The markets rebounded and ended their six-day falling streak on Monday as banking, financial, power and auto stocks gained. On Tuesday, we saw that the benchmark indices continued to increase. Analysts said that the recent selling pressure seems to have halted and that a close above the 15,900-16,000 level (Nifty 50) could send signs of [...]
Ace Investor Rakesh Jhunjhunwala holds 2.5 Crore shares with holdings worth ₹ 246.5 Crores as per March 2022 data. This translates to a 1.5% stake. The share price of this company has dropped by 23.30% in the past month. The Jhunjhunwalas collectively held 5 crore shares or a 2.72% stake in the company till the [...]
Indian Hotels Limited Motilal Oswal has maintained a buy rating on this multibagger stock that is owned by ace investor Rakesh Jhunjhunwala. A Tata Group hospitality firm, Indian Hotels Limited recently reported a consolidated net profit of ₹ 71 crores in the fourth quarter and revenue from operations of ₹ 872 crores. In a note, [...]
Shares of Prozone Intu Properties Ltd hit the upper circuit in two consecutive trading sessions. It is locked at ₹24.65 apiece today. Ace investor Rakesh Jhunjhunwala holds 31,50,000 shares of the company and his holdings amount to ₹7.8 crores as per filing data related to the December quarter. Filing data related to his investment in [...]
The scare of the Covid-19 pandemic is reducing and the hospitality sector is recovering. There was a strong domestic demand and foreign tourists returned after two muted years. Indian Hotels Company (IHCL) now has strong room bookings till May 2022. This Rakesh Jhunjhunwala portfolio stock made a fresh all-time high of ₹ 245.45 on Wednesday. [...]
Big Bull Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala have big investments in Titan Company Limited. Today, Titan is trading at ₹2,454.55 apiece, up 3.51%. As per Titan Company’s shareholding for the December quarter, Rakesh Jhunjhunwala holds 3,57,10,395 shares and Rekha Jhunjhunwala holds 95,40,575 shares of the company. Therefore, the Jhunjhunwalas have a 5.09% stake [...]
The stock hit its new 52-week high of ₹134.05 on 14th February 2022 after which it has been hitting the lower circuit for five days. It has lost more than 18% since then.According to experts, this sharp downside was expected by many investors as the stock had given a similar upside.DB Realty’s board had approved [...]
"What I buy is vital, but the price at which I buy is crucial. Assume Zomato is valued at Rs 99,000 crore and Tesla is valued at $600 billion or $6 trillion. These stocks will not be purchased by me "According to Jhunjhunwala. The phenomenal performance of Zomato on the stock exchanges has failed to [...]
