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Dolly Khanna buys a stake in multibagger fashion stock. Do you own?

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Dolly Khanna buys a stake in multibagger fashion stock. Do you own?

Dolly Khanna’s name appears on the list of individual shareholders of Monte Carlo Fashions, who own more than 1% of the company. The information entered the public domain after the Bombay Stock Exchange (BSE) shared on its website the holding pattern of Monte Carlo Fashions for the recently ended December 2021 quarter. In the company’s shareholding model, the Chennai-based ace investor holds a 1% stake in the company.

Those scanning Dolly Khanna’s portfolio for value options should note that Monte Carlo Fashions stock is one of the bulls for 2021, as it has delivered a gain of nearly 190% to its shareholders over the past year. Dolly Khanna’s stake in Monte Carlo Fashions

Dolly Khanna owns 2,08,004 Monte Carlo Fashions shares, representing 1% of the company’s total issued paid-in capital, based on Monte Carlo Fashions’ holdings for the October 2021 to December 2021 quarter. Interestingly, Dolly Khanna’s name is missing from the company’s list of individual shareholders who own more than 1% of the company’s shareholding model from July to September 2021. This means that Dolly Khann purchased these 2,08,004 shares or 1% of the company during the October 2021 to December 2021 quarter.

Monte Carlo Fashions share price history

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Shares of Monte Carlo Fashions are among the bulls for 2021. According to the share price history of Monte Carlo Fashions, the price of this new Dolly Khanna stock has risen from around Rs 225 to Rs 658 in the past year, yielding close to 190%. shareholders of the current period. More recently, this Dolly Cana stock has also paid off handsomely for its shareholders. Shares of Monte Carlo Fashions have surged from around Rs 356 per share to Rs 658 in the past six months, up nearly 85% over the period. Likewise, the share has risen from Rs 573 per share to Rs 658 per share in the past month, up nearly 15% over the period.

Like Dolly Khanna, stock market analysts are highly bullish on the bull stock. They believe this counter can be added to their stock portfolio to achieve the near-term target of Rs 740. Shares of Monte Carlo Fashions are trading at Rs 658 per share today.

Talking about the Monte Carlo Fashion Company’s share price outlook; Choice Broking Executive Director Sumeet Bagadia said: “This new Dolly Khanna stock looks positive on the chart pattern and one can buy and hold the counter at current levels for a month The target is Rs 740 per share with a stop loss at Rs 600.”

Complete News Source : mint

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Ratan Tata, industry titan and national icon, dies at 86

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Ratan Tata, industry titan and national icon, dies at 86

Ratan Tata, who ran Tata Sons for more than 20 years as chairman, died at a Mumbai hospital.

Ratan Tata, the chairman emeritus of Tata Sons, has died, the group announced in a statement on Wednesday. He was 86. Ratan Tata, who ran the conglomerate for more than 20 years as chairman, had been undergoing intensive care in a Mumbai hospital since Monday.

“It is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation,” said N Chandrasekaran, Chairman, Tata Sons, in a late night statement.

On Monday, the industrialist had in a social media post dismissed speculation surrounding his health and had said he was undergoing routine medical investigations due to his age.

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Prime Minister Narendra Modi paid tribute to Ratan Tata, calling him a visionary business leader, compassionate soul, extraordinary human being.

“Ratan Tata endeared himself to people, thanks to his humility, kindness, unwavering commitment to making society better,” PM Modi said in a post on X (formerly Twitter).

After graduating with a degree in architecture at Cornell University, he returned to India and in 1962 began working for the group his great-grandfather had founded nearly a century earlier.

He worked in several Tata companies, including Telco, now Tata Motors Ltd, as well as Tata Steel Ltd, later making his mark by erasing losses and increasing market share at group unit National Radio & Electronics Company.

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In 1991, he took the helm of the conglomerate when his uncle J.R.D. Tata stepped down – the passing of the baton coming just as India embarked on radical reforms that opened up its economy to the world and ushered in an era of high growth.

Under Tata’s leadership, the group launched the Tata Nano, the world’s cheapest car, and expanded its software services arm, Tata Consultancy Services (TCS), into a global IT leader.

Tata stepped down as chairman in 2012 but was later named chairman emeritus of Tata Sons and other group companies, including Tata Motors and Tata Steel. He briefly returned as interim chairman in 2016 during a leadership dispute.

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