Dolly Khanna, a Chennai-based ace investor renowned for spotting under-the-radar stocks, has been a prominent figure in the Indian stock market since 1996. Her portfolio, managed by her husband Rajiv Khanna, often features traditional sectors like manufacturing, textiles, chemicals, and sugar. Known for her knack for picking future outperformers, she remains a closely watched name among market participants.
As per the latest filings, Dolly Khanna publicly holds 20 stocks with a net worth exceeding ₹503.7 crore. In Q3, her fresh stake in a metal stock has piqued investor interest, showcasing her continued focus on traditional industries with growth potential. This strategic move signals her confidence in the sector’s outlook.
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Indian Metals & Ferro Alloys Ltd
On January 10, 2025, Indian Metals & Ferro Alloys Ltd. opened at ₹913.95, down 0.52% from its previous close of ₹898.15. The stock reached a high of ₹913.95 and a low of ₹859.00. By 4:00 PM, it traded at ₹868.00, a 3.36% decrease, with a market cap of ₹4,683.22 crore.
In Q3, ace investor Dolly Khanna acquired a 1.16% stake in Indian Metals & Ferro Alloys Ltd. (IMFA), purchasing 623,464 shares valued at ₹55.7 crore, reflecting strong confidence in the company’s growth and diversification strategies.
Indian Metals & Ferro Alloys Ltd. (IMFA) is diversifying into ethanol production with a 120 KLD initial capacity, aiming to achieve ₹300 crore in annual sales. This strategic move aligns with India’s ethanol blending program and sustainability goals.
With a ₹140 crore CAPEX and a 6-year payback period, IMFA plans phased capacity expansion based on plant performance. This initiative underscores IMFA’s commitment to growth, sustainability, and leveraging renewable energy opportunities to enhance long-term revenue streams.
Indian Metals & Ferro Alloys Ltd (NSE: IMFA), established in 1961 in Odisha, is India’s leading integrated producer of value-added ferro chrome. With 190 MVA furnace capacity and 204.55 MW captive power (including solar), IMFA ensures self-sufficiency in production.
Globally recognized for quality and cost competitiveness, IMFA partners with industry leaders like POSCO, Marubeni Corporation, and Jindal Stainless. With ISO:9001:2015 certification, its Project ILA focuses on innovation and growth, cementing its leadership in ferro alloys production.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.