Dolly Khanna News: Deepak Spinners shares had a great rise today. The company’s stock rose up to 20 per cent during trading on the BSE. Veteran investor Dolly Khanna has bought more than 1 per cent stake in the company.
Shares of Deepak Spinners jumped 20 per cent on Friday.
Shares of textile company Deepak Spinners jumped 20 percent during trading on the BSE on Friday to reach a new record of Rs 201.90. Veteran investor Dolly Khanna has bought 1 per cent stake in the company through the open market. On Thursday, he bought 76,555 shares of the company for Rs 1.28 crore, which is equivalent to 1.06 per cent stake. The company’s shares got wings due to this news.
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The company’s shares are not listed on the National Stock Exchange.
According to the exchange data, Dolly Khanna bought at Rs 167.21 per share. Suvrat Jain sold 41,302 shares in the company at a price of Rs 156.43. The rest of the investors who sold the shares were not immediately known. Deepak Spinners Dye is a leading manufacturer of Synthetic Yarn. The company also exports to countries like Syria, Middle East, Turkey, Belgium and USA. The company’s shares are not listed on the National Stock Exchange.
Profile of Dolly Khanna
Dolly Khanna has been investing in the stock market since 1996 and according to Trendlyne her net worth is more than Rs 248 crores. He holds more than 1 per cent stake in nine listed companies. These include Rain Industries, KCP, Neuland Laboratories, Nucleus Software, Butterfly Gandhimathi Appliances and NCL Industries.
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