Founded in 1983, GHCL claims to be the largest single-location manufacturer of soda ash in the country. The sodium carbonate it produces is used for the production of glass and detergents, among other industrial applications, and is also an important raw material for solar glass and lithium ion batteries.According to Trendlyne data, the stock is currently trading below its 50-day and 200-day simple moving averages (SMAs) of Rs 587 and Rs 599 respectively.
Khanna cut its stake in Prakash Industries by 37 basis points to 2.57% in the October-December quarter of FY26, from 2.94% in Q2FY26.
The stock has fallen 9% in the past twelve months and is currently trading below its 50-day and 200-day moving averages of Rs 142 and Rsv161 respectively, Trendlyne data shows.
Founded in 1980, Prakash Industries is an integrated steel and energy company. The company has set up facilities for the production of wire rod, HB wires and TMT rods. The company also owns iron ore mines to meet iron ore needs for sponge iron production. The company’s market capitalization on the BSE stands at Rs 2,441 crore. The shares fell over 5% today, hitting the day’s low of Rs 129.55.
Meanwhile, GHCL shares fell 1.5% today to touch the day’s low of Rs 538.20.
Also read: Tata Capital block deal: Societe Generale buys additional stake worth Rs 51 cr; anchor investor sells
Dolly Khanna is a major investor from Chennai, who has been investing in the stock markets since 1996. Her portfolio is managed by her husband Rajiv Khanna. Dolly Khanna’s portfolio tends to lean towards more traditional stocks in the manufacturing, textiles, chemicals and sugar sectors.
As per the latest company share filings, Dolly Khanna publicly owns 10 shares with a net worth of over Rs. 262.0 million.
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