Dolly Khanna buys 1.03% stake in multibagger smallcap stock with 222% YTD growth
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Ace investor Dolly Khanna has picked up 1.03% stake in Tinna Rubber and Infrastructure, which is into recycling end-of-life tires and waste tires, during the June quarter. According to the latest shareholding data available with the exchanges, Khanna bought 1.76 lakh shares in the first quarter. The company is majority owned by promoters at 72%, while public shareholders own the rest of the stake. The smallcap company is an end-of-life-tire (ELT) material recycler, primarily engaged in recycling of the waste tires and manufacturing value-added products. It also manufactures crumb rubber, crumb rubber modifier (CRM), crumb rubber modified bitumen (CRMB), polymer modified bitumen (PMB), bitumen emulsion, reclaimed rubber/ultrafine crumb rubber compound, high carbon steel shot, high carbon steel grit, high carbon cut wire shot (polished) and high carbon cut wire shot (conditioned), among others. Its products are used in making/repairing the ...