Rakesh Jhunjhunwala Stocks: Rakesh Jhunjhunwala is the big bull of the Indian stock market. Every newbie to the stock market finds inspiration from the man who turned Rs.5000 into Rs 41000 Cr. over the last 3 decades. New age investors are keen on following the strategies of billionaires like him. This is because he has shown exceptional acumen towards the stock market in the past and still continues to amaze people.
In this article, we are going to cover the stocks in which he has increased his stakes. This will serve as a guide to understanding the strategy behind these moves and the significance of long-term value investing.
Titan
Rakesh Jhunjhunwala is one of the largest shareholders in Titan as it has been his favorite stock since he made his initial investment back in the days. Recently in Q3 FY22, the billionaire has increased his stake for the second consecutive quarter. Rakesh Jhunjhunwala owned 4.33 crore equity shares of Titan, along with his wife Rekha Jhunjhunwala, at the end of the July-September quarter. This accounted for a 4.87% stake in the company. The total shareholding of the big bull now amounts to 11,760 crores!
Titan is the leading brand in jewelry, watches, and eyewear space deliver a 36% growth in the quarter.
Tata Motors
The second company is Tata motors where Rakesh Jhunjhunwala had made investments back in 2020. During Q3 FY22 he went on to increase his stake by 25 lakh equity shares in the company during the quarter. This took his holding to 3.92 crore equity shares.
Tata Motors has been facing a semiconductor shortage like other companies in the sector. Despite this Tata Motors is one of the best performers in the recent past and may turn out a profitable bet in the future.
Indian Hotels
The big bull has been on a shopping spree for stocks that belong to the Tata Group. The Indian Hotels Company Ltd. is involved in hotels, resorts, and hospitality spaces. Rakesh Jhunjhunwala has increased his stake in the company from 2.10 percent to 2.16 percent in Q3 FY22. He now owns 1,42,79,200 shares or 1.08 percent stake in Indian Hotels, while Rekha holds 1,42,87,765 shares or 1.08 percent stake.
Federal Bank
With the good performance in Q2 FY22, the company’s profit has increased by 50%. This has piqued the interest of the big bull. Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala have together increased the stake by 1.01 percent. The couple had added 2.10 Cr. which makes them a 3.65 percent stakeholder in the bank.
These were some of the top stocks which have piqued the interest of the marquee investor. This list sheds the light on the long-term horizon of the investments. That concludes our discussion about Rakesh Jhunjhunwala Stocks. Happy Investing!
You can now get the latest updates in the stock market on Trade Brains News and you can even use our Trade Brains Portal for fundamental analysis of your favourite stocks.
