Dolly Khanna Portfolio: Despite the weak stock market sentiment, some quality stocks have managed to deliver great returns to their shareholders. Shares of Butterfly Gandhimati Appliances is one of them. This stock of Dolly Khanna hit the upper circuit on Friday when the stock market fell heavily on weak global cues. In fact, on Wednesday and Thursday also, there was an effect of upper circuit in the share price of Butterfly Gandhimati Appliances. Hence, the stock hit the upper circuit in 3 out of 5 sessions last week. However, stock market experts are expecting further upside in this multibagger stock of 2021.
According to stock market experts, the multibagger in Dolly Khanna’s portfolio may give fresh breakout on the stock. Based on the 1070 closing soon. In that case, the stock is expected to be highly bullish and may go up 1150 in a month from current levels.
Advising stock market investors to buy Dolly Khanna’s portfolio stock; Manoj Dalmiya, Founder & Director, Proficient Equities Ltd. said, “The stock chart looks bullish on the pattern. One can almost buy this over the counter. For the immediate short term target of 1050 maintain stop loss at 1117 1019.”
on their suggestions to positional investors; Sumeet Bagadiya, Executive Director, Choice Broking said, “This Multibagger stock chart looks bullish on the pattern and may give a breakout after the upside closes. 1070 in the near term. Hence, positional investors are advised to buy counter at current levels for the target of one month from 1100 1150. However, investors are advised to maintain a slightly deeper stop loss 970 levels and any further decline of 4-5 per cent should be seen as an opportunity for further accumulation.”
Multibagger returns in 2021
This Dolly Khanna Portfolio stock is one of the multibagger stocks in 2021. This stock has risen to close 460 to 1045 level, gives its shareholders year-on-year ie around 125 per cent return in 2021.
Dolly Khanna’s stake in Butterfly Gandhimati Appliances
As per the shareholding pattern of Butterfly Gandhimathi Appliances for Q2Fy22, Dolly Khanna holds 2,12,639 shares, which is 1.19 per cent of the total paid-up capital of the company.
Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.
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