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Dolly Khanna Portfolio: When the stock market becomes directionless. If you do not understand in which direction the market is going, then the portfolio of the market stalwarts should pay attention to where they are investing these days. Some day there is a big fall in the stock market and some day there is a huge boom. Due to which the investors are confused. But let us tell you where the strong investor Dolly Khanna has increased investment in the market.
Dolly Khanna’s biggest investment
The data that came out after the first quarter of 2022-23 revealed that Dolly Khanna holds a 3.3 percent stake in Chennai Petroleum Corporation Limited. This is the first time that Dolly Khanna’s name has appeared in the list of investors of the company. Dolly Khanna’s holding value in Chennai Petroleum is Rs 117.8 crore. This is the largest investment among all the stocks in his portfolio. Dolly Khanna has 48,69,474 shares in Chennai Petroleum.
Dolly Khanna’s Multibagger Investment
It is difficult to say when Dolly Khanna started investing in Chennai Petroleum. Because whenever an investor has more than 1 percent stake in a company, only then his name is disclosed under the regulatory rules. It is possible that Dolly Khanna may have started buying shares of Chennai Petroleum earlier, but more than one per cent stake may have happened during the April-June quarter. But one thing is certain that like every investment of Dolly Khanna, investment in Chennai Petroleum has also proved to be a multibagger.
Chennai Petroleum becomes multibagger stock
Chennai Petroleum is currently trading at Rs 242.75. During the first wave of Corona, the stock of Chennai Petroleum was trading at Rs 60 in the first week of May, 2020. A year ago, the share price used to be around Rs 94. That is, in about 28 months, the stock of Chennai Petroleum has given a multibagger return of more than 300.
Disclaimer: (The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. Anyone from ABPLive.com Also investing money is never advised here.)
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