New Delhi, April 9 -- Small-cap stock Rain Industries witnessed a 6% jump in its shares on Thursday, April 9, despite a weak sentiment in the Indian stock market after ace investor Dolly Khanna emerged as a key shareholder in the latest data released by the company.

Shares of Rain Industries jumped 5.93% to Rs.124.95 on the BSE today, even as the benchmark index Sensex was down 800 points amid uncertainty over the US-Iran ceasefire. The small-cap stock has declined 14% in the last three months, suggesting value buying by the investor.

According to the shareholding pattern for the March quarter, Dolly Khanna is named as a key shareholder. Khanna purchased 35,35,895 shares or a 1.05% stake in the company during the January-March period. ...