Half of stocks in Dolly Khanna's portfolio zoom up to 550% so far in 2017
Rain Industries, Emkay
Global Financial, PPAP Automotive, IFB Industries, NOCIL, Thirumalai Chemicals
and Tata Metaliks were up in the range of 150% to 550%.
Latest
news : Half of the stocks in Dolly
Khanna's portfolio, a Chennai-based investor, have appreciated by up to
550% thus far in calendar year 2017 (CY17).
As of September 2017, Dolly Khanna holds more than 1% stake
in 22 companies, data filed by these companies show. Of these, the market price
of 11 stocks rallied more than 100% in CY17.
Except, RSWM which recorded negative return of 22%, the
remaining 21 stocks have outperformed the market by over 30%. At 11:08 AM; the
S&P BSE Sensex was trading at 33,671, up 26% thus far in CY17.
Among individual stocks, Rain Industries and Emkay Global
Financial Services have rallied 546% and 318%, respectively. PPAP Automotive,
IFB Industries, NOCIL, Thirumalai Chemicals and Tata Metaliks were up in the
range of 150% to 200%.
As of date, Dolly Khanna’s net worth stands at Rs 754 crore
in these 22 companies. She held equity shares amounting of Rs 218 crore in 14
companies at the end of December 2016.
Rain Industries, the major gainer among the pack, zoomed
nearly 550% thus in CY2017. Since July 2017, the stock of the leading producers
of cement in South India has soared 202%, as compared to 9% rise in the Sensex.
Khanna had bought stake in Rain Industries and Shreyans Industries in
April-June quarter and in Srikalashasthi Pipes, Dhampur Sugar Mills and Asian
Granito during the January-March 2017 quarter, data show.
The stock of household appliances company IFB Industries
rallied from Rs 457 to Rs 1,363 levels thus far in 2017. Khanna had reduced her
stake in the company to 1.14% in the September quarter from 1.23% in June and
1.56% in March quarter. She held 1.49% stake in IFB Industries at the end of
December 2016 quarter.
Comments
Post a Comment