Ace investor Ashish Kacholia trims stake in Jyoti Structures
Prominent investor Ashish Kacholia has reportedly reduced his stake in power sector EPC firm Jyoti Structures from 2.04% to 1.43% as of June 2025. This comes despite the company's strong financial turnaround, posting ₹36 crore net profit in FY25 after years of losses. However, significant working capital challenges due to extended cash conversion cycle may have influenced Kacholia's decision.
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