Ashish Kacholia buys into 3 stocks with market cap of less than Rs 2,000 crore in Q1
Kshitij Anand Moneycontrol
Media-shy investor Ashish Kacholia, who is known for picking mid-cap and small-cap stocks early, picked up over 1 percent stake in three stocks during the June quarter -- Majesco, NIIT, and V2 Retail.
Both small-cap and mid-cap stocks have trailed large-cap ones so far this year and value investors like Kacholia look for stocks that are now available at attractive valuations after having corrected.
Interestingly, all three stocks that Kacholia added to his portfolio have a market capitalisation of less than Rs 2,000 crore, according to data on BSE's website, and have fallen by up to 20 percent this year.