Who wrote this article?

Aakash Agarwal, Capitalmind's research team.

Big Whale Ashish Kacholia enters Gujarat Heavy Chemicals with 1.47%

23 May 2016Aakash Agarwal1 min read

Quick Facts

What is "Big Whale Ashish Kacholia enters Gujarat Heavy Chemicals with 1.47%" about?
What category is this article in?: Stocks
Who wrote this article?: Aakash Agarwal, Capitalmind's research team.
When was this article published?: Published 23 May 2016.
How long does this article take to read?: 1 min read
What topics does this article cover?: Ashish Kacholia
What does the "Disclaimer" section say?: Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.

GHCL Logo2

Gujarat Heavy Chemicals (click here to view this on SNAP - Analytics Tool) is a well-diversified group with an ascertained footprint in Chemicals, Textiles and Consumer Products segment.

In Chemicals, the company mainly manufactures Soda Ash (Anhydrous Sodium Carbonate) that is a major raw material for Detergents & Glass industries and Sodium Bicarbonate (baking soda).

Its Textiles operations is an integrated vertical set up which commences right from spinning of fiber (yarn), weaving, dyeing, printing till the finished products, like sheets & duvets, take shape which are primarily exported worldwide.

Consumer Products operation is another business for GHCL where it is a leader in manufacturing and selling Edible salt, Industrial grade salt and Honey in the country.

**Big Whale Ashish Kacholia **(Check out the complete portfolio up to March, 2016) purchased 1,480,100 shares or 1.47% marking an entry into a new stock. This stake was sold by The Shalin Family Trust who sold 1,526,000 shares.

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Disclaimer

Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.