Ashish Kacholia increases stake in high-flying Indo SMC
The ace investor boosts holdings in one of this year's top-performing stocks.
1The investor behind the move
India's renowned 'Big Whale' investor Ashish Kacholia raised his stake in electrical infrastructure maker Indo SMC from 2.46% to 3.03%. This move demonstrates confidence in the stock that has surged 206% since its January IPO.
2Company performance
Indo SMC reported Q1 FY27 revenue of Rs 88.12 crore, marking 136% YoY growth. The company stated it's well-positioned to benefit from increasing investments in power distribution infrastructure and industrial electrification.
3Strategic expansion
With four manufacturing facilities, Indo SMC continues investing in automation and capacity expansion. The company is broadening its product portfolio with new offerings like metering cubicles and VCB panels.
4Major order secured
Indo SMC received a Rs 66.60 crore order for VFD panels from a Maharashtra-based engineering firm, with delivery scheduled for July 2026. This substantial contract underscores the company's capability in large-scale projects.
5Kacholia's portfolio moves
According to Trendlyne, Kacholia holds 48 stocks worth Rs 2,900 crore. This quarter, he exited three companies while initiating a new position in Asian Energy and increasing his stake in TechEra Engineering.
6Market significance
Kacholia's moves send important signals for retail investors. His growing interest in power infrastructure and electrical equipment sectors highlights their growth potential, making them areas to watch closely.
Original article: Economic Times — Ashish Kacholia'nın yeni hisse alımı: Indo SMC'de payı arttı