Multibagger Stock: The stock of Deepak Spinners has been in the news for being included in the list of 46 multibagger stocks in 2021. It is one of the 18 multibagger stocks that are also owned by Indian stock market investors. Shares of Deepak Spinners are one of Dolly Khanna’s portfolio stocks, which was added by the Chennai-based marquee investor to his portfolio in the April-June 2021 quarter. Dolly Khanna’s share price rose by ₹77 to ₹268.15 in 2021 – Giving multibagger returns in year to year (YTD) time to its shareholders.
According to stock market experts, Dolly Khanna’s portfolio stock is still ‘bullish’ and may go up ₹325 per share level in the short-term time-horizon. He advised investors to buy the stock at current levels and those who have this stock in their portfolio should continue with the stock.
Deepak Spinners shares price history
As per the share price history of Dolly Khanna Portfolio Stock, this multibagger stock has given around 7.50 percent return in last one month, whereas in last 6 months, this stock has given 195 percent return to its shareholders. However, in the year 2021, the stock has grown from double digits to triple digits (from . ₹77 to ₹268.15) registers a 245 percent increase in YTD time. So, Dolly Khanna’s portfolio stock has tripled the shareholders’ money in 2021 giving around 245 per cent return.
Dolly Khanna share price expected to rise further; Sumeet Bagdia, Executive Director, Choice Broking said, “Deepak Spinners share price looks bullish on the charts and may go up. ₹300 to ₹325 per equity share level in the short term. One can buy this portfolio stock of Dolly Khanna by maintaining stop loss at current market price ₹240 each.”
Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.
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