Latest news with #AshishKacholia-owned
Mint
11 hours ago
- Business
- Mint
Ashish Kacholia portfolio stock Aeroflex Industries rises over 20% in three straight sessions
Aeroflex Industries share price: Small-cap stock Aeroflex Industries, also part of ace investor Ashish Kacholia's portfolio, has been on a steady rise over the past three trading sessions, adding over 22% during this period. The action in Aeroflex Industries shares has been driven by high volumes and a strong technical setup. On the National Stock Exchange, the trading volume in the stock was at 7.52 crore. This was much higher than the average volume in lakhs that the stock generally witnesses. On the BSE today, the total traded quantity for Aeroflex Industries was 752.73 lakh shares as against the two-week average of 6.97 lakh shares. The stock is also among Ashish Kacholia's portfolio holdings, wherein he has a 1.92% stake as of the March 2025 data. Aeroflex Industries stock ended 6% higher on the NSE today, June 20, at ₹ 206.57 apiece. For the year, Ashish Kacholia-owned small-cap stock is up 34%. However, it has seen a volatile trend on a monthly basis. Aeroflex Industries stock, though up 25% in June, had lost 6% in May after a 3% rise in April. Before that, the scrip had declined marginally by 0.92% in March but a whopping 29% in February. In the first month of the year, the stock climbed 20%. The company posted a decent performance for the March 2025 quarter, recording a 16% year-on-year (YoY) growth in total income to ₹ 92 crore while its profit for the period grew 12% YoY to ₹ 11 crore. On the operating front, earnings before interest, tax, depreciation and amortisation (EBITDA) grew 21% to ₹ 19 crore, with EBITDA margin at 20.71%. For the full financial year, the company posted an 18% YoY growth in income and a 26% rise in profit to ₹ 379 crore and ₹ 53 crore, respectively. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
08-05-2025
- Business
- Mint
Ashish Kacholia portfolio stock Zaggle Prepaid jumps 7% after THIS order book update
Stock market today: Ashish Kacholia-owned stock Zaggle Prepaid surged over 7% in Thursday's trading session (May 8) following an agreement with Grant Thornton Bharat LLP. Zaggle Prepaid, in an exchange filing today, said, 'Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that Zaggle Prepaid Ocean Services Limited (Zaggle), has entered into an agreement with Grant Thornton Bharat LLP (Grant Thornton).' Zaggle, a SaaS provider which builds financial solutions and products to manage the business expenses of corporates, has entered into a channel partner agreement with Grant Thornton for a period of three years. As part of the agreement, Grant Thornton will offer the Zaggle Spend Management platform to its corporate clients and large enterprises. The company had won another contract last month from Aster DM Healthcare. 'Zaggle Prepaid Ocean Services Limited (Zaggle), has entered into an agreement with Aster DM Healthcare Limited,' the small-cap company said in a filing on April 30, 2025. As part of this one-year agreement, Zaggle would provide Aster DM Healthcare with the Zaggle Save (Employee expense management & benefits). The stock is part of ace investor Ashish Kacholia's portfolio. As of the March 2025 quarter, Kacholia holds 30,03,356 shares of Zaggle, amounting to a 2.24% stake. Following the order update, Zaggle Prepaid shares witnessed strong buying action, rising over 7% in intra-day deals. The small-cap stock opened the trade at ₹ 330.55, slightly higher than its previous closing price of ₹ 324.85. Thereafter, Zaggle stock extended gains to hit the day's high of ₹ 349.00 on the BSE, gaining as much as 7.43% over its last close. So far this year, Zaggle stock has fared poorly amid volatile Indian stock market conditions. It has lost 36.76% on a year-to-date (YTD) basis. However, in the last one year, the small-cap stock, part of Ashish Kacholia's portfolio, has risen 17%, according to data available on the BSE. As of 10.35 am, Zaggle Prepaid shares traded 6.20% higher at ₹ 345 apiece. The company's board is slated to meet next week on Monday, May 12, to consider and approve the financial results for the March 2025 quarter. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
