Ace investor Ashish Kacholia bought 21,65,500 shares or a 2.16% stake in Balu Forge Industries Ltd via preferential issue at an issue price of ₹115.45 per share aggregating to Rs 25,00,06,975 in July 2023. From ₹115.45 per share to ₹267.95, he already made gains of 132% or ₹33 crore since investing in the stock in July 2023.