Dalal Street's 'Big Whale' Kacholia adds this jewellery stock to his portfolio in Q3
Summary
Ace investor Ashish Kacholia has picked up a 1% stake in smallcap companyduring the quarter ended December 2022. Kacholia is now the third big investor to have picked a stake in the studded jewellery maker.Other two market veterans -- Ramesh Damani and Mukul Mahavir Agrawal -- are already among its key public shareholders. As on December 31, Damani held a 1.58% stake in the company, while Agrawal owned a 2.75% stake.Until the September quarter, Kacholias name wasnt visible in the shareholding pattern of the company. According to Sebi regulations, companies are required to disclose names of investors holding a 1% stake or more in the company.Shares of the silver, platinum and diamond-studded jewellery maker have given good returns to investors in the last quarter. He co-founded Hungama Digital with the late Rakesh Jhunjhunwala in 1999.As per the latest corporate shareholdings filed, Kacholia publicly holds 43 stocks with a net worth of over Rs 1,877 crore, Trendlyne showed.Apart from Goldiam International, he has invested in many less popular smallcap names such as, among others.Kacholias biggest holding stocks are Xpro India,, Garware Hi-Tech Films,, and CHD Developers, as he owns over 4-6% stake in them.Goldiam International is the second stock within the jewellery space added by Kacholia.