Ace investor Dolly Khanna laps up 4 smallcap stocks in Q4; 2 sugar stocks on the list

As the new quarter has set in, shareholding patterns of listed companies for the quarter ended September 2023 are also rolling in. Keeping a track of the same, for the know-how of retail investor category, it is known that seasoned Chennai-based investor Dolly Khanna has lapped up two smallcap sugar stocks.

First on the list is KCP Sugar and Industries Corporation. The investor, as of the latest quarter, holds 14,32,638 equity shares in the sugar company, translating to 1.26 per cent stake.
The investor did not own the stock in any of the previous quarters, according to stock research portal Trendlyne.

The stock has rewarded investors with a return of 78 per cent in the past one year. KCP Sugar and Industries shares have gained 61 per cent in the past three months alone. On Thursday, the stock settled at Rs 39.8 apiece.

With a market capitalisation (mcap) of about Rs 450 crore, KCP Sugar and Industries is engaged in the manufacturing of items such as sugar and its by-products, industrial chemicals, cogeneration, biotech, carbon dioxide and calcium lactate.

The other sugar stock added by the investor during three-month period is Rajshree Sugars and Chemicals.

At the end of the September quarter, the ace investor owned 3,47,035 Rajshree Sugars shares, equivalent to 1.05 per cent of the company’s equity, according to shareholding pattern data available with the exchanges.

Dolly Khanna also added Salzer Electronics in the Q2 period. As of the three months to September 30, she held a 1.1 per cent stake in the company.

Salzer Electronics is again a smallcap counter. The company is engaged in the business of computer-aided manufacturing operated rotary switches, and wires and cables.

She also held one per cent in Prakash Industries, which is into mining, steel and power operations through the manufacturing of products such as MS billet, ferroalloys, MS thermo mechanically treated (TMT) and MS coil, and allied and HB wire rods. Prakash Industries commands an m-cap of Rs 3,362 crore.