This printing and publication firm stock surges 15% as Ashish Kacholia picks 3.6% stake; Vijay Kedia holds over 9 lakh shares too

view original post

Shares of this printing and publication firm surged nearly 15% intraday on Thursday after celebrity investor Ashish Kacholia added this stock to his portfolio in the quarter ending June ’22. Shares of Repro India, a provider of print, content and fulfillment solutions, rose by 14.69% or Rs 55.25 to Rs 431.30 a share on the BSE.  

Fondly called ‘Big Whale’ of the Indian market by the media, the ace investor bought 4,57,962 shares or 3.60% stake in the printing and publication company in April-June quarter, showed shareholding pattern of Repro India on the BSE.   

Interestingly, celebrity investor Vijay Kedia too holds a stake in the company. As per corporate filings of Repro India, Kedia has 7.09% stake, amounting to 9,01,491 shares of Repro India in the June quarter.  

As per the latest corporate filings, Ashish Kacholia has 38 stocks in his portfolio in the recently concluded quarter. His diverse portfolio includes shares from hospitality, education, infra and manufacturing sectors largely. The net worth of these stocks has been pegged at a little over Rs 1,762.5 crore by stock analysis platform trendlyne.com.  

Looking at the share price history, Repro India has given. around 20% return in the past one year as on July 21. The counter clocked a 52-week high of Rs 660 on September 7 last year after touching one-year low value of Rs 345.35 per share in July the same year.  

At 9.50 am, shares of Repro India were trading higher by Rs 46.15 (12.27%) to Rs 422.20 

Repro India is a provider of print, content and fulfillment solutions based in India with plants in Surat, Navi Mumbai, Bhiwandi, and Chennai. Repro produces millions of books every year for publishers in India as well as across the globe. Repro India is listed on the Bombay Stock Exchange and the National Stock Exchange of India.