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More Than 32 Thousand Shares Bought By Big Investors; Stock Has Risen Above 160 Percent

Share of Nile Limited is in focus today, Tuesday. Nile Limited’s shares increased 6.7 percent, reaching an intraday high of Rs 2,388.

It also marked its record 52-week high. There’s a major factor behind the surge in shares of the company. The name of Chennai-based major shareholder Dolly Khanna has appeared in the latest shareholding pattern of the company.

It is a sign that seasoned investee Dolly Khanna has bet on this stock.

What Is The Detail?

Based on the shareholding pattern for Nile Limited for the April to June 2024 period, Dolly Khanna holds a 1.10 percent stake in the company even though her name wasn’t listed on the list of shareholders with individual names from the January to March 2024 quarter.

This implies it is possible that Dolly Khanna bought new shares of Nile in Q1FY25. This is why the price of Nile shares increased after the news about the stock market became known.

Share Condition

Dolly Khanna Portfolio Stock is a multibagger that has produced excellent returns in recent times. In a month, the value of shares in Nile has increased from Rs 1,287 up to Rs 2,388 for each share.

Nile has posted a gain of more than 75 percent in this time. In the past one-year period, Nile shares increased by Rs 1,022 to Rs 2,388 per share.

During this time, it has increased by about 125 percent. The multibagger stock has increased approximately 160 percent the year to date.

Over the last 12 months, the stock of small-cap companies has increased from about Rs 755 to around 2,388 rupees per share. Over time, it has risen by around 200 percent.

Over the past five years, the new inventory from Dolly Khanna has risen from around Rs 243 to the price of Rs 2,388 per share. This means that it has grown by around 825 percent throughout this time.

Dolly Khanna’s Stake

Dolly Khanna holds 32,923 Nile shares, which amounts to 1.10 percent of the capital paid-up that the firm has.

However, the name of Dolly Khanna wasn’t listed in the shareholding pattern of the company between January and March 2024.

This implies the possibility that Dolly Khanna bought new shares of the company in Q1FY25.

By the exchange rules the listed company must share the names of shareholders that own a minimum of one percent shares in the business.

BSE Sought Clarification

In the meantime, following sharp fluctuations in the prices, BSE sought clarification from the company on price changes.

In response to BSE, the company stated they were unaware of the causes for the fluctuations in the price of shares of our company. All information is publically distributed quickly.

Nile Ltd Stock Performance

Current Price₹ 2,099
52-wk High₹ 2,388
52-wk Low₹ 660
5 Days Return41.36%
1 Month Return63.12%

Key Fundamentals Parameters

Market Cap₹ 630 Cr.
Stock P/E19.9
Book Value₹ 768
Dividend0.14 %
ROCE19.5 %
ROE14.7 %
Face Value₹ 10.0
P/B Value2.73
OPM5.52 %
EPS₹ 105
Debt₹ 0.92 Cr.
Debt to Equity0.00

Nile Ltd Shareholding Pattern

Promoters Holding
June 202350.43%
Sept 202350.43%
Dec 202350.43%
Mar 202450.43%
June 202450.43%
FII Holding
June 20230.00%
Sept 20230.10%
Dec 20230.10%
Mar 20240.15%
June 20240.15%
Public Holding
June 202349.58%
Sept 202349.48%
Dec 202349.48%
Mar 202449.42%
June 202449.41%
Hot Stocks Alert Join

Nile Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 593 Cr
2021₹ 536 Cr
2022₹ 702 Cr
2023₹ 806 Cr
2024₹ 838 Cr

Last 5 Years’ Net Profit:

2020₹ 11 Cr
2021₹ 14 Cr
2022₹ 24 Cr
2023₹ 23 Cr
2024₹ 32 Cr

Conclusion

This article provides an exhaustive guide to share your information.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

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If you have additional questions, feel free to leave a comment below. We’ll be more than happy to address all of your questions.

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations.

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