Recent updates from Ashish Kacholia’s portfolio show a few buys and more sells, reflecting his continued cautious selling from the previous quarter. He made one major buy, acquiring a 7.9% stake in Texel Industries, a plastic products company, with shares valued at Rs 8.8 crore. This SME stock has surged by 51.2% over the past quarter, outperforming its industry by 37.9 percentage points.
Kacholia adds a new stock, Texel Industries, to his portfolio
The ace investor increased his stake in Xpro India, a packaging company, by 0.5%, now holding 4.1%.Kacholia’s other new Q3 changes have been sells. He reduced his stake in Universal Autofoundry, an SME auto parts manufacturer, by 4.7%, bringing his holding to 3.6%. He had maintained an 8.3% stake since Q4FY24. The company has fallen by 58.4% over the past year, underperforming its industry by 66.2 percentage points.
He also trimmed his stake in internet software company E2E Networks to below 1%. He bought a 1.1% stake in the company during the September quarter. E2E Networks has declined by 11% over the past quarter, underperforming its industry by 8.1 percentage points.
Additionally, he reduced his holdings in Jyoti Structures, Shaily Engineering Plastics, and Basilic Fly Studio, cutting his stakes by 0.5%, 0.6%, and 0.8%, respectively. All three companies are listed in a screener of stocks with expensive valuations. With these changes, Kacholia’s portfolio now has 41 stocks with a net worth exceeding Rs 2,600 crore.
Porinju Veliyath adds an auto parts manufacturer to his portfolio, reduces stakes in four stocks
Porinju Veliyath added a 1% stake in Sundaram Brake Lining, an auto parts manufacturer, to his portfolio in Q3FY25. This SME company has surged by 73% over the past year, outperforming its industry by over 65 percentage points. The company ranks well on the Trendlyne checklist, scoring 56.5%. Veliyath also increased his stake in Aurum Proptech, an IT consulting firm, by 0.5%, bringing his holding to 5.9%.
Porinju pares stakes in Centum and Apollo Sindoori to below 1%
During the December quarter, Porinju reduced his stake in Centum Electronics, an electronic products manufacturer, to below 1%. He had held a 1% stake in the company since Q1FY24. The company has a negative price-to-earnings (PE) ratio and is classified by Trendlyne as an Expensive Performer. Over the past year, Centum Electronics has risen by 10.2% but underperformed its industry by 92.8 percentage points.
The investor also cut his stake in Apollo Sindoori Hotels, a hotel company, to below 1%. He had acquired a 1.4% stake during the September quarter. The stock is currently trading in the strong sell zone, indicating it is significantly above its historical PE.
Porinju reduced his holdings in AeonX Digital Technology and Ansal Buildwell by 0.4% each. He now holds 2.6% in the consulting services firm and 2.7% in the realty company. Over the past year, these companies have fallen by 3.5% and 2.8% respectively.
