Stocks Jhunjhunwala Bought & Sold In The June Quarter

There are 29 recognised companies in which big Bull Rakesh Jhunjhunwala holds at least one percent stake.

In June quarter, this ace investor stayed put on most of these counters, June quarter shareholding data showed.

Jhunjhunwala, often referred to as Warren Buffett of Dalal road, accumulated shares of Orient Cement and LupinNSE -2.28 %, however sat tight on 11 other counters during the quarter that saw cash chase only choose largecaps amid a major selloff in midcaps and smallcaps.

Facts showed Jhunjhunwala sold 1 lakh fresh stocks in Lupin during the quarter to take his keeping to 2 per cent from 1.9 per cent at the end of March quarter. At Wednesdays trading charge, Jhunjhunwalas holding in the pharma fundamental was really worth Rs 750 crore.

There are many other organizations where the big Bull holds marginal stakes, which regularly do not show up within the quarterly shareholding data, as companies record on shareholders who hold more than 1 percent.

One such company is Orient Cement, where the ace investor held 1.2 per cent stake at the end of June quarter, the identical percentage he held at the end of December quarter.

Jhunjhunwalas call did not figure in March quarter shareholding data of the company, making a few investors speculate if the ace investor who generally stays put on his portfolio for the long term had shunned the counter completely.

Jhunjhunwala did not make any change to his holdings in Aptech, Edelweiss economic services, Firstsource solutions, Geojit financial ServicesNSE 1.59 % and Ion exchange.

He also maintained his holdings in man Infra construction, MCX, CrisilNSE 0.46 %, Rallis India and VIP IndustriesNSE 0.63 %. Shareholding styles of many other groups that he holds in his portfolio are yet to be disclosed and they might show a few interesting trends .

For example, the market guru had trimmed his stake in Titan, his biggest keeping, for the duration of the quarter through bulk offers. His stake inside the company dropped to 6.54 crore shares, or 7.37 per cent stake, from 7.79 crore share crore shares, or 8.78 per cent stake, as of May 21, 2018.

Besides, Jhunjhunwala-owned rare companies picked 1.30 crore stocks in direct-to-home operator Dish TVNSE -0.73 % inside the middle of June, accounting for 0.71 per cent stake, NSE bulk deal statistics showed.