Dolly Khanna posts profits in this multibagger fashion stock in the fourth quarter

Dolly Khanna Portfolio: The Chennai-based investor made a lot of shuffles in his portfolio during the March 2022 quarter which recently ended. The renowned investor entered 6 new stocks in Q4FY22 and took a partial profit in 6 portfolio stocks. However, the market magnet dropped the surprise for Dalal Street watchers after posting profits in multibagger fashion stock Monte Carlo Fashions. In the company’s shareholding plan for the fourth quarter of fiscal year 2021-22, Dolly Khanna’s name is missing from the list of individual shareholders.

Shareholding of Dolly Khanna in Monte Carlo Fashions

As mentioned above, according to the Monte Carlo Fashions shareholding model for Q4FY22, Dolly Khanna’s name is missing from the list of individual shareholders who hold 1% of the company’s shares. In the shareholding plan for the December 2021 quarter, Dolly Khanna held 2,08,004 Monte Carlo Fashions shares, or nearly 1% of the company’s total paid-in capital. This means that Dolly Khanna sold her company’s shares during the fourth quarter of the 2021-22 financial year.

However, it would be difficult to determine whether Dolly Khanna sold all of her Monte Carlo Fashions shares or whether she sold Monte Carlo Fashions shares to such an extent that her stake in the company was less than 1%. In accordance with exchange disclosure rules, it is mandatory for a listed company to share the names of individual shareholders who hold 1% or more of the company’s shares.

Monte Carlo Fashions share price history

Over the past month, the Monte Carlo Fashions share price has jumped around 499 to 595 levels each, registering an appreciation of about 20% during this period. Over the past 6 months, this share of Dolly Khanna has climbed by approximately 390 to 595, offering a return of approximately 50% to its shareholders. However, over the past year, the price of this Dolly Khanna multibagger action has gone from 223 to 595 levels, registering an increase of 165% during this period.

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About Stuart M. McFarland

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