From Rakesh Jhunjhunwala's portfolio: 5 Tata Group stocks that made him ace investor
Jhunjhunwala was famous to pick up good and quality stocks in his journey to become a Big Bull of the Indian stock market and was also called as Indian Warren Buffett.
Rakesh Jhunjhunwala's portfolio: Billionaire investor Rakesh Jhunjhunwala, who breathed his last on Sunday morning, was always very bullish on the Tata Group stocks. This resembled in the ace investor's portfolio as he picked as many as five Tata Group stocks in his bucket.
Jhunjhunwala was famous to pick up good and quality stocks in his journey to become a Big Bull of the Indian stock market and was also called as Indian Warren Buffett. He held around 32 stocks in his portfolio and his net worth is over Rs 31,904.8 crore as of August 15, as per Trendlyne.com.
Ratan Tata, Chairman Emeritus of Tata Group, was one of Rakesh Jhunjhunwala’s role models. He had been very much bullish on the overall conglomerate for multiple reasons including the group’s corporate governance and corporate social activities.
The five Tata Group company stocks are – Titan Company, Tata Motors, Indian Hotels, Rallis India and Tata Communications.
Titan Company: One of the important stocks in Jhunjhunwala’s portfolio, he held 4,48,50,970 equity shares or 5.1 per cent stakes along with his wife Rekha Jhunjhunwala. The ace investor had entered in the stock over 20 years ago. It was trading at Rs 3 per share during 2002-2003.
The stock has gained to Rs 2500 per share levels, taking Jhunjhunwala’s total net worth through Titan investment to Rs 11000 crore as per Trendlyne.com.
Tata Motors: Jhunjhunwala was always bullish on the growth story of Tata Motors. He held 3,62,50,000 equity shares of 1.1 per cent stakes in the company.
Indian Hotels Company Limited: Rakesh Jhunjhunwala held 3,00,16,965 equity shares or 2.1 per cent stakes in the company. As per trendlyne, Indian Hotels' holding value stood at Rs 816.3 crore as of August 15, 2022.
Rallis India: The celebrity investor held 1,90,68,320 equity shares or about 10 per cent stakes in this Tata Group fertiliser company. As per trendlyne, Rallis India holding’s value stood at Rs 428.8 crore as of August 15, 2022.
Tata Communications: Rakesh Jhunjhunwala held 30,75,687 equity shares or about 1.1 per cent stakes in this Tata Group company. As per trendlyne, Rallis India holding’s value stood at Rs 336 crore as of August 15, 2022.
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