Dolly Khanna Multibagger Stock: Auto parts manufacturers share jumps 9% after ace investor picks extra stakes in Sept quarter
Dolly Khanna has added an extra 0.12 per cent stake in Talbros Automotive, taking her total holding to 1.22 per cent in the company, as per the September shareholding pattern available on the BSE.
Dolly Khanna Multibagger Stock: Ace investor Dolly Khanna-backed auto parts manufacturer - Talbros Automotive Components share price has jumped almost 9 per cent to Rs 508 apiece on the BSE intraday during Friday's session after the investor picked additional 15,000 stakes in the company, as per the latest shareholding pattern.
Dolly Khanna has added an extra 0.12 per cent stake in Talbros Automotive, taking her total holding to 1.22 per cent in the company, as per the September shareholding pattern available on the BSE. Khanna in June quarter had 1,35,215 shares or 1.1 per cent stake in the small-cap auto parts company.
Chennai-based renowned investor Dolly Khanna publicly holds 26 stocks with a net worth of over Rs 528.2 crore as of September 7, 2022, according to the stock analysis website trendlyne.com. Khanna's portfolio typically leans towards traditional stocks in manufacturing, textile, and chemicals among other segments.
Stock Price History
Talbros Automotive Components have given multibagger returns in the last two years as the stock has gained more than 4 times from Rs 120 level in Sept 2020 to today’s level Rs 508. To put it into perspective, if one had invested Rs 1 lakh two years ago it could have been more than 4 lakhs today.
While the stock has also outperformed the market in the last one year, it surged around 73 per cent as compared to almost 3 per cent fall in the S&P BSE Sensex. Year-to-date, the stock surged almost 26 per cent compared to a nearly 2 per cent fall in the benchmark index.
Ace Investors' Favourite Stock
Besides Dolly Khanna, another renowned investor Vijay Kedia also has 2.27 per cent stakes or 2,80,000 equity shares in Talbros Automotive, as per September shareholding. Similarly, Sanjeev Parekh has 1.16 per cent stakes or 1,42,681 equity shares in the company.
About Talbros Automotive
The flagship manufacturing company of the Talbros Group — Talbros Automotive Components was established in the year 1956 to manufacture Automotive & Industrial Gaskets in collaboration with Coopers Payen of UK.
Bajaj Auto, Tata Cummins, Volvo Eicher India, Ashok Leyland, Escorts Group, Force Motors, Hero MotoCorp, Honda, Hyundai, John Deere, Mahindra & Mahindra, Maruti Suzuki, Suzuki, TAFE, Daimler India, Tata Motors, Simpsons, among others are marquee customers of the company.
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