Dolly Khanna adds multibaggers JKumar Infraprojects, Ujjivan Financial Services in December quarter
Dolly Khanna added multibagger JKumar Infraprojects in her portfolio in the quarter ended December 30, 2023 along with two more stocks Ujjivan Financial Services and Zuari Industries (ZIL).
Want to take exposure to a sector which grows much faster than GDP
She bought 758,303 shares in JKumar Infraprojects which translates into 1% stake in the company. Meanwhile, in Ujjivan Financial Services her holding at the end of December quarter stood at 1.13% and in Zuari it was at 1.23%.
Shareholding of individual investors is reflected in the ‘Shareholding Pattern’ of BSE-listed companies only when it reaches 1% stake or above in a company.
JKumar Infraprojects is a Mumbai-based infrastructure company which develops urban infra, roads & flyovers, skywalks and undertakes metro and railway projects.
The JKumar shares have delivered multibagger returns of 117% in the past 12 months which is significantly more than the 19% returns given by Nifty during this period.
Ujjivan Financial Services was founded by Samit Ghosh and it offers financial services and credit lines to customers. It also has a wholly-owned subsidiary Ujjivan Small Finance Bank which is also a listed entity and has been running banking operations since February 2017.
This is another multibagger counter picked by Khanna in December. Its returns over a 1-year period stand at 110%.
In the meantime, Zuari Industries has delivered impressive returns of 97%. ZIL is the holding company of Adventz Group, a diversified conglomerate with a long legacy of over five decades. It has four major industry verticals viz. agrochemicals, engineering & infrastructure, real estate and lifestyle & services.
The investor also trimmed stakes in multibagger Chennai Petroleum
