Ashish Kacholia buys stake in multibagger stock that has surged 6000% in 5 years
1 min read . Updated: 02 Sep 2022, 07:26 AM IST
Premium- Ashish Kacholia has added this multibagger agro stock in his portfolio buying 3.18 lakh shares of the company
Ashish Kacholia portfolio: Best Agrolife shares are one of the multibagger stocks that Indian stock market has produced in recent years. This agro stock has been in uptrend in post-Covid market rebound that began in 2020. In last five years, Best Agrolife share price has surged from around ₹16 to ₹1294 apiece levels on BSE, delivering near 8,000 per cent return to its shareholders in this period. Probably, such stellar return given by the stock has attracted ace investor Ashish Kacholia. As per the bulk deal details available on NSE, 'Big Whale' of the Indian stock market has bought stake in this multibagger agriculture stock.
Ashish Kacholia's bulk deal details
According to the data available on NSE, Ashish Kacholia has bought fresh stake in this multibagger stock. The market magnet has bought 3,18,000 Best Agrolife shares in a bulk deal executed on 30th August 2022. Ashish Kacholia bought these shares paying ₹940.88 apiece. Hence, ace investor has invested ₹29,91,99,840 in this multibagger agro stock.
Best Agrolife share price history
Multibagger agro stock hit 20 per cent upper circuit on Tuesday session after the news breakout of Ashish Kacholia buying stake in Best Agrolife. On Thursday, the agro stock continued the rally and shot up near 17 per cent. Best Agrolife shares have risen around 35 per cent in last one month whereas it has surged near 60 per cent in last one year. However, the stock has delivered stellar return on post-Covid market rebound that began in 2020. In last two and half years, Best Agrolife share price has surged from around ₹190 to ₹1294 apiece levels, delivering around 600 per cent return in this time. However, the stock has been giving whopping return to its shareholders for long. In last five years, this multibagger stock has risen from around ₹16 to ₹1294, giving near 8000 per cent return to its positional shareholders.
Current market cap of Best Agrolife is ₹3,090 crore and it is listed on both BSE and NSE. On Thursday, it ended with trade volume of 14,90,877, which is much higher than its 20 days average volume of 2,03,462. Its 52-week high on BSE is ₹1,399.70 whereas its 52-week low is ₹711.90 apiece.
