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Dolly Khanna portfolio: Ace investor sells 4 lakh shares of Chennai Petroleum in Q2, stock up 82% in one year

Chennai Petroleum is in focus in a quarterly results development for Q2 FY27.

· Economic Times Markets, ET Stocks

Ace investor Dolly Khanna trimmed her stake in Chennai Petroleum Corporation by around 3.85 lakh shares in Q2 FY27. The stock has delivered multibagger returns over three and five years, despite recent monthly weakness.

Period
Q2 FY27

Chennai Petroleum reported movement of 82% for Q2 FY27. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -0.8% on the day at ₹1,475.00, and has returned +24.5% over three months. It sits 9% below its 52-week high. The oil & energy sector has moved -2.9% over the same period, so Chennai Petroleum is running 27.4 points ahead of its peers.

For Chennai Petroleum, the question is how much of this is already reflected in the price and how much re-rates the oil & energy peer set alongside it.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • The company directly in focus is CHENNPETRO.
  • Sector exposure: Oil & Energy.
  • The immediate tone of coverage reads positive.
CHENNPETROOil & Energy