Dolly Khanna trims portfolio in September quarter; 7 stocks which rose 100-300%

The Chennai-based couple Dolly Khanna and Rajiv Khanna have a knack for spotting multibagger stocks and knows when to book profits. The September quarter shareholding data suggests that the couple trimmed stake in 80 percent of companies in which they hold more than 1 percent.

A major churn happened during the September quarter as they exited or brought down their holding below 1 percent from 11 different companies in the September quarter.

According to a report, Rajiv Khanna started investing in the market back in the year 1996 with an initial investment of Rs 1 crore which now worth over Rs 400 crore.

Dolly Khanna, along with her husband who has been her investment advisor, raised stake in 2 stocks in her portfolio while she trimmed shareholding in 11 companies.

Some of their investments such as NOCIL and Rain Industries rose 400-1000 percent in the last five years while Emkay Global Financial Servicesa nd Ruchira Papers vaulted over 1000 percent in the same period.

Rajiv Khanna, who invests in the name of his wife Dolly, has a portfolio of 14 securities at the end of September quarter, down from 24 recorded for the quarter ended June, according to data compiled by Capitaline.

Dolly Khanna added Amarjothi Spinning Mills in her portfolio in the September quarter. This company has already rallied over 50 percent so far in the year 2017 and nearly 400 percent in the last 5 years. The shareholding at the end of September quarter was 1.15 percent.

Amarjothi Spinning Mills Limited is engaged primarily in the manufacturing of yarn. The Company dyes fibers, such as cotton, organic cotton, viscose, modal, polyester, excel, bamboo and acrylic. It owns approximately 10 windmills.

The chunk of the money has been invested in mid and smallcap names. Dolly Khanna preferred to book profits in the quarter ended September as she reduced stake in 11 companies compared to previous quarter.

Companies in which Dolly Khanna reduced stake from June quarter include names like NOCIL, Thirumalai Chemicals, IFB Agro Industries, Tata Metaliks, Srikalahasthi Pipes, Sterling Tools, Nandan Denim, Emkay Global Financial Services, LT Foods, and Ruchira Papers.

Out of the portfolio of 24 stocks in the June quarter, Dolly Khana reduced stake in 11 companies below 1 percent which include names likes GNFC, RSWM, Shreyans Industries, Nilkamal, Dhampur Sugar, Trident, Aksharchem (India) Ltd, Dai Ichi Karkaria Ltd, Nitin Spinners, PPAP Automotive, and Asian Granito.

Top 7 stocks, which more than doubled investors wealth so far in the year 2017, include names like LT Foods, Dwarikesh Sugars, NOCIL, Tata Metaliks, Emkay Global Financial Services, Rain Industries, and Thirumalai Chemicals.

Dolly raised stake in two companies, which more than doubled investors’ wealth so far in the year 2017, include names like Rain Industries and Dwarikesh Sugars, data showed. She reduced stake in most of the other companies which rose more than 100 percent.