Meet Dolly Khanna, a Chennai-based investor who is making a killing in stock market and is worth over Rs 200 crore
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We bet you haven’t heard of Dolly Khanna . There are many investors who are making a killing in stock market and she is one of them.
Chennai-based marquee investor, Khanna is worth over Rs 200 crore and all this by investing in lesser known stocks and identifying them at the right time.
Khanna is named among the top individual investors on Dalal Street. In 2014, she picked Nilkamal, one of India's top manufactures of home and office furniture, and in last three years, the stock went up nearly 900%. This means an investment of Rs 1,00,000 in the stock back then would have become nearly Rs 10 lakh in three years.
As per the BSE website, Khanna bought 1.02% stake in the company in the first quarter of 2014. Presently, she holds around 1.60% stake in the company.
The stock has soared 897 per cent, or nearly 10 times, to Rs 1,966.25 as of March 20, 2017 from Rs 197.30 on March 31, 2014
"We like Nilkamal, because the organised sector in plastics and furnishings is actually gaining a lot of ground compared with unorganised players, which own a substantial part of the market,” Deepak Shenoy, Founder, Capital Mind, told ETNow earlier this month.
Khanna has been investing in the domestic stock market since 1996 and her portfolio is entirely managed by her husbandRajiv Khanna . Besides Nilkamal, Trident and Manappuram Finance are two notable companies in which Dolly Khanna held 1.03 per cent and 1.13 per cent stakes as of December 31, 2016.
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Chennai-based marquee investor, Khanna is worth over Rs 200 crore and all this by investing in lesser known stocks and identifying them at the right time.
Khanna is named among the top individual investors on Dalal Street. In 2014, she picked Nilkamal, one of India's top manufactures of home and office furniture, and in last three years, the stock went up nearly 900%. This means an investment of Rs 1,00,000 in the stock back then would have become nearly Rs 10 lakh in three years.
As per the BSE website, Khanna bought 1.02% stake in the company in the first quarter of 2014. Presently, she holds around 1.60% stake in the company.
The stock has soared 897 per cent, or nearly 10 times, to Rs 1,966.25 as of March 20, 2017 from Rs 197.30 on March 31, 2014
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Khanna has been investing in the domestic stock market since 1996 and her portfolio is entirely managed by her husband
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