Dolly Khanna Portfolio: Ace investor trims stake in this multibagger stock that gained 12x in 2 years

Celebrity investor Dolly Khanna has been booking profit in this multibagger stock for the last three quarters, she sold around 0.1 per cent stake each in the December and September quarter of 2022

Dolly Khanna publicly holds 15 stocks with a net worth of over Rs 240.5 crore as of April 06, 2023 - Image Source: PTI

Ace investor Dolly Khanna trimmed nearly 0.2 per cent stakes in this multibagger stock during the March 2023 quarter, according to the shareholding pattern available on exchanges.

Chennai-based investor Dolly Khanna has 1,20,520 equity shares or 1.42 per cent stake in Tinna Rubber and Infrastructure, according to the March 2023 shareholding pattern of the company.

According to Sebi norms, all the listed companies have an obligation to disclose the names of their key shareholders owning a per cent or more on a quarterly basis.

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In December 2022 quarter, the renowned investor had 1,38,424 equity shares of 1.62 per cent holding in a rubber and speciality chemical manufacturing company.

This means Khanna has sold about 17,904 equity shares or 0.2 per cent stake in Tinna Rubber during the March quarter.

Khanna has been booking profit in this multibagger stock for the last three quarters, she sold around 0.1 per cent stake each in December and September quarter of 2022.

The renowned investor, whose portfolio is monitored by many investors, publicly holds 15 stocks with a net worth of over Rs 240.5 crore as of April 06, 2023.

Her portfolio typically leans towards more traditional stocks in textile and chemicals, as per the stock analysis website trnedlyne.com.

Tinna Rubber Share Price History

Tinna Rubber’s share price has grown nearly 12 times in the last two years from Rs 35 per share on April 15, 2021 to Rs 442 apiece today’s closing on the NSE.

The stock has gained 25 per cent in the last one year against a per cent fall in the benchmark index and it cracked 17 per cent in the last six months compared to a 1.6 per cent rise in the Nifty50.

The stock ended flat with a positive bias, up 0.36 per cent to Rs 442 per share on the NSE.

About Tinna Rubber

Tinna Rubber and Infrastructure Limited was founded in 1977 and it is a fully integrated company converting waste tyres into downstream value-added products.

It started the automation of rubber compounding for the manufacturing of footwear soling sheets during the early days of business.

Almost a decade ago, the company became the largest producer of tyre crumb in India, using 50,000 metric tonnes of tyre rubber in an ecofriendly way and has also set up the most modern and environment-friendly plant for rubber reclaim.

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