Khanna purchased 176,000 shares within the first quarter, in line with the newest holdings information supplied by the change. The bulk stake within the firm is held by promoters at 72%, whereas public shareholders personal the remaining.
The small firm is an end-of-life tire (ELT) materials recycler, primarily engaged within the recycling of end-of-life tires and manufacturing value-added merchandise.
It additionally produces rubber powder, rubber powder modifier (CRM), rubber powder modified asphalt (CRMB), polymer modified asphalt (PMB), asphalt emulsion, reclaimed rubber/ultrafine rubber powder compound, excessive carbon metal shot, Excessive carbon metal grit, excessive carbon metal wire shot (polished) and excessive carbon metal wire shot (adjusted), and many others.
Its merchandise are used within the manufacturing/restore of highway, tire and automotive components industries. The corporate’s manufacturing services are positioned in Haryana, Maharashtra, Haldia, Gummidipundi and Himachal Pradesh. The inventory has carried out effectively on the exchanges up to now this yr, with buyers’ wealth greater than tripling up to now this yr. nile ltd.The corporate, which makes lead and lead alloys utilized in batteries and different functions, purchased about 32,923 shares of Nile within the June quarter, for a stake of simply over 1%. The investor didn’t personal any shares within the firm over the last quarter.
Nile, a micro-cap inventory with a market capitalization of simply over Rs 500 crore, produces pure lead for shopper battery use. The corporate has two divisions – Lead and Wind Power. The lead division produces lead and lead alloys, and windmills generate electrical energy.
Its product vary contains pure lead, lead-antimony alloys, lead-selenium alloys, lead-calcium alloys and lead-tin alloys.
Dolly Khanna is a veteran investor in Chennai who is understood for selecting lesser-known shares that usually outperform the market. In line with the newest submitting of company holdings, Khanna has public holdings in 18 shares with a internet price of over Rs 496.7 crore.
