Stock Market update: Xpro India Ltd shares up by 5% as ace investor Ashish Kacholia raises stake in the company

Ashish Kacholia, an ace investor is known for his quality stocks in the midcaps and small caps sector.

Xpro India on Thursday released its shareholding pattern on the BSE for the third quarter i.e., October-December 2021 period. The data showed that Ashish Kacholia holds 3,41,316 shares or a 2.89% stake in the company as of December 2021, up from 2,97,216 shares or 2.52% stake in the previous quarter. The investor had picked up a stake in Xpro India in the July-September 2021 period.

Ashish Kacholia, an ace investor is known for his quality stocks in the midcaps and small caps sector. The share price of Xpro India Limited has increased significantly since Ashish Kacholia increased his stake in the company. Xpro India Ltd has seen a 5% surge in its share price and has increased by 51.75 points.

The share price hit at Rs 1.087.60 per equity share. Whereas, in September 2021, the share price was at Rs. 396.70 per unit which is comparatively very low. Since September, the company has witnessed a rise in its share price. Established in 1998, Xpro India Limited is a multi-divisional polymer processing industry and is spread across multiple locations. Xpro India is a part of Birla Group.

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