Ace Investor Renowned investor Ashish Kacholia purchased a 3.6% stake in this small-cap stock; do you hold it?

This stock is involved in the business of printing and publication. 

Ashish Kacholia is among the top investor in India. As of August 8, Ashish has a net worth of Rs 1784 crore. He holds 38 stocks in his portfolio. Ashish also had opened his broking firm named Lucky securities back in 1995. 

He also co-founded Hungama Digital Media Ltd, an entertainment company in 1999 along with the big bull of India, Rakesh Jhunjhunwala. However, since 2003, Ashish is full time focused on building his portfolio. 

Kacholia is known for identifying and long-term holding undiscovered gems in the small-to-midcap category that have the potential to deliver multibagger returns for their shareholders. 

NIIT Ltd, Birlasoft, Apollo Tricoat, Apollo Tubes Ltd, and Vaibhav Global are a few of the stocks which Ashish had invested in early on before these stocks delivered multibagger returns to their shareholders.  

Kacholia has added three new stocks to his portfolio, according to June quarterly filings. One of which is Repro India Limited. He has purchased a 3.6% stake in the company which is worth Rs 18.9 crore. He holds 457,962 quantity of equity shares of the company. 

Repro India Ltd belongs to the S&P BSE Small-cap index and has a market capitalisation of Rs 559 crore. Repro India is involved in the business of physical book distribution, print on­ demand, offset printing, and digital services. 

Talking about financials, the company has reported a net loss for the last 8 quarters straight. For FY22, the company’s revenue stood at Rs 287 crore and operating profit of Rs 13 crore with a 5% operating margin. However, the net loss was recorded at Rs 23 crore. One thing to highlight about the company is that it has negative 10-year CAGR growth of -2%.  

The stock is among the top gainer on August 8. At 11:10 am, the stock is trading at Rs 456 with 8.96% gain for the day.