Dolly Khanna Portfolio The shares of Ajanta Soya have hit a lower circuit for the second consecutive session. In the past one week, Multibagger stock has rallied over 5 per cent lower circuit with a fall of over 13 per cent in 2 out of 5 trade sessions. However, stock market experts are expecting a recovery of ‘V’ shape in this multibagger Dolly Khanna after the stock stabilizes.
According to secondary market experts, Dolly Khanna’s portfolio stock has given a ‘V’ shape recovery after every major fall in the past one month and it could happen again as the fundamentals of the stock still favor the rally in this commodity stock. . He expects Ajanta Soya shares to stabilize 220 levels, where any . may initiate buying for the short to medium term target of 280. However, he strictly advised the positional investors to avoid long term positions in the scrip.
Predicting ‘V’ shaped recovery in multibagger stocks; Sumeet Bagadiya, Executive Director, Choice Broking said, “This stock of Dolly Khanna has a tendency to give B shape recovery and we can expect the same once Multibagger stock stabilizes. I expect it to be almost stable. One should buy the stock after the stock stabilizes at these levels for the short term target of 220 250 and medium term target 280. However, stop loss must be maintained 180 Taking a position in this stock.”
advising positional investors to avoid long term positions in the counter; Avinash Gorakshakar, Head of Research, Profitmart Securities, said, “This multibagger Dolly Khanna stock is a commodity stock. Hence, one should avoid long positions in the counter. In the short term, the stock looks positive as its demand has increased in the international market. , especially in China. In fact, China has announced to import soya from countries other than US countries and Ajanta Soya is expected to benefit from this Chinese announcement. Besides, soya prices in international markets also went up. are up due to demand-supply crunch. This is expected to benefit the company as well. Hence, the fundamentals of the stock look positive in the short to medium term.”
Dolly Khanna’s stake in Ajanta Soya
According to the shareholding pattern of Ajanta Soya for October to December 2021, Dolly Khanna holds 1.11 per cent stake or 1,78,500 shares in the company. Dolly Khanna’s name appeared in the Q3FY22 shareholding pattern issued by Ajanta Soya on BSE. The ace investor from Chennai did not hold any stake in the company in the previous quarter of September 2021.
Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.
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