. As per the company’s shareholding pattern for the June quarter, Kacholia holds 21,42,534 shares or 1.93 per cent of the total paid-up capital of the company. In the March quarter, Kacholia held 20,42,534 shares or 1.84 per cent stake in the company.

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