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Stocks

Big Whale Ashish Kacholia enters Gujarat Heavy Chemicals with 1.47%

GHCL-Logo2.png

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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