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By Malvika Gurung
Investing.com -- The apparel retailer and clothing company Monte Carlo Fashions (NS:MOCF) has released its latest shareholding pattern, which no longer lists renowned investor Dolly Khanna’s name among its top investors for the quarter ending March 2022.
This means that the Chennai-based investor has either exited the stock in the March quarter or has slashed her holding in the clothing company to under 1%, as the shareholding pattern enlists the names of only those shareholders who hold a stake of at least 1% in the company.
The seasoned investor had entered the multibagger fashion stock in the third quarter of FY22, and as of Dec 31, 2022, she held 2,08,004 equity shares of the company, or a 1% stake.
Companies have to compulsorily release the names of all the shareholders holding at least a 1% stake in the company, every quarter.
The multibagger stock’s shares have surged 20% in the past month and zoomed 50% in the past 6 months. A Mint coverage states that the scrip has rallied a whopping 165% in the past year.
Dolly Khanna publicly holds 25 stocks, with a net worth of over Rs 648 crore, as per Trendlyne data.