Dolly Khanna is a Chennai-based investor who is known for picking lesser-known stocks that went on to outperform the market. She has been investing since 1996 and her husband Rajiv Khanna manages her portfolio, which typically leans towards stocks in the textile, manufacturing, chemicals and sugar industries.
She publicly holds 18 stocks with a net worth of over 321.5 crores, according to the data filed with exchanges. Not all companies have reported their shareholding patterns yet, therefore some data is missing for the October to December quarter, according to the latest corporate holdings.
According to the Securities and Exchange Board of India’s (SEBI) regulations, companies must disclose the names of shareholders who hold more than a 1% stake in them. If investors sell their entire stake or keep it below 1% then their name does not appear in the shareholding pattern. Dolly Khanna has reduced her stake to below 1% in these companies:
J Kumar Infraprojects Ltd.
The ace investor held a 1.1% stake or 813,976 of the company in the July to September quarter, however, her name does not appear in the latest shareholding pattern of the company.
J Kumar Infraprojects is a small-cap company that is engaged in the business of execution of infrastructure projects like transportation, engineering, irrigation, civil construction, piling work and so on. Its shares closed at ₹ 273.00 apiece on Wednesday.
NCL Industries Ltd.
Dolly Khanna booked profits in NCL Industries, a small-cap company. As per the shareholding data of the company, her name is missing from the list of individual shareholders. She held a 1.31% stake or 5,94,533 shares of the company in the previous quarter.
NCL Industries is engaged in the business of manufacturing and selling of cement, ready-mix concrete, cement-bonded boards, and doors. In addition, it operates two small hydropower projects. Its shares closed at ₹ 170.80 apiece on Wednesday.
Sharda Cropchem Ltd.
Dolly Khanna used to hold 918,168 shares or a 1% stake in Sharda Cropchem, however, her name is missing in the shareholding pattern for October to December. Therefore, she has reduced her stake below 1% or has sold it entirely.
Sharda Cropchem primarily exports agrochemicals and non-agro products such as conveyor belts, rubber belts/sheets, dyes and dye intermediaries to various countries. Its shares closed at ₹ 481.00 apiece on Wednesday.
Written by Simran Bafna
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