Dolly Khanna is known for betting on lesser-known small-cap and micro-cap stocks that can generate alpha returns in a short period. That’s why many Dolly Cana stocks have delivered solid multiple returns over the past few years, especially after the post-COVID-19 market rebound. Dolly Khanna portfolio stocks dominate both the multi-bag and multi-bag lists of penny stocks. However, for those who follow Dolly Khanna’s portfolio to see where the smart money is going in the Indian stock market, it’s also important to book profits on time.

Dolly Khanna has profited from chemical stock Khaitan Chemicals and Fertilisers, which has returned 45% to shareholders so far this year. Chemicals stocks have been in a sell-off over the past month, down about 10%. The Chennai-based investor profited from the public listing of Khaitan Chemicals shares once the company’s April-June 2022 holding pattern was published on the Indian stock exchange website.

In the chemical company’s latest ownership model, Dolly Khanna’s name is missing from the list of individual shareholders who own 1% or more of the company as of June 30, 2022.

Dolly Khanna’s shareholding in Khaitan Chemicals:

According to Khaitan Chemicals’ shareholding model for the first quarter of fiscal 2023, Dolly Khanna’s name is not on the list of individual shareholders, while the ace investor holds 9,89,591 shares or 1.02% of the company. This means that Dolly Khanna reduced her holdings between April 2022 and June 2022. However, the ace investor certainly sold her entire stake, or she sold her stake in the chemical stock, so her stake fell below 1% of the company’s total paid-in capital.

According to exchange regulations, listed companies must designate shareholders who hold more than 1% of the company’s shares and share the company’s shareholding pattern in the previous quarter. However, the companies are not required to share details of buying and selling shares. Therefore, it cannot be determined whether the ace investor has reduced his entire stake or still holds less than 1% of the chemical company’s total paid-in capital.

Dolly Khanna added this chemical stock to her portfolio for the January-March 2022 quarter. That means the ace investor has already made a profit after owning only a quarter of the stock.