Market’s veteran investor Rakesh Jhunjhunwala or Radhakishan Damani, he has suffered a loss of hundreds of crores in his top holding in 2022.
Rakesh Jhunjhunwala/RK Damani Portfolio: In the fall of the year 2022 in the stock market, the math of the portfolio of veteran investors has also deteriorated. During this time many stocks with strong fundamentals have fallen heavily. Market’s veteran investor Rakesh Jhunjhunwala or Radhakishan Damani, he has suffered a loss of hundreds of crores in his top holding. Stocks like Avenue Supermarts, India Cements, Tata Motors, Titan Company and Star Health have lost their air. There has been a big decline of 20 to 37 percent of these. In this report, we have cited only those stocks which are the top holdings in terms of value in the portfolio of the veteran investors.
Top holding of Radhakishan Damani
Avenue Supermarts
Avenue Supermarts, the largest stock in Radhakishan Damani’s portfolio, has declined close to 27 per cent this year. The stock has weakened from Rs 4712 this year and is currently trading around Rs 3423. He holds 65.2 percent stake in the company. His portfolio includes 422,159,156 shares of the company, whose total value is 145621.7 crores.
VST Industries
There has been a decline of around 5 percent in VST Industries this year. The stock has weakened from Rs 3204 this year and is currently trading around Rs 3050. Radhakishan Damani holds 32.3 percent stake in the company. His portfolio includes 4,993,204 shares of the company, whose total value is 1523 crores.
United Breweries
United Breweries, which is included in Radhakishan Damani’s portfolio, has declined close to 7 percent this year. The stock has weakened from Rs 1562 this year and is currently trading around Rs 1456. He holds a 1.2 percent stake in the company. His portfolio includes 3,195,834 shares of the company, whose total value is 464 crores.
India Cements
India Cements has declined by around 22 per cent this year. The stock has weakened from Rs 200 this year and is currently trading around Rs 156. Radhakishan Damani holds 12.7 percent stake in the company. His portfolio includes 39,281,694 shares of the company, whose total value is 617 crores.
Sundaram Finance
Sundaram Finance has declined close to 28 percent this year. The stock has weakened from Rs 2462 this year and is currently trading around Rs 1761. Radhakishan Damani holds 2.4 percent stake in the company. His portfolio includes 2,630,434 shares of the company, whose total value is 461 crores.
Trent Ltd.
Trent Ltd. This year there has been a decline of around 2.5 percent. The stock has weakened from Rs 1056 this year and is currently trading around Rs 1081. Radhakishan Damani holds 1.5 per cent stake in the company. His portfolio includes 5,421,131 shares of the company, whose total value is 591 crores.
Rakesh Jhunjhunwala’s top holding
Fortis Healthcare
The healthcare stock Fortis, included in Rakesh Jhunjhunwala’s portfolio, has declined close to 23 per cent this year. The stock has weakened from Rs 310 this year and is currently trading around Rs 237. He has a 4.2 percent stake in the company. His portfolio includes 31,950,000 shares of the company, whose total value is 758 crores.
Tata Motors
The shares of auto company Tata Motors have fallen 17 percent so far this year. The stock is trading around Rs 415, weakening from Rs 498 this year. Rakesh Jhunjhunwala holds 1.2 per cent stake in Tata Motors. His portfolio includes 39,250,000 shares of the company, whose total value is 1641 crores.
Titan Company
Rakesh Jhunjhunwala’s favorite and long-time portfolio member Titan Company has seen a 23 per cent decline so far this year. The stock has weakened from Rs 2524 this year and is currently trading around Rs 1947. Rakesh Jhunjhunwala’s stake in Titan is 5.1 percent. His portfolio includes 44,850,970 shares of the company, whose total value is 8725 crores.
Star Health and Allied Insurance
Star Health, the insurance stock included in Rakesh Jhunjhunwala’s portfolio, has declined close to 37 per cent this year. The stock is trading around Rs 491, weakening from Rs 774 this year. He holds 17.5 percent stake in the company. His portfolio includes 100,753,935 shares of the company, whose total value is 4972 crores.
got good returns
Metro Brands
Metro Brands included in Rakesh Jhunjhunwala’s portfolio has grown close to 32 percent this year. Since January 1, the stock has increased from Rs 454 to Rs 600 till now. He holds 14.4 percent stake in the company. His portfolio includes 39,153,600 shares of the company, whose total value is 2335 crores.
Indian Hotels Company
Indian Hotels Company, a hotel stock included in Rakesh Jhunjhunwala’s portfolio, has gained close to 22 percent this year. From January 1 till date, the stock increased from Rs 184 to Rs 225. He has a 2.1 percent stake in the company. His portfolio includes 30,016,965 shares of the company, whose total value is 679 crores.
