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Dolly Khanna books profit in this multibagger fashion stock in Q4

22 Apr , 2022   By : Kanchan Joshi


Dolly Khanna books profit in this multibagger fashion stock in Q4

Dolly Khanna portfolio: Chennai-based investor has done a lot of rejig in her portfolio in recently ended March 2022 quarter. The marquee investor entered 6 new stocks in Q4FY22 and booked partial profit in 6 portfolio stocks. However, the market magnet has dropped surprise for Dalal Street observers after bookin profit in multibagger fashion stock Monte Carlo Fashions. In shareholding pattern of the company for Q4 FY2021-22, Dolly Khanna's name is missing from the list of individual shareholders.


Dolly Khanna shareholding in Monte Carlo Fashions


As mentioned above, according to Monte Carlo Fashions shareholding pattern for Q4FY22, Dolly Khanna's name is missing from the list of individual shareholders who own 1 per cent shares of the company. In shareholding pattern for December 2021 quarter, Dolly Khanna was holding 2,08,004 Monte Carlo Fashions shares, which was near 1 per cent of total paid-up capital of the company. This means Dolly Khanna sold out her company shares during Q4 FY2021-22.


However, it would be difficult to ascertain whether Dolly Khanna sold out her entire Monte Carlo Fashions shares or she sold out Monte Carlo Fashions shares to an extent that her shareholding in the company came below 1 per cent. As per the exchange communication rules, it is mandatory for a listed company to share names of individual shareholders who own 1 per cent or more shares in the company.


Monte Carlo Fashions share price history


In last one month, Monte Carlo Fashions share price has surged from around Rs499 to Rs595 apiece levels, logging around 20 per cent appreciation in this time. In last 6 months, this Dolly Khanna share has shot up from around Rs390 to Rs595, delivering around 50 per cent return to its shareholders. However, in last one year, this multibagger Dolly Khanna share's price has ascended from Rs223 to Rs595 levels, logging 165 per cent rise in this period.


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