(Image credit: Chennai Angels)
Dolly Khanna a.k.a Rajiv Khanna has finally got official recognition of her/ his status as a “wealth wizard” in the latest issue of Forbes.
Forbes has merely confirmed what we, Dolly Khanna’s devoted followers, already know. Anyway, official recognition by a prestigious publication like Forbes means that Dolly’s stock picks will now be taken more seriously by the cognoscenti as well as by the hoi polloi.
In my piece of 8th April 2015, I had drawn attention to the fact that Dolly Khanna’s latest stock pick is Nandan Denim, a micro cap. Dolly holds 5,06,754 shares in Nandan.
Later, I also drew attention to the fact that Sunidhi Securities, which has a good track record for finding winning stocks, had recommended a buy of Nandan Denim for a price target of Rs. 110. On that date, the stock was quoting at Rs. 73.
Now, the good news is that more heavy duty analysts are taking note of Nandan Denim.
Daljeet Kohli of IndiaNivesh has issued a crisp note in which he has succinctly captured the essence of Nandan Denim. Daljeet points out that “The company is on an expansion mode till FY16E which will start showing results from FY17E. It would be the largest manufacturer of denim in the country. It is likely to manufacture shirting with premium quality. Profitability of the company is likely to increase”. Daljeet has also noted the risk factors to his prognosis.
Jignesh Kamani of Nirmal Bang has also conducted an expert analysis of Nandan. He has explained the entire business model of the company, evaluated the state of the Industry and also highlighted the risk factors.
Today, Nandan Denim spurted up a spectacular 12% to rest at Rs. 104. This means that Sunidhi’s target price of Rs. 110 is within touching distance.
Dolly Khanna has already notched up hefty gains from the stock. In the past three months itself, the stock is up a fabulous 68%. If you look at it from the date of Sunidhi’s recommendation, gains of 42% are on the table. Are more gains in store from Nandan Denim? Only time will tell!
Arjun on what basis have you calculated 68% return for Dolly khanna. Do you know the buying price of Dolly or just speculating?
As per your piece of 8th April, its just mentioned that Dolly Khanna has entered into nandan denim is last quarter. Buying price is not available.
Basis of your calculation for 68% return??
Friends,
Do give a look at ITL industries…company increasing its order book and profits continuously still quoting at very low valuations..
yes of course
What about Dolly Khanna’s investment in Venus Remedies. Why we talk only about the profitable purchases and oftenly not where the investor has lost money. I agree with the previous comment that the entry price is not given in Nandan Denim. We must verify the facts before giving putting up for public domain.
Dolly Khanna’s latest pick – NOCIL 🙂 6.2 shares as of 31-Mar. Source of the information is out there -came out 2 days ago.
At what prise buy nocil dolly ji.please reply
What about his other pick Venus remedies..almost down 35-40 % since it appears on the blog. Surprisingly It doesn’t find a place in your blog.
Also another purchase of dolly khanaa IFB agro has lost investors’ confidence….
don’t blindly buy this stock….invest in stocks which will multiply like kitex anuh pharma ambika and the like, most of his stocks have not done well recently, eg rs software,venus,ifb agro,liberty
As per forbes article, Dolly Khanna has a portfolio of 40 stocks. That’s a highly diversified portfolio forfsuch a savvy investor
Agree! Arjun- please give a balanced view of your idols. It’s like highlighting an astrologer for one right prediction and putting him on a pedestal. The right way to judge is see his track record of all his stocks. Unfortunately, you are only sharing his wins. Any vested interests here Arjun??
Dolly KHanna is no Sanjay Bakshi!
BOY
THE COUPLE HAS ENETRED AT 100 A PIECE IN VENUS REMEDIES
HOW COME THEY R AT LOSS
How come? It was reported when the ruling price was approx 160 or so.
Dear friends, I have heard from reliable sources that yesterday Dolly has entered a new mif cap stock named Lycos internet…the stock went up yesterday with a huge volume. Investors please have a look as this stock with great fundamentals presents a great opportunity
lycos internet is like other internet companies but growth depend on their performance