The company Amarjothi Spinning Mills has featured in multiple superstar portfolios, including that of Dolly Khanna, Subramanian P and Anil Kumar Goel. But the stock seems to be losing favor with multiple portfolios. Dolly Khanna cut her stake in the company to below 1% for the first time, from 1.15% in the previous quarter. Anil Kumar Goel's portfolio stake in the company has come down from 4.65% in June 2017 to 2.96% now.
Subramanian P has also gradually reduced his stake from 2.22% the same quarter last year to 2.16% in the present quater. While institutional and mutual fund investors have not markedly changed their holdings, promoter holding in the company is slightly lower compared to the March quarter. The company's returns have not been all too impressive, delivering over 13% in the last twelve months.