FIIs kept selling, the stock kept falling, but small investors bought heavily, now Dolly Khanna's entry has sent the stock surging at a blistering pace.:Whenever Dolly Khanna's name appears in the stock market, investors are immediately alerted. This is due to her impressive track record. Over the past 30 years, she has selected numerous mid-cap and small-cap stocks that later proved to be multibaggers.

News Topical, Digital Desk : Veteran stock market investor Dolly Khanna is once again in the headlines. Information emerged that she had purchased a stake in a company worth ₹4,400 crore on April 9, 2026, prompting an immediate surge in the stock. Interestingly, this stock, which had underperformed over the past three years, has now seen a sudden surge in buying. This has fueled curiosity among investors as to what was so special about this stock that Dolly Khanna made this bet.

Now, he's made another move. According to exchange data, he's acquired a 1.05% stake in the company.

The company's market cap is around ₹4,400 crore, placing it in the mid-cap category. Consequently, the market is viewing Dolly Khanna's entry as a sign of a potential turnaround.

Now, let's discuss Rain Industries' business.

This company is a multinational chemical and carbon-based products manufacturer. Its business is divided into three major segments: carbon, advanced materials, and cement.

In the carbon segment, the company produces products such as Calcined Petroleum Coke (CPC) and Coal Tar Pitch (CTP), which are essential raw materials for aluminum, steel, and other industries. Additionally, the company produces a variety of chemicals and derivatives from coal tar.

In the Advanced Materials segment, Rain Industries manufactures high-value chemicals and resins used in EV batteries, coatings, paints, and the construction industry. This segment contributes significant value to the company.

The third business is cement, where it produces cements such as OPC and PPC, which are used in infrastructure and construction projects.

A major advantage of the company is its global network, with production units in India, Germany, Italy, and other countries. The company converts waste products from the oil and steel industries into high-value chemicals, significantly strengthening its value chain.