Prominent stock market investor Ashish Kacholia’s invested company, Knowledge Marine and Engineering Works, has yielded a remarkable return of 250% over the past year and an astounding 4700% to investors over the last 2 years. Through its associate firm Knowledge Dredging, Knowledge Marine has secured an order worth INR 41.51 crore. This collaborative company is tasked with completing the project over the next 5 years.
Knowledge Marine’s associate company has received its fifth order in the Middle Eastern nation of Bahrain. The order book for marine engineering works could reach INR 383 crore after this.
About the company
Knowledge Marine is a company that specializes in the maintenance and repair of marine crafts, operating in several countries across India and the world. Seasoned stock market investor Ashish Kacholia holds a 2.78% stake in Knowledge Marine Engineering.
Current Market Capitalization
Currently, the market capitalization of Marine Engineering exceeds INR 1900 crore. On Friday, there was a 4.7% surge in Marine Engineering’s shares, reaching levels of INR 1770 per share – a 52-week high.
Investors in Knowledge Marine have seen returns of over 20% in the past 5 days and an impressive return of over 60% in the last month. On Friday, July 27th, Knowledge Marine’s shares stood at INR 1101, resulting in an increase of INR 663 in investors’ wealth.
Over the last 6 months, Knowledge Marine’s shares have provided investors with returns exceeding 94%, while the past year has seen an exceptional return of 230%. In the last two and a half years, Knowledge Marine’s shares have enriched investors with returns surpassing a staggering 4700%, starting from a level of INR 36.