Business

Top Stocks to Watch in 2024 Backed by Ace Investors

Top Stocks by Ace Investors 2024

Ace investors are revered for their remarkable foresight and ability to navigate the stock market successfully. One such renowned investor, Ashish Kacholia, has built a robust and diverse portfolio that includes industries like hospitality, education, infrastructure, chemicals, manufacturing, and technology. With publicly disclosed holdings in 42 stocks and a net worth of over ₹3,096 crores, his investment moves are closely followed by market enthusiasts and investors alike. Explore the top-performing stocks of 2024 handpicked by ace investors.

In this article, we delve into seven stocks where Ashish Kacholia has recently made strategic investments, offering valuable insights into why these stocks are worth monitoring. Unveil the best stocks of 2024 from ace investors. Check out the industries they trust and why these picks are trending.

Jyoti Structures Limited

Sector: Power Transmission & Infrastructure

Jyoti Structures Limited manufactures transmission line towers, sub-stations, and railway electrification structures. The company also offers EPC (Engineering, Procurement, and Construction) services such as foundation, erection, and testing of distribution networks and substations.

  • Market Capitalization: ₹2,576 Crores
  • Stock Price: ₹29.37 (down 2.84% from the previous close of ₹30.23)

Ashish Kacholia has acquired a 2.5% stake, amounting to approximately 2.2 crore equity shares, during Q2FY25. His entry into this stock underscores the potential of the growing power and infrastructure sectors.

Bharat Parenterals Limited

Sector: Pharmaceuticals

Bharat Parenterals Limited is a pharmaceutical company recognized for its high-quality pharmaceutical formulations and Ayurvedic products.

  • Market Capitalization: ₹1,174 Crores
  • Stock Price: ₹1,799.15 (up 3.34% from the previous close of ₹1,740.95)

Ashish Kacholia has purchased a 2% stake, equivalent to 1.29 lakh equity shares, signaling confidence in the company’s ability to capitalize on the expanding demand for healthcare solutions.

E2E Networks Limited

Sector: Cloud Computing and AI Infrastructure

E2E Networks provides high-performance cloud computing infrastructure specializing in AI and machine learning solutions.

  • Market Capitalization: ₹7,493 Crores
  • Stock Price: ₹4,437.90 (down 5% from the previous close of ₹4,671.45)

Kacholia has acquired a 1.1% stake, amounting to 1.77 lakh equity shares, reflecting optimism in the rapidly evolving cloud computing and AI industry.

Advait Infratech Limited

Sector: Power and Telecom Infrastructure

Advait Infratech delivers products and solutions for power transmission, sub-station projects, and telecommunication infrastructure.

  • Market Capitalization: ₹1,568 Crores
  • Stock Price: ₹1,451.80 (down 0.06% from the previous close of ₹1,452.65)

Kacholia’s investment includes a 2.7% stake, or 2.88 lakh equity shares, highlighting the company’s growth potential in India’s infrastructure development.

Radiowalla Network Limited

Sector: Digital Media and Radio Services

Radiowalla Network delivers in-store radio services and licensed music solutions for businesses, enhancing the customer experience.

  • Market Capitalization: ₹81 Crores
  • Stock Price: ₹114.50 (up 2.28% from the previous close of ₹111.95)

Kacholia has taken a significant 7.8% stake, amounting to 5.48 lakh equity shares, indicating faith in the niche but expanding the digital media sector.

Aimtron Electronics Limited

Sector: Electronics System Design and Manufacturing (ESDM)

Aimtron Electronics offers end-to-end solutions, from design to turnkey manufacturing of precision engineering electronic products.

  • Market Capitalization: ₹1,123 Crores
  • Stock Price: ₹550 (down 2.11% from the previous close of ₹561.85)

Kacholia has bought a 1.1% stake, equivalent to 2.26 lakh equity shares, aligning with India’s rising demand for precision engineering and electronic manufacturing.

TBI Corn Limited

Sector: Corn-Based Products

TBI Corn Limited manufactures and exports corn grits, maize products, and derivatives used in snacks, breweries, and bakeries.

  • Market Capitalization: ₹337.84 Crores
  • Stock Price: ₹186.05 (up 1.95% from the previous close of ₹182.50)

Kacholia has secured a 4.2% stake, amounting to 7.67 lakh equity shares, signaling confidence in the growth of India’s agro-processing industry.

Key Takeaways

Ashish Kacholia’s strategic investments focus on emerging sectors with high growth potential. His portfolio additions span various industries, from pharmaceuticals and power infrastructure to digital media and precision manufacturing. These stocks offer investors a glimpse into opportunities that align with India’s evolving economic landscape.

Note: Investors should conduct their due diligence and consult with financial advisors before making investment decisions.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Flex Mag Theme. Theme by MVP Themes, powered by Wordpress.

To Top