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Rakesh Jhunjhunwala invested heavily in this stock, selling in these companies, Do you also have an investment?

Rakesh Jhunjhunwala invested heavily in this stock, selling in these companies, Do you also have an investment

Big investors are waiting for the decisions of stock market veteran Rakesh Jhunjhunwala.

Rakesh Jhunjhunwala Stock Holding

The biggest investors are waiting for the decisions of Rakesh Jhunjhunwala, a stock market veteran and known as Bigbul. Which company he is investing in shares or which company is selling shares, is often in the discussion. In fact, it has been seen many times that the company in which Rakesh Jhunjhunwala invested, has seen a great rise in those stocks. Some such shares also became multibaggers. This is why investors try to take advantage of their investment decisions. You also would like to know that in which shares Jhunjhunwala increased investment recently, in which shares were sold. We are giving this information based on their December quarterly portfolio.

Bought 16.25 lakh shares of Titan Company

Rakesh Jhunjhunwala invested heavily in his favorite company Titan in the December quarter. During this period, he bought 16.25 lakh shares in Titan Company. Their holding in the company has now increased to 6.69 per cent, from 6.51 per cent in the September quarter. As of 12:20 pm on 15 January 2020, the share price was Rs 1180.60. In this context, the value of the total shares of Titan Company held by him was about Rs 7010 crore. He increased his stake in the company by 0.18 percent in the December quarter.

Titan company has become multibagger

Rakesh Jhunjhunwala invested in Titan Company during 2002-03. At that time the share price was 3 rupees. Jhunjhunwala then bought 6 crore shares of the company. Today, Titan Company shares have reached a price of Rs 1180.6. That is, shares have gained more than 393 times. Today, the Rakesh Jhunjhunwala family owns 5.93 crore shares of the company, whose total value has been Rs 7010 crore.

Sold the shares of these companies

Federal bank

Rakesh Jhunjhunwala sold nearly 4 million shares of Federal Bank in the December quarter. He now has a total of 56,821,069 shares in the bank. As of 12:20 pm on 15 January 2020, the share price was Rs 91.25. In this context, the value of the total shares of Titan Company held by him was about Rs 518.5 crore. His holding in the company increased by 0.21 percent in the December quarter.

First Source Solutions Limited

Rakesh Jhunjhunwala sold around 21.70 lakh shares of First Source Solutions in the December quarter. He now has a total of 193,00,000 shares of the bank. As of 12:20 pm on 15 January 2020, the share price was Rs 42.10. In this sense, the value of the total shares of Titan Company held by him was about Rs 81.3 crore. His holding in the company increased by 0.32 per cent in the December quarter.

Orient Cement

Rakesh Jhunjhunwala sold around 1 lakh shares of Orient Cement in the December quarter. He now has a total of 24,00,000 shares of the bank. As of 12:20 pm on 15 January 2020, the share price was Rs 85.35. In this sense, the value of the total shares of Titan Company held by him was about Rs 20.5 crore. His holding in the company increased by 0.05 per cent in the December quarter.

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