Coffee Day shares hit 10% upper circuit for 2nd day, 20 Microns surges 8% as Dolly Khanna buys stake

The shares of Coffee Day Enterprises jumped 10 percent to hit the upper circuit for the second consecutive day, while 20 Microns shares rallied 8 percent on July 16. This comes after the latest shareholding patterns showed that veteran investor Dolly Khanna has bought some stake in the two firms.

Coffee Day Enterprises shares were locked in the 10 percent upper circuit at Rs 39.86 apiece, while 20 Microns shares were trading at Rs 243 apiece.

The well-known Indian investor hails from Chennai and is known for picking small and mid-cap stocks that often become multi-baggers. Her portfolio is managed by her husband Rajiv Khanna.

Khanna held 32.78 lakh shares, representing 1.55 percent stake in the parent company of popular chain Café Coffee Day, according to BSE data showing the firm's shareholding pattern as at the end of the April-June quarter.

The corresponding shareholding data for 20 Microns, the producer of industrial minerals, showed that Khanna held nearly 7.03 lakh shares representing 1.99 percent stake in the company, as at the end of June.

Her name was not present on the shareholding patterns of the two companies at the end of the previous quarter (January-March). This can mean that she bought fresh stake in the two firms during the period. This can also mean that she earlier held less than 1 percent stake in the two firms, which didn't require any disclosures, and bought more shares during the quarter which took her stake higher than 1 percent.

The rise in the share prices today came on the back of heavy trading volumes. Nearly 85.26 lakh shares of Coffee Day have been involved in active trade so far, as seen at 11 am. This is nearly 11 times higher than its 10-day average volumes. Around 10 lakh shares of 20 Microns have been traded so far, which is over 8 times higher than its 10-day average volumes.

Coffee Day Enterprises shares have now rallied nearly 16 percent in the past five days, and over 46 percent in the past six months. The stock is currently up over 68 percent in 2025 so far.

20 Microns shares meanwhile gained over 1 percent in the past one month, and nearly 7 percent in the past six months. The stock is currently up over 2 percent in 2025 so far.

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