43x and 20x Returns: Can Ashish Kacholia’s 2 Turnaround Bets Keep Delivering?

Ashish Kacholia bought a 2% stake in V-Marc India in August 2024. The wire and cable maker saw its net profit jump 178% to about Rs 100 cr. With a 42% return on equity, the firm now eyes 40% revenue growth in FY27, riding the ongoing commercial infrastructure boom.