Ace investor Ashish Kacholia trims Carysil stake in Q2

Ace investor Ashish Kacholia reduced his stake in kitchen sink maker Carysil by over 2 lakh shares during the July-September quarter of FY27, bringing his holding down to 2.72%.

The share sale comes as Carysil's stock has experienced a sharp correction from its July peak, reversing some of the strong gains it had posted earlier in the financial year.

The move by Kacholia, known for his stock-picking acumen, may prompt investors to reassess the company's near-term prospects and valuation.