Dolly Khanna Ramps Up Stakes in Chemicals, Liquor Stocks
Dolly Rajiv Khanna, a renowned Indian investor, has made significant changes to her portfolio in the chemicals and liquor sectors. According to recent filings, Khanna increased her stake in Mangalore Chemicals & Fertilizers to 3.33% in June 2025, up from 2.18% in March. Additionally, she raised her holding in Som Distilleries & Breweries to 2.83% from 2.41% in Q1 FY26.
Khanna’s investment in Mangalore Chemicals & Fertilizers is particularly noteworthy. The company is engaged in the production of fertilizers, pesticides, and other chemical products. With a significant increase in her stake, it is evident that Khanna has a high level of conviction in the company’s potential for growth. Mangalore Chemicals & Fertilizers has been performing well in recent times, with the company’s revenue growing by 15% year-on-year in Q1 FY26.
On the other hand, Khanna reduced her stake in Prakash Pipes from 4.08% to 3.16% as of June 2025. Although the exact reasons for this reduction are not clear, it is possible that Khanna may have taken profits or adjusted her portfolio to allocate more resources to other opportunities.
Som Distilleries & Breweries, another company in which Khanna increased her stake, is a leading player in the Indian liquor industry. The company has a diverse portfolio of brands, including Som King, Som Royal, and Som Gold. With Khanna’s increased holding, it is likely that she is optimistic about the company’s growth prospects, particularly in the context of the ongoing normalization of consumer spending and the increasing demand for liquor products.
It is worth noting that Khanna’s investment decisions are often closely watched by market participants, as she has a reputation for identifying undervalued stocks and generating significant returns. Her portfolio has consistently outperformed the broader market, and her investment choices are often seen as a proxy for market sentiment.
Khanna’s investment style is characterized by her focus on value investing, where she seeks to identify companies that are undervalued by the market. She has a long-term perspective and is willing to hold onto her investments for extended periods, which has contributed to her success as an investor.
In conclusion, Dolly Khanna’s recent investment decisions in Mangalore Chemicals & Fertilizers, Som Distilleries & Breweries, and Prakash Pipes are significant and warrant attention from investors. Her increased stake in Mangalore Chemicals & Fertilizers and Som Distilleries & Breweries suggests that she is optimistic about the growth prospects of these companies, while her reduction in stake in Prakash Pipes may indicate a shift in her investment strategy. As always, it is essential to conduct thorough research and due diligence before making any investment decisions, and Khanna’s moves should be viewed as a starting point for further investigation rather than a sole investment thesis.
