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HomeBusinessBig change in Rakesh JHunjhunwala's portfolio, 40 thousand shares sold of 'trusted'...

Big change in Rakesh JHunjhunwala’s portfolio, 40 thousand shares sold of ‘trusted’ company Titan, bets played on NCC

Rakesh Jhunjhunwala has reduced his stake in Titan Company somewhat in the January to March quarter. On the other hand, expressing confidence in the NCC again, the stake has been increased.

Rakesh Jhunjhunwala Latest Portfolio: Rakesh Jhunjhunwala’s portfolio is witnessing a big change in the quarter from January to March 2022. This veteran investor of the market has reduced his stake in Titan Company somewhat during this period. On the other hand, expressing confidence in NCC again, he has increased his stake in this company. According to Trendline’s update, Rakesh Jhunjhunwala also increased stake in Canara Bank in the March quarter, while Escorts Ltd. and Wockhardt Ltd. By selling heavily, the stake has been reduced to less than 1 percent.

Titan Company sold 40,000 shares

According to the latest portfolio of Rakesh Jhunjhunwala, he has reduced stake by 0.04 percent in Titan Company. Now 44,850,970 shares of this company are left in his portfolio. Whereas in the December quarter, he had 45,250,970 shares of the company. That is, he has sold 40,000 shares of the company in the January to March quarter. Earlier in the December quarter, he had increased his stake in the company from 4.9 per cent to 5.1 per cent. In the September quarter of the last financial year, he had 4.9 percent and in the June quarter, he had 4.8 percent. This stock is one of the most trusted stocks of Rakesh Jhunjhunwala and has proved to be a multibagger.

Increased trust in NCC

Rakesh Jhunjhunwala’s trust in the construction company NCC has increased. He increased his stake in the company by 0.7 per cent to 13.6 per cent in the March quarter. Rakesh Jhunjhunwala & Family now holds 82,733,266 shares of the company. Whereas in the December quarter, he had 78,333,266 shares of the company. That is, during this time he has added 44 lakh new shares to the portfolio of the company.

Changes in these shares also

Rakesh Jhunjhunwala has increased stake by 0.4 percent in Canara Bank in the March quarter. Now the bank has 35,597,400 shares in his portfolio, whose current value is Rs 864 crore. Whereas Escorts Ltd. The stake has been reduced from 5.2 per cent to less than 1 per cent. Whereas Wockhardt Ltd. The stake has been reduced from 2.3 per cent to less than 1 per cent.

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