Dolly Khanna Portfolio: The Chennai-based market maven is known to invest in lesser-known small-cap and mid-cap stocks that tend to outperform benchmark returns over the long term. Hence, attractive looking returns for a normal retail investor may not be enough to make Dolly Khanna invest in it. Shares of Deepak Spinners are the latest example of this. The stock is one of the multibagger stocks in 2021 which has gained over 200 per cent this year. Despite this impressive return, Dolly Khanna has reduced her stake in this company from 2.07 percent to 1.57 percent.
Dolly Khanna’s stake in Deepak Spinners
As per the shareholding pattern of Deepak Spinners for the July to September 2021 quarter, Dolly Khanna holds 1,12,781 shares or 1.57 per cent stake in the company, while in the company’s shareholding pattern for the April to June quarter, she holds 1,48,499 shares. or 2.07 per share. 100% stake in the company. This means that the India giant has sold 35,718 shares or 0.50 per cent stake in the company in the recently ended September 2021 quarter.
Dolly Khanna reduced stake in Multibagger stock
Ironically, Dolly Khanna decided to dilute her stake in a stock that has given stupendous multibagger returns year after year. This share of Dolly Khanna has picked up from all around ₹from 78 ₹248 per share level, gives a return of about 220 percent to its shareholders. In the last 6 months, this holding stock of Dolly Khanna has increased from approx. ₹from 94 ₹248, is giving about 165 percent return to its shareholders. However, the stock has been under profit-booking pressure in the past one month and has lost nearly 7 per cent during this period.
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