Business

When Dolly Khanna bought the stake, the stake in this packaged product company reached a 10% top circuit.

In BSE Sino-Japanese trading on Thursday, packaged food maker Simran Farms’ share price rose 10% to Rs 150.2 per share. After ace investor Dolly Kanna acquired the company’s stock through the open market on Wednesday, investors lined up to buy the stock.

Celebrity investor Dolly Kanna, who holds about 15 shares in the portfolio, bought 22,344 shares of the company at BSE for Rs 135.19 per share. Hemantbhai Satishbhai Patel, a private investor, sold 21,000 shares of the company the previous Tuesday.

According to Trendlyne.com, Dolly Khanna has a net worth of Rs 34.48 billion, increased investment in existing companies such as Nitin Spinners and Rama Phosphates, and made a new entry into Media Socks NDTV in September. Current fiscal year end.

Shares have risen about 40% over the past month, compared to the S & P BSE Sensex’s rise of more than 4%. Shares reached a 52-week high of Rs 166.75 per share on June 28, 2021.

Founded in 1984, Simran Farms became a public limited company in 1993. The Indole-based company has engaged in an integrated poultry and poultry products business and has modernized its parent poultry farm.

Earlier this week, Dolly Kanna bought 140,000 shares of Ajantasoya at a weighted average price of Rs 147.72 per share at BSE, according to bulk trading data on Monday.

The day after her stock purchase, Ajantasoya shares reached a 20% cap and traded at a new 52-week high of Rs 183.75 per share in the daytime trading at BSE on Tuesday.

In terms of investment, Dolly Khanna invested up to Rs 8.4 billion in Rain Industries, followed by KCP Ltd with Rs 7.1 billion, according to Trendlyne.com.



When Dolly Khanna bought the stake, the stake in this packaged product company reached a 10% top circuit.

Source link When Dolly Khanna bought the stake, the stake in this packaged product company reached a 10% top circuit.

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