Dolly Khanna, the celebrated Chennai-based investor known for her shrewd stock picks, has recently reshaped her investment portfolio, signaling strategic shifts. As of September 30, 2024, her portfolio comprises 19 publicly held stocks with a net worth exceeding Rs 469.8 crore. Notably, Khanna has increased her stakes in Emkay Global Financial Services Ltd., 20 Microns Ltd., and POCL Enterprises Ltd., while reducing her holdings in Repco Home Finance Ltd., J Kumar Infraprojects Ltd., and Som Distilleries & Breweries Ltd. These changes highlight her strategic approach to navigating India's volatile stock market.

Strategic Increases in Key Holdings

Emkay Global Financial Services Ltd.
Khanna has acquired 615,347 shares, which translates to a 2.48% stake in the company. This investment highlights her confidence in the financial services sector, particularly in Emkay's growth prospects.

20 Microns Ltd.
By adding 454,392 shares to her portfolio, Khanna now holds a 1.29% stake in this prominent micronized minerals producer. This move underscores her positive outlook on the company's market position and future potential.

POCL Enterprises Ltd.
Her increased stake in this chemical manufacturing firm reflects her interest in the growth trajectory of the sector and the company’s expanding market share.

Reductions in Select Investments

Repco Home Finance Ltd.
Khanna has reduced her holding in this housing finance company, likely reallocating resources to other promising sectors or stocks.

J Kumar Infraprojects Ltd.
The reduction in stake signals a reassessment of the company's performance and future growth in infrastructure projects.

Som Distilleries & Breweries Ltd.
A trimmed position in this stock indicates a cautious stance toward the company’s market dynamics and revenue potential.

Sectoral Preferences and Investment Philosophy

Khanna’s portfolio heavily leans towards traditional sectors such as manufacturing, textiles, chemicals, and sugar. Her investment strategy revolves around identifying undervalued stocks with robust fundamentals, often overlooked by institutional investors. This method reflects her knack for uncovering hidden opportunities in high-potential markets.

Conclusion

Dolly Khanna's recent portfolio changes demonstrate her strategic adaptability in India's ever-evolving stock market. By increasing stakes in high-growth companies and reducing exposure in others, she continues to align her investments with market conditions and emerging opportunities. Her ability to identify undervalued gems remains a hallmark of her investment philosophy.