Ashish Kacholia Portfolio Chemical Stock Hits Lifetime High; Here’s Why

Shares of Fineotex Chemical Limited, a company invested by Ace investor Ashish Kacholia, registered a bumper rise on Friday and reached the level of Rs 445.40. In the last 5 days, the stock of Fineotex Chemical has given a return of 10 per cent to the investors, while in the last one month, it has given a return of 31 per cent from the low of Rs 335.

Shares of Fineotex Chemical have given a return of 54 per cent to investors in the last 6 months from the level of Rs 286. Shares of Fineotex Chemical were at a low of Rs 215 on March 27, 2023, from where investors' capital has increased by 105 per cent.

Fineotex Chemical Limited is a company with a market cap of Rs 4870 crore whose shares have a 52-week low of Rs 203 and a 52-week high of Rs 449.95.

Veteran stock market investor Ashish Kacholia has a 2.8 per cent stake in Fineotex Chemical Limited. Ashish Kacholia, considered the king of small-cap shares, holds 31.35 lakh shares of Fineotex Chemical Limited and his holding value is Rs 131 crore.

Fineotex Chemical Limited has informed the stock market that the Board of Directors of the company has approved the results of the third quarter of the current financial year in the meeting held on February 14. Along with this, approval has also been given to give an interim dividend of 60 per cent to the investors. Fineotex Chemical Limited is going to pay a dividend of Rs 1.20 per share for shares with a face value of Rs 2.