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Big Whale's Risky Bets: Stocks Plunge 60%+
12 Dec
Summary
- Ashish Kacholia bought two stocks in 2025 that are now trading at significant discounts.
- Naman In-Store, an SME stock, trades near book value, 75% below its all-time high.
- Quadrant Future Tek, involved in railway signalling, shows losses and is 65% below its peak.

Investor Ashish Kacholia's recent stock selections are facing significant downturns, with two companies bought in 2025 now trading at steep discounts. Naman In-Store, a retail solutions provider, has seen its share price drop 75% from its peak, now hovering near its book value of Rs 61. Despite sales and EBITDA growth, the company has struggled with profitability and is listed on the SME exchange, which carries inherent risks.
Quadrant Future Tek, which manufactures specialty cables and develops train control systems for projects like KAVACH, is also experiencing a sharp decline. Its stock is down 65% from its all-time high. The company has reported significant EBITDA losses in H1FY26 and posted its first net loss in FY25, raising concerns about its financial recovery.
These deep discounts have sparked debate among investors about potential buying opportunities, given Kacholia's past successes. However, the companies' current financial performance and market volatility, particularly Naman In-Store's SME listing, warrant cautious observation. Investors are advised to add these stocks to their watchlist for close monitoring.



