Rakesh Jhunjhunwalas wealth soars! These two stocks jump between 12% to 20% today
Majority of stocks in Jhunjhunwalas portfolio saw heavy buying sentiments, but two of them gained by more than 12% and 20% respectively, making the investor that much more richer.
Ahead of announcement of inflation, IIP data later today, Indian markets continued their positive trend on Wednesday after scripting a magnificent fightback on Tuesday. The markets behaved positively to Congress' win in three major states on Tuesday and Shaktikanta Das' appointment as the new RBI governor. Also, Sensex was helped by the good performance of various sectors including banking, realty, IT, auto, and healthcare.
Amid such high praise for Indian equities, Rakesh Jhunjhunwala was making more money than anyone. It is no mystery that Jhunjhunwala, who is also referred to as the big bull of Dalal Street, is considered to be the most successful money making investor, so much so, that he has acquired a legendary status in India that is akin to that of the Oracle of Omaha, the iconic Warren Buffett in the US.
Majority of stocks in Jhunjhunwala's portfolio saw heavy buying sentiments, but two of them gained by more than 12% and 20% respectively, making the investor that much more richer.
Notably, Aptech's share price soared nearly 20% on Sensex on Wednesday after it crossed intraday high of Rs 192.45 per piece. Notably, Jhunjhunwala has majority of his holding in Aptech in terms of percentage. In Aptech, Jhunjhunwala has about 24.05% stake with 9,593,840 equity shares which are worth Rs 153.2 crore. At around 13:34 hours, the stock was trading at Rs 188.10 per piece, above by Rs 27.70 or 17.27%.
The other stock which helped Jhunjhunwala was DB Realty which gained by more than 12% on Sensex after touching an intraday high of Rs 25.70 per piece. However, at the time writing the stock had rocketted by 10.26%, trading at Rs 25.25 per piece. Jhunjhunwala has about 2.06% stake in DB Realty with 5,000,000 equity shares worth Rs 10.6 crore.
Apart from these two, the other stocks which gained big for Jhunjhunwala on Wednesday are: Anant Raj, ION Exchange, Prakash Industries, Edelweiss Financial Services, Autoline Industries, VIP Industries, Delta Corp, Prozone Intu, Escorts, MCX, and DHFL among others.
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