NEW DELHI: The stock of
Butterfly Gandhimathi Appliances traded about 1 per cent shy of its all-time high of Rs 923.85 on Wednesday. The smallcap firm that deals in household appliances has seen a secular rise after it reported strong revenue and improved profitability for the latest quarter.
Ace investor Dolly Khanna held 2,85,050 shares, or 1.6 per cent stake, in the company as of March end, up 10 basis points compared with that at the end of the previous quarter. Her stake was valued at Rs 23 crore as of Wednesday.
Butterfly Gandhimathi Appliances has been a multibagger in the last one year, delivering over 830 per cent return as it rose from Rs 98.30 to hit a new 52-week high of Rs 923.85 earlier this week. (on May 24 2021)
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.