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Deepak Spinners Hit New High 18%

Shares of Deepak Spinners Ltd rallied 18 per cent and hit a new high of Rs 199 on the BSE in intra-day trade on Friday after investor Dolly Khanna bought a 1 per cent stake in the textiles company via the open market.

On Thursday, June 24, 2021, Dolly Khanna purchased 76,555 shares, representing a 1.06 per cent stake, in Deepak Spinners worth Rs 1.28 crore via the open market. Dolly Khanna acquired shares at Rs 167.21 per cent through a bulk deal on the BSE, the exchange data shows.

Survat Jain has sold 41,302 shares for Rs 156.43 per share, the data shows. The names of the other sellers were not ascertained immediately. Dolly Khanna, who has been investing in the stock markets since 1996, has a net worth of over Rs 248 crore, as per Trendline. She holds a more than 1 per cent stake in nine listed companies include Rain Industries, KCP, Neuland Laboratories, Nucleus Software, Butterfly Gandhimathi Appliances and NCL Industries, Trendlyne data shows.

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