Ekansh Mittal’s FMCG Stock Pick For Katalyst Wealth Yields 100% Gain & Thrills Investors

The unique aspect of Ekansh Mittal of Katalyst Wealth is that he keeps an ultra-low profile. Unlike some other stock pickers and analysts who love to blow their own trumpets over the success of their stock picks, Ekansh prefers to keep mum and let his stocks do the talking.

Interestingly, Ekansh’s low profile does not mean that he goes unnoticed. We saw earlier how Prof. Sanjay Bakshi, the authority on value investing, paid him a rich compliment and called him a “smart and ethical investor”. Also, Ekansh got recognition from Forbes, the prestigious business magazine, for being a “wealth wizard”.

Now, the important point is that Ekansh Mittal’s latest stock pick, DFM Foods, has given bumper gains of nearly 100% in just three months.

Ekansh recommended DFM Foods on 19th April 2015 when it was languishing at Rs. 322. His logic was that the product manufactured by the Company, Crax rings, “commands leadership position” in the ready-to-eat segment for children. He also pointed out that the total market size is huge (Rs. 13000 cr) and that there is “huge score for expansion of distribution network”. Ekansh made several other important points in support of his proposition.

Well, Ekansh’s analysis has proved to be brilliant because today, barely 3 months later, DFM Foods is quoting at Rs. 640. This means that gains of nearly 100% are on the table.

It is also worth noting that DFM Foods has a number of savvy investors on its roster such as Westbridge Crossover Fund and Jwalamukhi Investment Holding.

At this stage, in the interests of justice and fair play, we must note that not all of Ekansh’s stock picks have fared as well. Some have put up an average performance and a few have failed. However, on an average, his picks have outperformed the Indices by a wide margin.

We must also note that there are a number of other ace stock recommendation services such as Siddharth Oberoi’s Prudent Equity, Deepak Agrawal’s Impetus Advisors, Ankur Shah’s VVIR, Alpha Invesco, Jatin Khemani’s Stalwart Advisors, Stock Axis, Equity Master etc. Each has its own success stories to talk about. Most have provided excellent returns to investors for a nominal fee.