If you have information about the stock market, then you will know the famous Dolly Khanna of the stock market. There are many stocks in Dolly Khanna’s portfolio, which are currently dominated in the market. One such stock in his portfolio is that of Rama Phosphate Ltd., which has turned many people from fakir to millionaire in the last twenty years. Anyone who had invested at least one lakh rupees in the share of Rama Phosphate twenty years ago, today its value has become 2.26 crores. If you have bought shares of one lakh rupees of this company even a year ago, then today their value has gone up to 5.81 lakhs.
Dolly Khanna, who is famous in the stock market for choosing anonymous midcap and smallcap stocks, these are the stocks that will dominate the market in the coming future. Mint. According to Online, from April to June 2021, Dolly Khanna has taken new shares in her portfolio, in which Rama Phosphate is also a name. The shares of Rama Phosphate, a fertilizer company, have gained fourteen per cent in the second quarter of this financial year, ie between July and September.
NSE Nifty has provided 12 per cent and BSE Sensex has provided 12.65 returns. The reason behind Dolikhanna choosing a company like Rama Phosphate is its excellent performance in the last few years. In 2001, the stock of Rama Phosphate Company was priced at Rs 1.55 on the BSE, then on Tuesday, its shares closed at Rs 351.60 with a jump of ten percent on the BSE. Upper circuit had to be put on this stock, if we talk about the stock of this company, then it has grown 22,580 percent in the last 20 years.
Also read- Anti-narcotics of Mumbai Crime Branch caught big fish, seized drugs worth 15 crores
Till six months ago, the shares of Rama Phosphate were worth Rs 146, on which it has given a return of 141 percent so far. In the financial year 2020-2021, the company made a profit of about 42.11 crores. Accordingly, the earning per share has been around Rs 23.80. Rama Phosphate is the leading company in the production of Phosphate Fertilizers in the country. If you are thinking of taking shares of this company, then it should be noted that the past history of any company does not guarantee that its future will be the same. Therefore, before taking any kind of share, please consult with the knowledge.
For all the news of the country and the world, subscribe to our YouTube channel ‘DNP India’ now. You can also follow us on FACEBOOK, TWITTER and INSTAGRAM.
