Rakesh Jhunjhunwala, known as the ‘Big Bull’ of the Indian stock market, passed away at 6.30 am on Sunday morning at Breach Candy Hospital in Mumbai. He was suffering from diabetes and kidney-related health problems, which led to organ failure.
The ace investor and stock trader, who started investing at a young age with a small investment of just 5000 rupees, has become the 35th richest man in the country with a net worth of $5.5 billion.
Rakesh Jhunjhunwala, who is said to be the most bullish investor in the market A rich man with Midas. Tap on Forbes Magazine. Throughout his investment and trading journey, Jhunjhunwala has lived up to this statement, as all stocks touched by him have become multi-baggers.
The S&P BSE Sensex is currently at 59,462.78, up nearly 150 points as Rakesh Jhunjhunwala embarks on his investment journey. Much of the Sensex’s upward march was aided by Rakesh Jhunjhunwala’s stock trading and investment activities.
Today, as the entire stock market mourns the demise of a legend and the end of an era, let’s take a look at Rakesh Jhunjhunwala’s top 10 stock holdings in order of stock holdings.
At the end of the second quarter of the current financial year, Rakesh Jhunjhunwala owned 32 stocks with shareholdings varying from 1.2% to 23%.
1 – Titan Company Limited – The Tata Group-owned Titan Company Limited stocks are one of Rakesh Jhunjhunwala’s most popular stocks and he currently holds a 5.10% stake in the company.
One of the world’s largest jewelery brands and watch manufacturers, Titan Company Limited from Jhunjhunwala has seen investments in the financial year 2002-03. He bought the shares in the range of 30-32 rupees, at a time when the company was facing failure and financial crisis.
He now holds 4,48,50,970 shares worth Rs 11,086.9 crore in the company.
2 – Star Health and Allied Insurance Company – Rakesh Jhunjhunwala started investing in the insurance company in 2018-19 and had a 17.49 percent stake along with his wife Rekha Jhunjhunwala. The total share price stood at Rs 7,017.5 crore at the end of June 2022 quarter.
3 – Metro Brands – The ace investor had a substantial investment in the shares of this Mumbai-based footwear chain in which he and his wife jointly held 14.40% (3,91,53,600 shares). The total share price stood at Rs 3348.8 crore at the end of the June quarter.
The company’s shares, which were listed last December, closed the market at a 52-week high of 869 rupees per share on Friday, helping investors gain 221 crores overnight.
4 – Tata Motors Limited – Another favorite Jhunjhunjwala stock from the Tata group of companies was Tata Motors. The investor owned 1.10% in the automobile company at a value of Rs 1731.1 crore.
5 – Crisil Ltd – The investor held a 5.5% stake in this Mumbai-based Indian analytics company, at a holding value of Rs 1301.9 crore.
6 – Fortis Healthcare Ltd – Jhunjhunwala has invested in 4.2% shares of Fortis Healthcare Ltd, a Gurgaon-based private hospital chain. The current investment value is 898.9 crores.
7 – Federal Bank Limited – Federal Bank stock was one of the investor’s favorite from the banking sector. With a joint share of 3.6%, the share price reached 839 crores in the second quarter.
He and his wife bought 1.01% stake (2.10 crore shares) in Federal Bank last financial year.
8 – Canara Bank – The investor had a 2% stake of 822.5 crores in this bank stock.
9 – Indian Hotel Company – Another popular Tata stock, the Indian hotel company under the Tata Group, is a big bull in the stock market. He had an investment of 816.3 core Indian rupees (2.10% stake) in the Indian hotel company founded 123 years ago.
10 – NCC Ltd – Rakesh Jhunjhunwala had a 12.6% stake in NCC Ltd, a major business and industrial infrastructure firm. As of the second quarter, the stock price stood at 505.2 crores of Indian rupees.
All stock and bond price numbers are as of June 2022.
Source – BusinessToday.In
(Please note that the above is indicative list and may not be 100% accurate as it is collected from various websites)