# Ashish Kacholia's portfolio stocks surge up to 180% in 2026 Four multibaggers and one new addition highlight investor's Q2 performance - **Source:** [Economic Times](https://brifing.si/source/37791137-c35a-4ffe-b6a9-fe103afc9e48) - **Published:** 2026-09-19 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/205bdcca-a6d2-4b1a-8d43-85b6989d1f36 ## Portfolio overview Ashish Kacholia disclosed stakes in 33 companies exceeding 1% ownership as of June 2026 quarter. His total portfolio value grew 19% from Rs 2,602 crore in December 2025 to Rs 3,102 crore by September 2026. The analysis excludes positions below 1% threshold, potentially omitting parts of his complete investment strategy. Fifteen stocks delivered over 25% returns year-to-date, with ten gaining between 40-180% and four becoming multibaggers. ## Top performer details The highest-performing stock in Kacholia's portfolio surged 181% from Rs 1,424 to Rs 4,002 in CY26, with his 2.08% stake valued at Rs 100 crore. Another stock gained 165% from Rs 193 to Rs 511, where his 2.27% stake equals Rs 154 crore. These positions demonstrate Kacholia's ability to identify high-growth opportunities in the Indian equity market, particularly in mid-cap segments where such dramatic appreciation occurs. ## New portfolio addition Asian Energy Services entered Kacholia's portfolio in Q2 2026 with a 1.18% stake worth Rs 28 crore. The stock has already gained 74% year-to-date, rising from Rs 283 to Rs 492. This addition suggests Kacholia's continued focus on energy sector opportunities, though his relatively small position size indicates either limited conviction or early-stage accumulation in this particular company. ## Multibagger composition Four stocks in the portfolio more than doubled investors' money, becoming multibaggers. One climbed 121% from Rs 386 to Rs 852 with Kacholia holding 3.04% (Rs 194 crore). Another gained 131% from Rs 25 to Rs 57 with 2.06% ownership (Rs 137 crore). These concentrated positions demonstrate how select high-conviction bets can disproportionately impact overall portfolio performance. ## Mid-tier performers Several stocks delivered solid 40-60% returns. One rose 56% from Rs 339 to Rs 529 (1.91% stake worth Rs 40 crore), while another gained 54% from Rs 1,877 to Rs 2,887 (2.89% stake worth Rs 204 crore). A third advanced 66% from Rs 2,120 to Rs 3,526 (1.61% stake worth Rs 120 crore). These mid-range performers contribute to portfolio stability between high-flyers and laggards. ## Large-cap exposure Kacholia maintains significant positions in larger companies, including one where his 5.2% stake equals Rs 754 crore after a 39% gain from Rs 2,262 to Rs 3,149. Another large holding shows 45% appreciation from Rs 572 to Rs 829 with 1.74% ownership (Rs 48 crore). These positions provide portfolio balance and liquidity compared to smaller, more volatile holdings. ## Portfolio construction Kacholia's portfolio shows strategic position sizing with stakes ranging from 1.18% to 5.2%. The distribution includes high-growth small/mid-caps alongside stable large-cap positions. His approach combines concentrated bets (3-5% stakes) in select companies with smaller positions in emerging opportunities, creating a balanced risk-reward profile across market capitalizations. ## Investor implications Kacholia's Q2 2026 portfolio demonstrates the potential of disciplined stock selection in India's growth markets. While past performance doesn't guarantee future results, the 19% overall portfolio growth and multiple multibaggers validate his investment framework. Retail investors should note his sector allocations and position-sizing strategies rather than blindly following specific stock picks. ## Sources covering this story - https://economictimes.indiatimes.com/markets/stocks/news/ashish-kacholias-portfolio-10-stocks-rally-up-to-180-in-cy26-4-turn-multibaggers-1-new-q1-bet/slideshow/134349307.cms — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._