What is happening to the portfolio of ace investor Rakesh Jhunjhunwala?
The latest shareholding pattern of Crisil shows that Jhunjhunwala has been holding around 3.74 per cent stake in the company against 3.78 per cent nine months ago. It has come down consistently in the last few quarters. The best and notable movement was seen in one of the worst performing NBFC company DHFL. The incorrigible bull has increased his stake in the company in the last quarter when the share price of the company has witnessed a huge fall. He has increased his stake in the company from 2.46 per cent to 3.19 per cent. The data from ACE equity shows that more than 22 lakh shares were purchased in the last quarter. Another company where he has increased his stake is Firstsource Solutions, where his current holding is 3.26 per cent compared to 2.9 per cent at the end of September 2018 quarter.
One of the best performing stock of the Nifty since the start of the year, Titan is also witnessing profit booking from Jhunjhunwala. His stake in the company has declined from 5.82 per cent at the end of September 2018 quarter to 5.72 per cent in the latest quarter. The following table shows the movement in some of the prominent holdings of the investors in the last four quarters.
What is happening in big bull Rakesh Jhunjhunwala’s portfolio?
The big bull of Indian stock market Rakesh Jhunjhunwala seems to be trimming his position in CRISIL, a credit rating agency company. The latest shareholding pattern of the company shows that he has been holding around 3.74 per cent of stake in the company against 3.78 per cent nine months ago. It has come down consistently in last few quarters. The best and notable movement was seen in one of worst performing NBFC Company, DHFL. The incorrigible bull has increased his stake in the company in last quarter, when the share price of the company has witnessed a huge fall. He has increased his stake in the company from 2.46% to 3.19%. The data from ACE equity shows that more than 22 lakh shares were purchased in the last quarter. Another company where he has increased his stake is Firstsource Solutions, where his current holding is 3.26% compared to 2.9% at the end of September 2018 quarter.
One of the best performing stock of the Nifty since the start of the year, Titan is also witnessing a profit booking from the Rakesh Jhunjhunwala. His stake in the company has declined from 5.82% at the end of September 2018 quarter to 5.72% in the latest quarter. The following table shows the movement in some of the prominent holdings of the investors in last four quarters.
