Ashish Kacholia has added a new company to his portfolio in the December quarter while reducing stakes in four others, continuing his cautious selling trend from the previous quarter. He acquired a 3.8% stake in Aelea Commodities, a cashew processing & trading firm, with shares valued at Rs 23.4 crore. This SME company has surged by 69.9% over the past quarter, outperforming its industry by 90.9 percentage points.

Kacholia makes multiple portfolio changes in Q3FY25

Kacholia now publicly holds 41 stocks with a net worth of over Rs 2,848.7 crore. While Aelea Commodities was an addition to his portfolio in the December quarter, most other changes reported so far have been stake reductions.

The ace investor cut his stake in Awfis Space Solutions by 0.9%, and now holds 3.9%. Over the past year, the consumer services company’s share price has risen by 78.1%, outperforming its industry by 19.9 percentage points. Kacholia reduced his stake in the company for the third consecutive quarter. 

He also reduced his stake in Walchandnagar Industries, an industrial machinery maker, by 0.6%, bringing it down to 2.6%. Trendlyne classifies this stock as an Expensive Underperformer. Kacholia further adjusted holdings in key sectors, reducing them to below 1%.

The marquee investor also reduced his stake in industrial goods manufacturer Raghav Productivity Enhancers from 2% to below 1% in Q3FY25. The company is categorized in the Trendlyne PE Sell Zone, indicating it is trading above its historical price-to-earnings ratio.

In addition, Kacholia lowered his stake in Updater Services, a commercial services company, from 1.5% to below 1%. The company, however, ranks well on the Trendlyne checklist, with a 65.2% pass rate, and appears in a screener for affordable stocks with strong valuation scores. Additionally, he purchased a minor stake in Aeroflex Industries during the quarter.