This multibagger stock grew by 125% in one year, yet the veteran investor reduced his stake


Multibagger Stock: Chennai-based veteran investor Dolly Khanna is known to invest in small-cap and mid-cap stocks that people don’t pay much attention to. However, their chosen stocks outperform the benchmark index returns by a huge margin. The stock of Talbros Automotive Components is the latest example of this. This veteran investor of India has recently reduced his stake in the company from 1.51 percent to 1.25 percent in the September 2021 quarter.

Dolly Khanna’s stake in this multibagger stock
According to the Talbros Automotive Components shareholding pattern for the July to September 2021 quarter, Dolly Khanna holds 1,54,061 shares or 1.25 per cent stake in the company, while the veteran investor holds 1,86,054 as per the company’s shareholding pattern for the April to June 2021 quarter. shares or was 1.51 percent stake. This means that Dolly Khanna has sold 31,993 shares or 0.26 percent stake in the company in Q2FY22.

Share Price History of Talbros Automotive Components
As per the share price history of this multibagger stock, it has risen from around ₹150 to ₹265 per share level in the year-to-date i.e. 2021 i.e. a growth of about 75 percent in this period. Similarly, in the last one year, the share price of Talbros Automotive Components has increased from around ₹117 to ₹265, thereby making a profit of about 125 percent to its shareholders. However, this stock of Dolly Khanna has been under selling pressure for some time as the multibagger stock has gone down by about 5.50 percent in the last one month.

Disclaimer: (The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. Anyone from ABPLive.com Also investing money is never advised here.)

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