By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: Ashish Kacholia portfolio: Forbes EMF-owned stock to be in focus on Monday; here’s why | Stock Market News
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Business > Ashish Kacholia portfolio: Forbes EMF-owned stock to be in focus on Monday; here’s why | Stock Market News
Business

Ashish Kacholia portfolio: Forbes EMF-owned stock to be in focus on Monday; here’s why | Stock Market News

Last updated: February 14, 2026 4:09 pm
3 months ago
Share
SHARE


Contents
Key highlights of October-December quarterHow much stake does Ashish Kacholia hold?Fineotex Chemical share price

Ashish Kacholia portfolio stock: Shares of Fineotex Chemical are expected to remain in focus on Monday, 16 February 2026, after the Board approved the financial results for the October to December quarter on Friday, 13 February 2026, according to an exchange filing.

In the financial results announced on Friday, Fineotex Chemical reported an 8.23% growth in net profit to ₹30.12 crore for the quarter ended on 31 December 2025 from ₹27.83 crore in the corresponding period of the previous year.

The company’s total income from operations rose by 45.49% to ₹190.46 crore in the quarter under review from ₹130.91 crore in the same period last year.

On a quarter-on-quarter basis, the net profit rose 15.5% from ₹26.08 crore in Q3FY25, while income from operations surged 30.96% from ₹145.43 crore.

The consolidated return on invested capital (ROIC) for Q3 FY26 is 26.82 %. The volume of the consolidated business for the quarter ended 31 December 2025 increased by around 39% on a Y-o-Y basis, the exchange filing said.

Key highlights of October-December quarter

During the quarter, Fineotex finalised the acquisition of US-based speciality chemical manufacturer CrudeChem Technologies via its subsidiary.

“This strategic acquisition marks a transformative milestone in the Company’s journey toward global expansion and strengthens its technological capabilities and leadership in high-performance and sustainable chemical solutions,” the exchange filing read.

The CrudeChem Technologies Group is a US-based speciality chemical manufacturer of advanced chemical fluid additives and comprehensive oilfield chemicals solutions for the global oil and gas sector.

The company also received approximately ₹35.68 crores as subscription amount, following the conversion of 75% of the outstanding warrants. Of this conversion, the promoter has exercised 5,00,000 warrants for an aggregate amount of about ₹17.30 crores at the issue price of ₹346 per share.

How much stake does Ashish Kacholia hold?

As of 17 January 2026, BSE shareholding data showed that the marquee stock market investor, Ashish Kacholia, owns 3,00,05,680 or more than 3 crore equity shares in Fineotex Chemical.

The 3,00,05,680 equity shares represent up to 2.59% stake held by a single shareholder in the speciality chemicals maker, as per the data.

Fineotex Chemical share price

After Friday’s market session, Fineotex Chemical (FCL) shares closed 0.67% higher at ₹24.09, compared to ₹23.93 at the previous stock market close, according to data published on the BSE website. The company announced its financial results following market closing hours on Friday.

Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.



Source link

You Might Also Like

Q4 results 2026: BEL to LIC among 500 companies to declare Q4 results next week; full list here | Stock Market News

Access Denied

Access Denied

Access Denied

Indian stock market: How are Sensex and Nifty 50 likely to perform next week amid ongoing US-Iran war? | Stock Market News

TAGGED:Ashish KacholiaAshish Kacholia portfolio stockfinancial resultsFineotexfineotex sharesnet profitstock market
Share This Article
Facebook Twitter Email Print
Previous Article Access Denied
Next Article Access Denied

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS