Ashish Kacholia Exits This Multibagger Low PE Stock Through Rs 22.29 Crore Bulk Deal; Abakkus Venture Opportunities Fund Acquires 601,341 Shares; Check Details
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Ace investor Ashish Kacholia sold his entire 5.32 per cent stake in Dhabriya Polywood through a bulk deal, while Abakkus Venture Opportunities Fund emerged as the buyer.
✨ Key Takeaways
On Friday, Indian equity benchmark indices traded lower, with the benchmark Nifty 50 index declining 259.15 points, or 1.09 per cent, to 23,610.45. Amid the weak market sentiment, Dhabriya Polywood share price declined 8.17 per cent to Rs 434.90, despite the stock delivering strong returns of 12.82 per cent over the past one month, 37.88 per cent over the last six months, and 13.05 per cent over the past one year.
Ashish Kacholia Exits Entire Stake
According to the latest bulk deal data on the BSE, Ace Investor Ashish Rameshchandra Kacholia sold 5,76,347 equity shares, representing his entire 5.32 per cent stake in Dhabriya Polywood.
The transaction was executed at an average price of Rs 387.04 per share, taking the total deal value to approximately Rs 22.29 crore. Following the transaction, Ashish Kacholia has completely exited his investment in the company.
Abakkus Venture Opportunities Fund Buys Stake
On the buy side, Abakkus Venture Opportunities Fund purchased 6,01,341 equity shares at an average price of Rs 387.80 per share through a bulk deal.
Based on the company's equity capital, the purchase represents an ownership of approximately 5.55 per cent. The total acquisition value works out to around Rs 23.32 crore.
Another market participant, Surya Vanshi Commodtrade Pvt. Ltd., sold 1,00,000 equity shares at an average price of Rs 387.06 per share.
Also Read - Ashish-Kacholia-Backed Specialty Chemicals Stock Falls Over 5% Despite Reporting 93% YoY Growth in Q1 FY27 Profit
About Abakkus Venture Opportunities Fund
Abakkus Venture Opportunities Fund is managed by Abakkus Asset Manager, an Indian asset management company founded by veteran investor Sunil Singhania. The fund focuses on long-term equity investments across listed Indian companies and is part of the broader Abakkus Group, which manages multi-billion-dollar equity and alternative investment strategies.
Valuation and Share Price Performance
Dhabriya Polywood currently trades at a price-to-earnings (PE) ratio of 15.6x, below the industry average PE of 21.3x, indicating that the stock is trading at a relatively lower valuation compared with its industry peers.
Despite Friday's decline, the stock has generated 12.82 per cent returns over the past one month, 37.88 per cent over the last six months, and 13.05 per cent over the past one year, reflecting strong medium-term performance.
About Dhabriya Polywood
Dhabriya Polywood Ltd is engaged in the manufacturing of uPVC and aluminium doors and windows, modular furniture, PVC products, wall panels, partitions, and other building material solutions. The company caters to residential, commercial, and infrastructure projects across India.
The company has built a strong presence in the building materials segment through an expanding dealer network and diversified product portfolio, with a focus on premium architectural and interior solutions.
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Disclaimer: The article is for informational purposes only and not investment advice