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Did this Ashish Kacholia-backed multibagger stock really crash 81% in one day? Here’s how the bonus math works
V Marc India shares adjusted for a 5:1 bonus issue on Tuesday. The stock appeared to drop significantly due to this adjustment. In reality, the share price saw a notable increase after accounting for the bonus shares. This bonus issue marks the company's first distribution of free shares. Ace investor Ashish Kacholia holds a substantial stake in the cable maker.
Madhusudan Kela picks beaten-down smallcap bets; buys Indiabulls, Simplex Infra in Q4
Ace investor Madhusudan Kela has bought stakes in Indiabulls Limited and Simplex Infrastructures Limited. These companies have seen recent underperformance. Kela's move signals a contrarian investment strategy. His portfolio includes other companies like Kopran and Bombay Dyeing. This selective accumulation in beaten-down stocks is a key highlight.
Chris Wood picks IndiGo, Adani Power in India portfolio reshuffle
Jeffries' Christopher Wood has reshuffled his India portfolio, adding Adani Power and InterGlobe Aviation (IndiGo) while exiting Home First Finance and Le Travenues Technology (Ixigo). The ace investor remains overweight on India, citing reforms, strong domestic flows and long-term structural opportunity.