Ace investor Dolly Khanna trims her stake in this underperforming midcap refinery stock in June quarter: Check details

As per the latest shareholding filed by Chennai Petroleum Corporation, ace investor Dolly Khanna has pared her stake. As of the June quarter, the shareholding data doesn't show her name as the public shareholder. Importantly, this publicly disclosed data reveals the names of shareholders who own a 1 per cent and more stake in the entity.

After the stake sale, shares of the midcap refinery and marketing company were seen trading higher by over 1 per cent at Rs 743.5 per share.

In the previous March quarter, as per the shareholdind data, the investor held 16,18,520 equity shares or 1.09 per cent stake.

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As per the Trendlyne data, the investor's stake in the entity has reduced to below 1 per cent for the first time. In the June quarter of the previous fiscal year, the investor held 1.1 per cent stake.

Dolly Khanna's other top holdings by value

Other top holding of Dolly Khanna include GHCL Ltd., Mangalore Chemicals, National Oxygen and Som Distilleries. As per the latest data available, the investor holds

as many as16 stocks with a net worth of over Rs. 450.8 crore.

Chennai Petroleum Corporation

The downstream company's stock price cracked 28 per cent in the last one year, while its 3-year return was at 178 per cent.