Smallcap zooms over 14% after Ashish Kacholia picks stake

Shares of Best Agrolife rallied up to 14.5 per cent on Thursday after ace investor Ashish Kacholia picked 13.8 lakh shares of the smallcap company. The stock rallied to the day's high of Rs 1,266.50.

Kacholia, known for picking multibagger stocks in the midcap and smallcap space, bought the stock of the pesticides and agrochemicals company at Rs 940.88 per share on Tuesday.

FPI investors in the stock include Resonance Opportunities Fund (8.9 per cent) and Nomura Singapore (1.5 per cent).


The stock is up nearly 29 per cent year-to-date (YTD) and has rallied over 880 per cent in the last 3 years.

As per the latest corporate shareholdings filed, Kacholia publicly holds 38 stocks with a net worth of over Rs 1,900 crore. Some of his largest holdings include Shaily Engineering, NIIT, Mastek, Safari Industries and Vishnu Chemicals.