Ace Investor Dolly Khanna is known for picking lesser-known stocks that tend to outperform the market and give multibagger returns, many times. She has been investing in the market since 1996, and her portfolio is managed by her husband, Rajiv Khanna.
Tinna Rubber and Infrastructure Ltd is a leading tyre material recycler that converts waste tyres into downstream value-added products. The company supplies recycled rubber material to tire manufacturing and conveyor belt companies in India and globally.
The company’s shares slipped by 1.12% and were trading at ₹ 449.95 apiece at 01:07 PM on Thursday. 3372 shares changed hands on the exchanges.
According to the latest shareholding pattern released by the company, Dolly Khanna holds 1,38,424 fully paid-up shares of the company. This means that her stake in the company has reduced to 1.62% in the October to December quarter of 2022, as against 1.67% or 1,43,303 shares as of September 2022.
Tinna rubber is a small-cap company with a market capitalization of 390.00 crores. It has an ideal return on equity of 23.44% and an ideal debt-to-equity ratio of 0.77%.
The company has given multibagger returns to its shareholders in the past year, as its share price increased by 122.58%. Therefore, if an investor would have invested ₹ 1 lakh in the company’s shares one year ago the value of their holdings would have been ₹ 2.22 lakh.
In fact, it has given multibagger returns of a whopping 698.49% in the past five years. Therefore, if an investor would have invested ₹ 1 lakh in the company’s shares five years ago the value of their holdings would have been ₹ 7.98 lakhs.
Written by Simran Bafna
