Dolly Khanna is an ace investor in the Indian stock market, known for her successful portfolio and strategic investments in various sectors. She is known for her long-term investment perspective, focusing on companies underlying fundamentals and growth prospects rather than short-term market fluctuations.
Her portfolio is managed by her husband Rajiv Khanna. Dolly Khanna’s portfolio typically leans towards more traditional stocks in manufacturing, textile, chemicals and sugar stocks.
As per the latest corporate shareholdings filed, Dolly Khanna publicly holds 19 stocks with a net worth of over Rs. 488.1 crores.
Listed below are stocks in which Dolly Khanna acquired a new stake during Q4FY24:
Selan Explorations Technology Ltd
With a market capitalization of Rs. 795 crores, the company’s shares engaged in the oil and gas exploration and production business started Monday’s trading session on a lower note at Rs. 532.20 compared to its previous close of Rs. 534. During the trading session, the shares hit a low of Rs. 520, making a loss of around 2 percent and are currently trading at Rs. 526 apiece.
Coming onto the company’s financial statements, the revenue increased by 11.17 percent from Rs. 39.19 crores during the September quarter to Rs. 43.57 crores in the December quarter. On a contrasting note, the net profits decreased by 36 percent from Rs. 9.42 crores to Rs. 6.03 crores during the same timeframe.
According to the BSE data, Ace Investor Mrs Dolly Khanna entered the stock in March 2024, by acquiring approximately 1.56 lakh equity shares equivalent to a 1.03 percent stake in this company. The current holding value of his investment amounts to Rs. 8.4 crores.
The Ace investor had previously entered into the company’s shares in June 2018 but divested entirely from the position by September 2018.
The company operates 3 onshore Contract Areas in the prolific Cambay Basin, with 100 percent Participating Interest in Bakrol, Lohar and Karjisan Contract Areas. Moreover, a significant portion of the company’s revenue stems from its involvement in crude oil exploration.
Som Distilleries & Breweries Ltd
With a market capitalization of Rs. 2,310 crores, the shares of the alcoholic beverages manufacturing company started Monday’s trading session on a lower note at Rs. 294 compared to its previous close of Rs. 311.20. During the trading session, the shares hit a low of Rs. 293, making a loss of around 5 percent and are currently trading at Rs. 295 apiece.
Coming onto the company’s financial statements, the revenue increased by 7 percent from Rs. 248 crores during the September quarter to Rs. 266 crores in the December quarter. In addition, the net profits zoomed by 20 percent from Rs. 15 crores to Rs. 18 crores during the same timeframe.
According to the BSE data, Ace Investor Mrs Dolly Khanna entered the stock in March 2024, by acquiring approximately 8.89 lakh equity shares equivalent to a 1.14 percent stake in this company. The current holding value of his investment amounts to Rs. 27.7 crores.
The Ace investor had previously entered into the company’s shares in March 2018 but divested entirely from the position by September 2023.
Recently, the company commenced commercial production on the increased capacity at its Karnataka plant, doubling its capacity to 140 lakh cases per annum. By this strategic initiative, the company will be able to cater to increased demand from Karnataka and meet the requirements of the neighbouring states like Kerala, and Pondicherry.
The company’s Hunter beer demonstrated a strong expansion in Madhya Pradesh, Odisha and Delhi reflecting its growing presence in the market, with volume increasing by around 68 percent compared to a YoY basis. Additionally, throughout the first nine months of the fiscal year 2024, beer constituted 94 percent of the total volumes and contributed 91 percent of the revenue.
Written By Vaibhav Patil
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