Dolly Khanna Portfolio: This stock on the verge of breakout, say experts

dolly khanna Known to buy stocks that comfortably beat the benchmark returns over the long term. Hence, retail investors closely follow Dolly Khanna’s portfolio for value picks. So, when a few investors from Chennai added control print share In his portfolio in Q3FY22, market observers were bound to follow the stocks of this industrial coding sector. In year-on-year (YTD) time, the control print share price has risen only close to 5 per cent, but if we look at the performance of Sensex and Nifty over this period, both the benchmark indices have generated zero returns. The BSE Sensex has fallen 5.75 per cent in 2022 while it has fallen nearly 5.50 per cent in the period. So, this share price of Dolly Khanna has generated alpha returns in 2022 outperforming the performance of both the major benchmark indices.

New breakout expected in Dolly Khanna’s portfolio stock; Anuj Gupta, Vice President, IIFL Securities said, “The stock may give an upside breakout 370 on shutdown basis. Hence, high risk traders can buy this Dolly Khanna Portfolio stock at current levels and keep holding on to the upside. 320 each level. However, safe investors can wait for the breakout and hold for the short term target maintain stop loss at 420 320. Fresh investors can also add more on a major downtrend until it is up 320 levels.”

Throwing light on the fundamentals regarding Dolly Khanna’s portfolio stock; Avinash Georakshkar, Head of Research, Profitmart Securities, said, “The company deals in industrial coding in which it has a near-monopoly business. It caters to the FMCG and frozen food industry and hence, in view of the unlock theme, its business is expected to grow further. Moreover, 25 per cent of its business comes from ink used for computer printers. In this segment, it has a major edge over other players and this business of the company is also being taken up with the easing of COVID-19 restrictions across the country. Expected to grow later. One can include this stock in their portfolio for long term.

Dolly Khanna’s stake in Control Print

according to this control print shareholding pattern For the period October to December 2021, Dolly Khanna added this stock to her portfolio by buying 1,70,207 shares or 1.04 per cent stake in the company.

Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.

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