Economy
Ace Investor Dolly Khanna Buys Stake in Rain Industries in Q2
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THE BRIEF
1
Chennai-based investor Dolly Khanna acquired a 1.72 percent stake in Rain Industries, purchasing 57,98,355 shares during the July-September 2026 quarter.
2
Rain Industries shares have rallied 45 percent year-to-date and over 70 percent across the past six months amid rising demand for carbon products.
3
Market analysts attribute the stock's upward momentum to improving profitability, faster EBITDA growth, and bullish technical charts pointing toward a near-term target of ₹236.