Rakesh jhunjhunwala invested stocks

Rakesh Jhunjhunwala backed Tata Group stocks — Tata Motors, Tata Communications, Titan Company, Indian Hotels — have rallied up to 135 per cent in the last one year, while those have surged over 57 per cent so far in the year 2021. Big bull Rakesh Jhunjhunwala, along with his wife Rekha Jhunjhunwala, hold the largest stake in Titan Company — a 4.8 per cent stake or 4.26 crore shares in the watches-to-jewellery maker. Ace investor slashed his holding in Titan Company for the third consecutive quarter (April-June 2021). Titan’s share price has zoomed 63.27 per cent in the past one year, and 20.30 per cent so far in the CY21. Rakesh Radheshyam Jhunjhunwala’s second-highest stake is in Tata Motors, at 1.14 per cent or 3.7 crore shares. The big bull trimmed his stake in this motor company to 1.14% in the quarter ended June 30, 2021. Rakesh Jhunjhunwala held a total of 4.27 crore shares in the company at the end of March quarter, which later fell to 3.7 crore. This stock has delivered the highest returns in the last one year, surging 134.24 per cent. Moreover, on a year-to-date (YTD) basis, it has gained 57.18 per cent. Rakesh Jhunjhunwala’s first big win was this Tata Group company stock It may be noted that Rakesh Jhunjhunwala’s first-ever big win was also a Tata Group stock — Tata Tea, where he made a profit of Rs 5 lakh in 1986. He bought 5,000 shares of Tata Tea at a price of Rs 43 that time, which zoomed to Rs 143 apiece in a span of just three months, more than tripling h...

Big Bull Rakesh Jhunjhunwala's favourite stock Titan Company played a major role in making him a crorepati. Jhunjhunwala first bought shares of Titan in 2002-2003 at a price of Rs 30-32. Since then, he had been buying and selling Titan shares.  Jhunjhunwala, who is also called India's Warren Buffett owned Titan stocks worth Rs 11,086.9 crore with a stake of 5.10 per cent or 4,48,50,970 shares in the last quarter.  Titan Company comprises almost one third (in value) of his portfolio of 32 stocks. His total portfolio was worth over Rs 31,900 crore for the quarter ended June, according to data from Trendlyne.  The Titan company stock has zoomed over 82 times or 8,139 per cent since Jhunjhunwala bought the stock for the first time.  Also Read: The stock, which stood at Rs 30 to Rs 32 level when Jhunjhunwala bought it 20 years ago, closed at Rs 2,471.95 on August 12, 2022 on BSE.  During this period, Jhunjhunwala kept on trimming and adding to his stake according to the periodic review he undertook.  Interestingly, the big bull invested in Titan Company stock at a time when the firm was not doing well on the financial front.  Also Read: In FY 2001-2002, net profit fell 44.25 per cent from Rs 23.48 crore to Rs 13.09 crore. In FY 2002-2003, net profit further slipped 55.25 per cent to Rs 6.21 crore from Rs 13.09 crore in the previous comparable period. However, jewellery business grew 29 per cent in 2002-2003 to Rs 345 crore which might have prompted Jhunjhunwala to beli...