Ms. Dolly Khanna, starting her stock market journey in 1996, is one of the well-known ace investors from Chennai, India. She is keen on stocks associated with traditional sectors such as sugar, textiles, chemicals, etc.
Listed below are two stocks, present in the ‘Ethanol’ sector, in which Ms. Dolly Khanna bought a fresh stake during the quarter ended September 2023:
Rajshree Sugars & Chemicals Limited
With a market capitalization of Rs 181.25 crores, the stocks of Rajshree Sugars & Chemicals Limited started their trading session on Monday at Rs 54.70 and currently trades at Rs 54.70, slipping approximately 2 percent as compared to the previous closing levels of Rs 55.79 apiece.
As per the shareholding data of Ms. Dolly Khanna available for the latest quarter ended September 2023, she has bought a fresh stake in the shares of Rajshree Sugars by subscribing to 3.47 lakh equity shares thereby representing a 1.05 percent stake.
During the recent financial quarters, the company reported operating revenues of Rs 212.98 crores during the September 2023 quarter, dipping from levels of Rs 227.93 crores during the June 2023 quarter. Moreover, the bottom-line numbers increased from Rs 8.53 crores to Rs 17.18 crores during the same period.
KCP Sugar and Industries Corporation Limited
With a market capitalization of Rs 415 crores, the stocks of KCP Sugar and Industries Corporation Limited started their trading session on Monday at Rs 36.60 and currently trades at Rs 36.60, slipping approximately 2 percent as compared to the previous closing levels of Rs 37.32 apiece.
As per the shareholding data of Ms. Dolly Khanna available for the latest quarter ended September 2023, she has bought a fresh stake in the shares of KCP Sugar by subscribing to 14.32 lakh equity shares thereby representing a 1.26 percent stake.
During the recent financial quarters, the company reported operating revenues of Rs 93.51 crores during the September 2023 quarter, dipping from levels of Rs 95.84 crores during the June 2023 quarter. Moreover, the bottom-line numbers dipped marginally from Rs 30.68 crores to Rs 27.96 crores during the same period.
Written by Amit Madnani
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