Multibagger Stock: Dolly Khanna portfolio Stock Rama Phosphates is one of 7 stocks that the Chennai-based investor added to his portfolio for the April to June 2021 quarter. Fertilizer manufacturer company has been giving excellent returns to its shareholders throughout the year. This stock is one of the multibagger stocks of 2021. This multibagger stock in Dolly Khanna portfolio rose from Rs 59.55 to Rs 303 per share in 2021. That is, according to the year to date (YTD), this stock has increased by 220 percent.
According to market experts, the stock is still looking bullish as the company has reduced its debt by almost 75% in FY21 and today it is almost a debt free company. Market experts advise investors to buy over the counter at current levels for a long term target of Rs 600. However, Rs 350 to Rs 400 is the tatkal hurdle zone for Dolly Khanna counters.
Dolly Khanna’s stake in Rama Phosphate
As per the shareholding pattern of this multibagger stock for the quarter April to June 2021, Dolly Khanna holds 3,12,509 shares of the company, which is approximately 1.77 per cent of the total issue of the company’s net paid-up capital. The Chennai-based investor had bought this stake in Rama Phosphates during the April-June 2021 quarter.
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