Rakesh Jhunjhunwala has gained 28.5% in total assets since the September quarter. According to the data available till December 31, 2020, veteran investor Rakesh Jhunjhunwala has bought stocks in 39 companies. According to today’s market valuations, their total stocks are worth over Rs 16,600 crore. While Rakesh Jhunjhunwala bought shares of companies like Tata Motors and Tata Communications in the December quarter, he also made a profit by selling his stake in several companies. Jhunjhunwala sold shares of these companies…
Firstsource solutions: When the share price of tech company Firstsource solutions rose, Rakesh Jhunjhunwala sold 1.59% of the stock to earn profit. At the end of September, Rakesh Jhunjhunwala had 2 crore equity shares of Firstsource solutions, which has been reduced to only 90 lakhs by the end of December. Brokerage firm Antique Stock Broking has given the company a buy-by.
Escorts: Rakesh Jhunjhunwala owned 76 lakh shares of Escorts i.e. 5.64% stake in the company till the end of September quarter, which now stands at only 64 lakhs. Taking advantage of the rally in the stock market, he has booked profits in this tractor manufacturing company.
Federal Bank: Rakesh Jhunjhunwala had 5,32,21,060 shares in the September quarter which is 5.64% of the total equity share of the company, but by the end of December quarter he had only 4,72,21,060 shares i.e. 4.75% shares of this company.
Titan: Rakesh Jhunjhunwala is also invested in this company along with his wife Rekha Jhunjhunwala. As of September 31, his stake in the company was 4.33%, while his wife’s shareholding was 1.09%. At the same time, as of December 31, Rakesh Jhunjhunwala now holds 4.23% of the company. That is, they have sold some shares of the company.
Rallis India: Rakesh Jhunjhunwala owned 7.64% and his wife Rekha Jhunjhunwala had 2.76% stake in the company as of September quarter. But in the December quarter, Rakesh Jhunjhunwala’s company has sold a few seers. He now holds 7.26% stake in the company.