Rakesh Jhunjhunwala portfolio: Rakesh Jhunjhunwala, the veteran investor of Dalal Street, has suffered a major setback in early April. The net worth of Jhunjhunwala’s portfolio has declined by over 2.5 per cent in six trading sessions this month.
According to a report by Livemint, stock analysis platform Trendline shows that the net worth of Jhunjhunwala’s portfolio has declined to Rs 32,846 crore in April 2022 as against Rs 33,754 crore till March. Thus, in April i.e. in just 6 trading sessions, Jhunjhunwala’s net worth has decreased by Rs 907 crore or about 2.50 percent.
These shares caused more loss
Looking at the weekly highs and lows, the platform shows that Jhunjhunwala’s portfolio includes Escorts, Fortis Healthcare, DB Realty, Metro Brands, VIP Industries, Federal Bank and Delta Corp have recorded the biggest decline.
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These stocks got fast support
However, a decent rally in some stocks limited the downside in his portfolio. Rakesh Jhunjhunwala’s portfolio includes Prozone Intu Properties, Jubilant Pharmova, Bilcare, Tark, Prakash Pipes, The Mandhana Retail, Rallis India (Rallis India), Karur Vysya Bank, Tata Communications and Prakash Industries registered good gains last week.
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Other gainers include Wockhardt, SAIL, Va Tech Wabag, Jubilant Ingrevia, Geojit Financial Services, NCC, Edelweiss Financial Services. (Edelweiss Financial Services), Indian Hotels, Aptech and Firstsource Solutions.
Jhunjhunwala has maximum faith in Titan
If we look at the total net worth, Jhunjhunwala has the highest holding with a value of Rs 11,358 crore, followed by Star Health at Rs 7,540 crore, Metro Brands Rs 2,320 crore, Tata Motors Rs 1,774 crore and CRISIL 1,316. There is a holding of Rs.
During January-March 2022, Jhunjhunwala has increased his stake in Canara Bank to 1.96 per cent. He had 1.6 per cent stake in Canara Bank in the last quarter.