In KCP Sugar, Dolly Khanna raised her stake to 1.35% in the December quarter from 1.26% in the September quarter. This smallcap scrip has been a market laggard with 14% returns, which remains below Niftys returns.
Khanna s holding in Delhi-headquartered Prakash Pipes stood at 3.24% at the end of the September quarter, up by 46 bps from 2.78% in the previous quarter. This is another stock which has defied market trends and outperformed Nifty on 1-year and YTD basis and given over 80% returns in both timeframes.
Prakash Pipes shares climbed 4.5 per cent in Thursday's trade to hit a fresh high of Rs 310.65 on BSE. With this, the stock has climbed 132 per cent from its January low of Rs 134. This did not deter Khanna buy more quantities.