Seasoned investor Dolly Khanna has recently bought this micro market cap stock; do you own it?
She has purchased a 1.17 per cent stake in the company.
Dolly Khanna is well-known for making stock investments in lesser-known companies that tend to outperform the market. Dolly began investing in the stock market in 1966.
She had 26 stocks in her portfolio as of August 4, with a portfolio market value of Rs 566 crore. She prefers to invest in stocks that operate in more traditional industries, such as manufacturing, refineries, and textiles.
Rajiv Khanna, Dolly Khanna's husband, assists her in managing her portfolio. Because of their track record of consistently identifying future multibagger stocks, this couple has high credibility among Indian investors.
Rain Industries, NOCIL, Thirumalai Chemical, and Embay Global are just a few of the stocks that the Khannas identified early on as having the potential to generate multibagger returns.
Dolly Khanna has taken a new position in Zuari Industries, according to recent June filings. She purchased a 1.17 per cent stake in the company.
Zuari Industries Ltd is the holding company for the Adventz Group of Companies and operates in a variety of industries including real estate, heavy engineering, lifestyle, and fertiliser. The group consists of a total of 23 companies. The company also sells sugar and byproducts, furniture, ethanol, and generates power.
Talking about financials, the company has generated poor results. The company has never made a profit in the last nine years. Furthermore, 10-year revenue growth remains disappointing at -9 per cent.
In terms of shareholding, the promoters own 56.81 per cent, FIIs and DIIs own 1.21 per cent, the government owns 0.04 per cent, and non-institutional investors own the remaining 41.94 per cent.
The company is trading at 0.19 times its book value and has a market capitalization of Rs 490 crore. The stock has a 52-week high of Rs 216.85 and a low of Rs 115, respectively.