Dolly Khanna, a Chennai-based investor, is known for picking lesser-known stocks that tend to outperform in the stock market. Her husband Rajiv Khanna manages her portfolio. As per the latest shareholding pattern, Dolly Khanna publicly holds 26 stocks with a net worth of over ₹ 513 crores.
The markets have been volatile this year. Analysts say that sustained outflows by foreign institutional investors, the falling rupee and the geopolitical crisis between Russia and Ukraine have dampened investor sentiments. However, the ace investor holds two stocks that have quadrupled over the past year.
New Delhi Television Limited (NDTV)
The company has been making it to the headlines these days as the Adani Group has unveiled its plans to acquire a 29.18 per cent stake in it through the acquisition of Vishvapradhan Commercial Pvt. Ltd (VCPL). NDTV is in the business of television media and currently operates three channels, NDTV 24×7, NDTV India, and NDTV Profit.
Dolly Khanna holds a 1 per cent stake in the company. In other words, she has 645,276 shares worth 24.1 crores as of Friday. The shares have given multibagger returns of 350.36 per cent in the past year.
The company’s shares were trading at ₹ 82.60 a year ago and were trading at ₹ 372.00 at 11:30 AM on Thursday. Therefore, if an investor would have invested ₹ 1 lakh in the shares of the company a year ago, the value of their holdings would have been ₹ 4.50 lakhs today!
NDTV is a small-cap company with a market capitalization of ₹ 2,489 crores. It has an excellent return on equity of 41.53 per cent. The stock is currently trading at a PE ratio of 28.57, which is slightly higher than the sector PE of 20.85. This could mean that the stock is overvalued and that investors are willing to pay a higher price for it due to its prospects.
Tinna Rubber and Infrastructure Ltd
The company is primarily engaged in the conversion of end-of-life tyres (ELT) into crumb rubber and steel wires obtained in the process.
Ace investor Dolly Khanna holds a 1.8 per cent stake in the company. She increased her stake in the company from 1.6 per cent to 1.8 per cent according to data available for the latest quarter. She has 156,861 shares worth ₹ 8.0 crores as of Thursday. These shares have given multibagger returns of 482.72 per cent.
The company’s shares were trading at ₹ 89.30 a year ago and have soared to ₹ 513.75. In other words, they have given multibagger returns of 475.31 per cent in the past year. If an
investor would have invested ₹ 1 lakh in the shares of the company a year ago, the value of their holdings would have been ₹ 5.75 lakh, which is more than five times the investment!
Tinna Rubber and Infrastructure Ltd. is a small cap company with a market capitalization of ₹ 342 crores. It has a good return on equity of 23.44 per cent. Currently, it is trading at a PE ratio of 22.80 which is lower than the sector PE of 27.33. This could mean that the stock is undervalued and that its price can increase in the future.
Written by Simran Bafna
Disclaimer
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