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HomeMarketStocksJhunjhunwala & Co cut stakes in over dozen stocks in Q2

Jhunjhunwala & Co cut stakes in over dozen stocks in Q2

The portfolio of Rakesh Jhunjhunwala and Associates witnessed a number of modifications through the September 2022 quarter.

Dalal Avenue’s Big Bull Jhunjhunwala handed away on August 15 this yr.

RJ and Associates reduce stakes in a dozen corporations together with three exits, and picked up stake in half a dozen different shares. In 13 corporations, its stake remained unchanged for the quarter.

It, nonetheless, can’t be ascertained if Jhunjhunwala made these modifications himself or the newly appointed managers made these modifications to the portfolio of India’s largest particular person traders.

Among the many exits, Jhunjhunwala and associates’ stake dropped under one per cent in Bilcare,

and Autoline Industries as of September 30, 2022.

All of the listed corporations are obligated to launch the identify of shareholders holding one per cent or extra stake within the firm on a quarterly foundation and Jhunjhunwala’s identify had been lacking from that listing.

RJ and associates bought 25 lakh fairness shares of through the July-September 2022 interval to trim his stake to three.15% from 4.72% within the previous quarter.

The deceased veteran’s portfolio additionally say promoting of two.1 crore fairness shares of

because the stake dropped all the way down to 2.63% as of September 30, 2022 from 3.64% earlier. It additionally witnessed half a per cent stake reduce in Canara Financial institution and every.

The associates additionally trimmed his stake in another corporations together with Karus Vysya Financial institution,

, Stat Well being, and Crisil through the quarter below assessment.

Among the many additions, the marquee identify appeared within the shareholders listing of

with 42.5 lakh fairness shares and seven.91% stake within the firm which is price Rs 32.7 crore.

The portfolio additionally added 15 lakh fairness shares of Tata Communication to extend stake to 4,575,687 fairness shares or 1.61% from 3,075,687 fairness shares or 1.08% within the firm as of September 30, 2022.

Stake in Rakesh Jhunjhunwla’s prime guess Titan elevated to five.54% from 5.05% through the second quarter of the present fiscal as he added one other 43.5 lakh fairness shares of the posh merchandise maker to his portfolio.

The associates elevated stake in

and Tata Motors through the September quarter.

Nevertheless, stakes stay unchanged in corporations like Aptech,

, Escorts Kubota, , , , Man Infra, , , Wockhardt, Metro Manufacturers and .

In response to the information from Trendlyne, Rakesh Jhunjhunwala and Associates publicly holds 30 shares with a web price of over Rs 34,250.4 crore as per the most recent company shareholdings filed.

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