'Accidental investor' Dolly Khanna's Q4FY19 performance on Dalal Street
Khanna had made a negligible amount of investment whereas sold shares in six stocks.
Dolly Khanna along with her husband Rajiv Khanna seemed to have had a stagnant performance in the stock market for Q4FY19. Khanna, popularly known as the accidental investor who picks out not so known stocks which turn out to over perform and hence fill their pockets. However, in the quarter end, Khanna had made a negligible amount of investment whereas sold shares in six stocks. Apart from that Khanna witnessed a decline of 44% in the last quarter, making her net worth of Rs 269.58 crores.
In the last quarter, Khanna remained considerably inactive when it came to buying shares. She just gambled her way into the stocks of Radico Khaitan Ltd., having a share holding of 0.01%
Seems like Dolly Khanna went on a spring cleaning spree the last quarter as she sold her shares in six stocks. To begin with, she sold 0.44% shares in her top stock investments, Rain Industries Ltd. Now she holds 2.22% of the shares in the said stock, with 7,478,042 shares, worth Rs 72.7 crores
Moving on, she sold 0.36% shares in RSWM Ltd. stocks during Q4FY19, leaving her with 1.25% stake in 294,036 shares, worth Rs 4.3 crores
Ruchira Papers Ltd. was third in the lost to face heavy selling by the ace investor. Khanna now holds 1.11% stakes in 270,188 shares by selling off 0.33% of the shares.
Chemical manufacturing company NOCIL Ltd., one of her top stocks, too faced 0.27% of share sell. Now, Khanna holds 2.14% of the stakes in 3,540,025 share worth Rs 41.3 crore.
Adding to the list was 0.24% share sell of IFB Agro Industries Ltd. by Khanna, making her hold just 1.30% stakes in 121,902 shares. The net worth here remains Rs 5 crores.
Last but not the least, the furniture company Nilkamal Ltd. had to undergo selling by the investor. Khanna sold 0.21% of shares, leaving her with 1.83% stakes in 272,985 shares worth Rs 30.7 crores.