Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Markets / Stock Markets/  Dolly Khanna raises stake in this multibagger stock. Do you own?
BackBack

Dolly Khanna raises stake in this multibagger stock. Do you own?

Dolly Khanna has raised her shareholding in this multibagger stock from 1.77 per cent to 1.89 per cent in July to September 2021 quarter

Dolly Khann portfolio: This three-bagger stock was one of those 7 stocks that had made an entry in Dolly Khanna stock portfolio in June 2021 quarter. (Mint)Premium
Dolly Khann portfolio: This three-bagger stock was one of those 7 stocks that had made an entry in Dolly Khanna stock portfolio in June 2021 quarter. (Mint)

Dolly Khanna portfolio: The Chennai-based investor is known for investing in low-priced lesser known stocks that goes on to outperform key benchmark indices. Rama Phosphates shares are latest example of it. This Dolly Khanna portfolio stock has given multibagger return to its shareholders in the year-to-date (YTD) period. 

The Indian stock market investor has raised her shareholding in the fertiliser manufacturing company from 1.77 per cent in the previous quarter to 1.89 per cent in July to September 2021 quarter.

Dolly Khanna shareholding in Rama Phosphates

As per the shareholding pattern of this multibagger stock for July to September 2021 quarter, Dolly Khanna holds 3,34,596 shares or 1.89 per cent stake in the company whereas in April to June 2021 shareholding pattern, the marquee investor held 3,12,509 shares or 1.77 per cent stake in the company. That means, Dolly Khanna bought additional 22,087 Rama Phosphates shares in recently ended September 2021 quarter.

Rama Phosphates share price forecast

Nodding with Dolly Khanna's conviction in regard to Rama Phosphates shares, stock market experts see more gain in this Dolly Khanna share. They expect Rama Phosphates share price to go up to 450 in long-term.

Speaking on Rama Phosphates share price outlook; Dr Ravi Singh, Head of Research & Vice President at Share India said, "For the quarter ended 30-06-2021, Rama Phosphates has reported total income of 209.12 crore — up 73.12 per cent from last year total income of 105.51 crore in same quarter. Company has reported net profit after tax of 19.91cCrore in latest quarter. Technically, the share is in consolidation mode and may rebound to touch the target of 400 to 450 in near terms. Investors may take fresh buy position at current levels."

Rama Phosphates shares are one of the multibagger stocks in 2021 in India. The Dolly Khanna share ascended from 94.50 to 317.30 apiece levels in 22021 — yielding around 235 per cent return in YTD time.

This three-bagger stock was one of those 7 stocks that had made an entry in Dolly Khanna stock portfolio in June 2021 quarter.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

ABOUT THE AUTHOR
Asit Manohar
Chief Content Producer at Live Mint Digital Team
Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 13 Oct 2021, 07:45 AM IST
Next Story footLogo
Recommended For You
GENIE RECOMMENDS

Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!

Let’s get started
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie