Dolly Khanna’s incredible sense of timing never ceases to amaze even though we have seen it earlier in so many of her stock picks like Liberty Shoes, Nilkamal, RS Software, Cera Sanitaryware, etc. It appears as if the stocks were waiting for Dolly’s magic wand to grace them before they make their upward move.
Avanti Seeds is the latest to join that distinguished list. I wrote about it just a few days ago “What Is Dolly Khanna’s Game-Plan In Buying Avanti Feeds?” and in just those few days, the stock is up an incredible 43%. On a YOY basis, Avanti Feeds is up a mind-boggling 545%.
The euphoria in Avanti Feeds was caused by it reporting stellar Q1FY15 results. The net profit for Q1FY15 surged 80% to Rs 25.62 crore as compared to Rs 14.23 crore in Q1FY14. The total income from operations for the quarter grew 76% to Rs 478 crore against Rs 271 crore in the corresponding quarter of previous fiscal.
The other factor that contributed to the bullish mood is NAMO’s tweet that “We heard of White & Green Revolution but now we need a Blue Revolution & harness the potential in fisheries sector”. NAMO linked to his website where more details are given on the plan to extend the benefits of scientific research to the fisheries sector.
NAMO’s timing of the tweet was just perfect as it coincided with Avanti’s declaration of results. Who knows, maybe Dolly Khanna’s magic wand had something to do with it!
Another stock that has brought a big smile to Dolly’s lips is Hawkins Cookers. The stock reported block-buster Q1FY15 results and has been locked in upper circuit since then. Dolly is the largest individual shareholder with 88,000 shares. Some other distinguished shareholders of Hawkins are Basant Maheshwari, Megh Manseta and SBI Magnum Mutual Fund which is headed by whiz-kid R. Srinivasan. All of them have been well rewarded for their patience in sticking with Hawkins during its difficult period.
However, two of Dolly Khanna’s stocks have been under the weather. Liberty Shoes and Nilkamal reported luke-warm Q1FY15 results and were punished. However, this may be an opportunity to load up on these stocks. Daljeet Kohli has recommended a buy of Liberty Shoes on the premise that the company will make up for the lost sales in the succeeding Quarter. Nilkamal is an equally strong contender.
So, if you are a die-hard fan of Dolly Khanna (who isn’t!), this may be an opportune time to tuck into her favourite stocks before they resume their upward march.