Stock market today: Multibagger Dolly Khanna portfolio stock Selan Exploration hits lifetime high despite sharp sell-off

livemint.com:

Dolly Khanna portfolio: Selan Exploration Technology share price has been on an uptrend since mid-March 2024. After bottoming out at ₹410 apiece level on 14th March 2024, Selan Exploration share price has been rising to new peaks regularly. This Dolly Khanna latest portfolio entrant today opened upside at ₹599 apiece and went on to touch an intraday high of ₹683.70 per share on NSE within an hour of the stock market's opening bell.

While climbing to this intraday peak, the Dolly Khanna portfolio stock logged an intraday rally of nearly 15 percent and it went on to touch a new lifetime high as well. As per the shareholding pattern of Selan Exploration Technology Ltd for the January to March 2024 quarter, the Chennai-based ace investor's name appeared in the list of individual shareholders of the company. Dolly Khanna owns 1,56,594 Selan Exploration shares, which is 1.03 percent of the total paid-up capital of the company.

However, in the shareholding pattern of the October to December 2023 quarter, Dolly Khanna's name was missing from the list of individual shareholders of the company. This means Dolly Khanna picked up a stake in Selan Exploration Technology Ltd during the January to March 2024 quarter. Selan Exploration shares are one of the multibagger stocks that the Indian stock market has delivered in recent years.

The small-cap stock with a market cap of around ₹1000 crore has risen from around ₹417 to ₹683.70 apiece, recording around 60 percent rally in one month. In YTD time, this multibagger Dolly Khanna stock has given a 35 percent return to its shareholders. In the last six months, this multibagger stock has risen to the tune of over 40 percent.