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Butterfly Gandhimathi's public shareholders vote against merger with Crompton

Crompton Greaves currently holds 75 percent in Butterfly Gandhimathi and is classified as a promoter entity. It was already consolidating Butterfly’s financials post its majority stake acquisition in 2022. ....

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Dolly Khanna: After rising 830% in a year, this Dolly Khanna stock is still going great guns

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) ....

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