Why Ashish Kacholia Owns Two Punished SME Defence Stocks

An Indian investor named Ashish Kacholia is famous for finding small companies that grow into big ones.

He bought shares in two very small companies that make things for the army and for airplanes.

These companies trade on a special part of the stock market called the SME platform, where buying and selling can be slow.

Their share prices have fallen a lot - one dropped by about half and the other by about 70 percent.

Instead of leaving, Kacholia bought even more shares when prices went down.

The companies are growing their sales quickly, which is exciting, but they also have problems like waiting a very long time to get paid by customers.

One company reported profits but actually spent more cash than it earned.

Some people believe these companies will become big winners because India wants to build more defence equipment at home.

Others worry they are too risky because reported profits look better than the real cash coming in.

The article says you should watch these companies closely but not copy Kacholia's bets blindly.