Dolly Khanna Portfolio: Deepak Spinners Share Price Surges Over 2% on Increased Stake
📈 Dolly Khanna, the veteran investor, has recently increased her stake in textile company Deepak Spinners. In the quarter ending December 2023, Khanna raised her shareholding in Deepak Spinners by 1.83%, up from her previous 1.65% stake.
💼 Currently, Dolly Khanna holds 131,743 shares in Deepak Spinners, according to the company’s shareholding pattern for the December 2023 quarter. The share price of Deepak Spinners closed at Rs. 298.15 on Thursday, marking a growth of over 2%.
📊 In the quarter July-September 2023, Dolly Khanna held 118,743 shares in Deepak Spinners, accounting for a 1.65% stake in the company. As of the end of December 2023, the experienced investor had accumulated a total of 131,743 shares.
💰 This means that Dolly Khanna purchased 13,000 shares in Deepak Spinners during the December quarter. However, it is not clear whether she acquired the shares at once or in multiple transactions. Currently, the share price is trading at Rs. 305.25, reflecting a 2.38% increase.
📈 The shares of Deepak Spinners have witnessed an impressive surge of over 265% in the past three years. On January 15, 2021, the shares were trading at Rs. 81.50. As of January 18, 2024, the share price has reached Rs. 298.15. So far this year, the company’s shares have risen by approximately 17%.
💼 The share price of Deepak Spinners has fluctuated between a high of Rs. 320 and a low of Rs. 215 over the past 52 weeks.
Dolly Khanna’s investment in Deepak Spinners showcases her astute investment decisions and the potential growth prospects of the company. With the recent increase in stake and the upward trajectory of the share price, it will be interesting to see how this investment unfolds in the coming months. Stay tuned for more updates on Dolly Khanna’s portfolio and her investment strategies.
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