Shares of Rama Phosphates in intra-day trade on January 17, 2022 were locked in 10% upper circuit at Rs. 382.9. As per the latest shareholding data provided to the exchanges, ace investor Dolly Khanna during the December quarter raised her stake in the scrip to 2.29%- emerging as the top non-institutional shareholder in the scrip.
In the previous September ended quarter, her stake in the firm was at 1.89% with 3,34,596 shares behind Sangeethas stake of 1.98%. Now after an additional equity purchase of 0.4% in the company, the renowned investor has 4,04,947 shares in Rama Phosphates.
The ace investor has also upped her stake in few other stocks namely NDTV, Gandhimathi and Talbros Automotive. Also, she has taken fresh entry in few other multibagger stocks namely Tinna Rubber, Control Print, Simran Farms and Ajanta Soya
The fertiliser stock in the last one-year has produced multibagger returns of 310%, while in a month's time it has gained 21 percent.
Rama Phosphates is a small cap company engaged in manufacturing fertilizers. The company's product range includes Single Super Phosphate, mixed fertilizers as well as chemicals such as Oleum etc. The company's fertilizers are sold across several states in the country under the brand name Suryaphool and Girnar.