Rakesh Jhunjhunwala hikes stake in 5 stocks, cuts in 7-check latest rejig in Big Bulls portfolio
Rakesh Jhunjhunwala Portfolio March: Big Bull Rakesh Jhunjhunwalas portfolio is keenly watched by investors and financial enthusiasts in general. They would all be interested to know that Jhunjhunwala recently rejigged his portfolio during the March quarter.
Big Bull Rakesh Jhunjhunwala's portfolio is keenly watched by investors and financial enthusiasts in general. They would all be interested to know that Jhunjhunwala recently rejigged his portfolio during the March quarter.
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In conversation with Zee Business Managing Editor Anil Singhvi, research analyst Varun Dubey said Jhunjhunwala made overall changes in 12 shares, of which 7 are those in which he reduced his stake and 5 stocks where he upped his investment.
Jhunjhunwala was seen raising his stake in Pharma shares and reducing in Tata Group companies.
MCX counter is the stock in which the Big Bull raised his stake the maximum. He increased his stake by around 1 per cent in this scrip. Fortis Healthcare, Jubilant Pharma, Agro Tech Foods and TV 18 are stocks where Jhunjhunwala increased his stake.
The March quarter saw the Big Bull cutting down his investment in one of his favourite stocks, Titan. He also reduced it in another Tata group company, Tata Communications. He was seen slashing his investment by 3 per cent in VIP industries shares.
There are also certain stocks where he has either totally exited or reduced his stake to below 1 percent. Ion Exchange, GMR infra, Firstsource Solutions and IB real estate are those stocks as can be seen from shareholding pattern.
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