Synopsis
Shares of the company were trading up 3.51 per cent at Rs 531.60. The Tamil Nadu-based kitchen appliances maker is currently valued at Rs 950.48 crore.
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Companies name shareholders only if individual holdings rise above 1%.
NEW DELHI: Shares of Butterfly Gandhimathi Appliances gained over 3 per cent on Monday after value investor Dolly Khanna bought a stake in the company, according to the latest shareholding data released by the firm.
The data for the December quarter shows Dolly Khanna owns 2,68,050 shares, equivalent to a 1.5 per cent stake, in the company. It could not be ascertained if she earlier held any shares of the company, as firms publish names of shareholders only if their individual holdings rise above 1 per cent.