Dolly Khanna Portfolio: Ace investor trims stakes in these two small-cap companies - what should investors know?
Chennai-based investor Khanna publicly holds 25 stocks with a net worth of over Rs 507.8 crore as of October 12, 2022, according to the stock analysis website trendlyne.com.
Dolly Khanna Portfolio: Ace investor Dolly Khanna trimmed her stake in Aries Agro and Goa Carbon during the September-end quarter of 2022 as per the shareholding pattern. Shares of both companies have been underperforming, as the former declined by over 15 per cent and the latter by 23 per cent in the last six months.
In Aries Agro, the renowned investor has marginally cut her stake by 0.15 per cent to 1.1 per cent or 1,43,502 equity shares as per September shareholding on the BSE as compared to 1.36 per cent or 1,76,390 equity shares quarter-on-quarter (QoQ).
While Khanna’s name in Goa Carbon’s shareholding has disappeared according to the September shareholding pattern of the company available on the BSE. Supposedly, the stake of the celebrity investor has gone down below 1 per cent during the September-end quarter.
As per the June shareholding pattern on the BSE, Dolly Khanna had 1.08 per cent or 98,637 equity shares in the company.
Chennai-based investor Khanna publicly holds 25 stocks with a net worth of over Rs 507.8 crore as of October 12, 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.
Incorporated in 1969, Aries Agro is in the business of manufacturing micronutrients and other customized nutritional products for plants and animals. The company has a market capitalisation of over Rs 180 crore as of October 12, 2022, according to the BSE data.
Whereas Goa Carbon is an Indian petrochemical company, which is engaged in the manufacture and sale of Calcined Petroleum Coke. It has a market capitalisation of around Rs 388 crore as of October 12, 2022, according to the BSE data.
On Wednesday, the shares of Aries Agro jumped over 1.5 per cent to Rs 138.55 per share and Goa Carbon declined by 1 per cent to Rs 424.8 per share on the BSE at the close.
Earlier last week, Dolly Khanna added an extra 0.12 per cent stake in Talbros Automotive, an auto parts manufacturing company, taking the total holding to 1.22 per cent or 1,50,215, as per the September shareholding pattern against 1,35,215 or 1.1 per cent stake in June quarter of 2022.
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