Famous investor Dolly Khanna has bought a 1.03% stake in Tinna Rubber and Infrastructure, a company that recycles old and waste tyres. According to recent data, she acquired 1.76 lakh shares of Tinna Rubber during the June quarter.
About Tinna Rubber
Tinna Rubber is mostly owned by its promoters (72%), while the remaining shares are held by the public. The company specialises in recycling end-of-life tyres and produces a range of products including crumb rubber, crumb rubber modifier (CRM), crumb rubber modified bitumen (CRMB), polymer modified bitumen (PMB), and bitumen emulsion. They also make reclaimed rubber, high carbon steel shot and grit, and high carbon cut wire shot.
These products are used in road construction, tyres, and the auto parts industry. Tinna Rubber has manufacturing plants in Haryana, Maharashtra, Haldia, Gummidipundi, and Himachal Pradesh.
Share Performance
On Friday, Tinna Rubber’s shares increased by 1.7%, reaching ₹1,851 on the NSE. The stock has shown impressive performance this year, growing by 222% year-to-date and significantly boosting investor wealth.
In addition to Tinna Rubber, Dolly Khanna has also invested in Nile Ltd., acquiring a 1.1% stake by purchasing about 32,923 shares during the June quarter. Nile, a microcap company with a market value of just over ₹500 crore, manufactures lead and lead alloys for batteries and other uses. It has two main divisions: lead and wind energy. The lead division makes pure lead and various lead alloys, while the windmills produce electricity.
About Dolly Khanna
Dolly Khanna is known for investing in lesser-known companies that often perform well in the market. According to the latest data, she holds shares in 18 companies with a total value of over ₹496.7 crore.
Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.
