Rekha Jhunjhunwala adds these shares to portfolio in September quarter: What investors should know
The marquee investor Rekha Jhunjhunwala publicly holds 19 stocks with a net worth of over Rs. 10,619.9 crore as of October 17, 2022, as per trendlyne.com.
Rekha Jhunjhunwala portfolio: Ace investor Rekha Jhunjhunwala has added extra shares in Tata Communications and NCC Ltd during the September 2022 quarter as per the respective shareholding patterns of the companies. Rekha Jhunjhunwala is the wife of late Rakesh Jhunjhunwala who passed away earlier this year in August.
The celebrity investor has picked additional 15,00,000 equity shares or over 0.5 per cent stakes in Tata Communications, taking the total holding to 45,75,687 shares or 1.61 per cent stakes in the company as per the September 2022 shareholding pattern available on the BSE.
In June 2022, the investor had 30,75,687 equity shares, comprising 1.08 per cent stakes in the Tata Group company. The renowned investor has been invested in the stock since December 2020 quarter as per the stock analysis website trendylne.com.
While in NCC, Rekha Jhunjhunwala has bought additional 10,00,000 equity shares, taking the total holding in the company to 6,77,33,266 shares or 10.79 per cent as per September 2022 shareholding pattern against 6,67,33,266 shares or 10.63 per cent stakes during June 2022 according to BSE.
The marquee investor Rekha Jhunjhunwala publicly holds 19 stocks with a net worth of over Rs. 10,619.9 crore as of October 17, 2022, as per trendlyne.com. Her husband Rakesh Jhunjhunwala was known as the "Big Bull" of the Indian stock market.
Share Price History
Shares of Tata Communications on Monday closed nearly 3 per cent higher to Rs 1,195.95 on the NSE. The stock has slipped over 8.5 and 17 per cent in the last six months and YTD, respectively.
However, the counter has reported multibagger returns in the last three years, gaining over 232 per cent surge – from Rs 360 apiece on October 18, 2019, to Rs 1196 per share levels today.
Similarly, shares of NCC closed over 1.5 per cent higher to Rs 70.15 per share on the NSE. The stock has corrected over 2 per cent in the last six months as well as year-to-date.
Since the first lockdown, the counter has produced multibagger returns as it gained over 300 per cent from Rs 17 on April 3, 202o to Rs 70 per share levels today.
About Companies
Tata Communications is a digital ecosystem enabler that powers today’s fast-growing digital economy. It is present in more than 190 countries and territories around the world, serving over 7,000 customers globally and connecting 4 out of 5 mobile subscribers worldwide.
Nagarjuna Construction Company (NCC) Limited is in the business of construction that contributes to India’s progress through landmark infrastructure projects which demonstrate far-reaching impact - beyond the realm of construction. NCC Limited is the company’s chosen new identity.
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