Dolly Khanna Portfolio: KCP shares are among those small-cap stocks that have outperformed the benchmark index returns. In year-to-date (YTD) time, the KCP share price rose by 72.6 ₹138 Epic (9:48 am on NSE today) – The BSE small-cap index rose nearly 90 per cent in 2021 as compared to a rise of around 58 per cent. Stock market experts are still excited about Dolly Khanna’s portfolio stock, which has gained almost 140 per cent in one year.
Experts further said that the stock is trying to bounce back from the 100-day moving average (DMA). It is expected to give fresh breakout on ₹can go up to 145 ₹175 in the short term. However, on the breakout for long-term investors ₹145 can be an ideal time to take long positions for a long term target on closing basis ₹400 per.
Speaking on Dolly Khanna Portfolio share price outlook; Santosh Meena, Head of Research, Swastika Investmart said, “KCP Ltd is in strong bullish momentum where it is trying to bounce back from the 100-DMA and watch a breakout of the bullish sign formation to resume its uptrend. of 50-DMA ₹145 There will be an immediate interruption; Above this, it is likely to move towards ₹from 170 ₹175 area. on the downside, ₹132 is strong support; Below this, we can expect short-term weakness.”
Dolly Khanna highlighting the fundamentals that support small-cap stocks; Rahul Sharma, Co-Founder, Equity99 said, “KCP Ltd. is engaged in the business of manufacturing and selling of cement, sugar, heavy engineering, power generation for captive use and hospitality. It is a favorite of Foreign Institutional Investors (FIIs). is stock. Both promoters and FIIs have increased their stake in the company. The company has ROCE of 21.6 per cent and RoE of 17.8 per cent. The company has reduced its borrowings ₹The DE ratio of 83 crores in FY21 is 0.47. The company is available at a PE multiplier of 8.15, which is half of the industry PE of 16.3. We are quite bullish on this sector and expect it to reach the price target of the stock ₹400 over the long term.”
Dolly Khanna’s stake in KCP
As per the shareholding pattern of Dolly Khanna Portfolio Company for the quarter April to June 2021, the Chennai-based investor holds 55,87,291 shares, which is 4.33 per cent of the total issued net paid-up capital of 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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