Ace investor Dolly Khanna is well-known for investing in undervalued small-cap stocks that often outperformed the benchmark indices by generating multi-bagger returns. Nonetheless, she is also known for booking a timely return.
There is a new piece of information for investors who carefully follow her portfolio, She has recently turned bearish on two stocks in her portfolio which have delivered a multi-bagger return in Dalal Street in recent years. Following are the two stocks in which the ace investor has reduced stake:
The ace investor held a 1.52% stake in July to September quarter, which accounted to 8,51,793 shares of the company. However, the stake has been reduced to 1.39% which accounts to 7,79,793 shares.
Nitin Spinners is a small-cap company that is engaged in the business of Yarn and Cotton Knitted Fabric. Currently, the shares of the company are trading at ₹221.50 apiece on Monday.
Since the start of 2021, the stock has given a multi-bagger return of 211.39% to this day.
According to the latest shareholding pattern, the ace investor used to hold 86,763 shares or a 1.21 % stake in Deepak spinners. In Q3FY23, she has brought down her stake to 1.16% which accounts to 83,263 shares.
Deepak Spinners Ltd is a small-cap company that is engaged in the business of textile manufacturing producing Synthetic Staple Fibers Yarn, Man-made Fiber blended yarn and other types of yarn. Currently, the shares of the company are trading at ₹243.20 apiece on Monday
Since the start of 2021, the stock has given a multi-bagger return of 205.85% to this day.
Written By Aaron Vas
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