Ashish Kacholia Portfolio: NIIT Learning Systems, Stove Kraft hit 52-week lows—time to buy the dip or sell?

Ashish Kacholia Portfolio: Prime investor Ashish Kacholia, additionally recognized because the “Massive Whale” of Indian equities, has constructed his popularity by recognizing high-conviction bets early of their progress journey. Nevertheless, two of his long-held smallcap shares have now slipped to their 52-week lows, elevating an vital query: is that this a golden shopping for alternative or a cautionary sign?

NIIT Studying Programs Ltd

NIIT Studying Programs, with a market cap of Rs 4,774 crore, focuses on enterprise studying and growth options. Regardless of strong fundamentals gross sales CAGR of 13 per cent over three years and EBITDA CAGR of 6 per cent the inventory is buying and selling close to its all-time low of Rs 323, down over 35 per cent from its 52-week excessive of Rs 542.

Kacholia has held a 2 per cent stake within the firm since July 2023, with an funding worth of Rs 96.5 crore as of March 2025. Key strengths embrace:

Regardless of the drop, the enterprise stays basically sound and practically debt-free. For long-term buyers, this will characterize a worth entry level—notably if Kacholia chooses to extend his stake within the upcoming quarter.

Range Kraft Ltd

One other Kacholia favorite, Range Kraft Ltd, has seen an analogous destiny. Buying and selling at Rs 583, the inventory is down 49 per cent from its all-time excessive of Rs 1,135. Kacholia owns a 1.7 per cent stake, valued at Rs 34 crore as of March 2025.

The corporate, which owns the manufacturers Pigeon and Gilma, has delivered:

• Gross sales CAGR of 17 per cent over 5 years

• EBITDA CAGR of 35 per cent

• Web revenue progress of 65 per cent from FY20 to FY25

Nevertheless, the valuation at a PE of 50x, barely above its 10-year median, suggests warning. The inventory’s steep correction may mirror near-term margin or demand headwinds.

What ought to buyers do?

Each shares have sturdy financials and promoter backing. Whereas the worth correction could unsettle retail buyers, Kacholia’s continued presence affords long-term consolation. With the Q1FY26 shareholding sample due subsequent month, buyers ought to preserve an in depth watch on his subsequent transfer.

Whether or not Kacholia exits or doubles down will reveal rather a lot. Till then, these two shares deserve a spot in your watchlist, if not your portfolio—particularly in case you consider in shopping for concern when the basics keep intact.