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Rakesh Jhunjhunwala portfolio: Stocks that Rakesh Jhunjhunwala and other ace investors bought during June quarter

As the second wave of the pandemic hit the economy and various businesses, well-known investors of Dalal Street loosened their purse strings to buy some beaten-down stocks. These stock pickers, whose purchases and sale of stocks are tracked by market participants, raised their bets or bought afresh shares of financial, metal and textiles companies in the June quarter. For instance, Rakesh Jhunjhunwala’s name showed up in June quarter holdings of Indiabulls Housing and SAIL with 2.17% and 1.39% stake, respectively. Jhunjhunwala increased stake in Edelweiss by 0.4% but lowered stake in Titan, TV18 Broadcast and Autoline Industries. Chennai-based investor Dolly Khanna’s name showed up in June quarter holdings of Deepak Spinners and Nitin Spinners, in which she owns 2.1% and 1.2% stake. Investors’ holdings of over 1% in companies appear in stock exchange disclosures.

Dolly Khanna portfolio: Dolly Khanna on shopping spree, adds 7 new stocks to her portfolio

Among the new additions, Khanna has purchased one per cent stake, or 3.22 lakh shares, in commodity chemicals manufacturer Polyplex Corporation for more than Rs 49 crore. The ace investor has also added Nitin Spinners in her portfolio. She bought more than 6.95 lakh equity shares, or 1.2 per cent stake, in the company for Rs 12.5 crore. Khanna also added Rama Phosphates and RSWM in her portfolio. She holds 3.12 lakh equity shares, or 1.8 per cent stake, in Rama Phosphates, whereas her holding in RSWM was 2.47 lakh equity shares, or 1.1 per cent, on June 30, 2021. Khanna has added Shemaroo Entertainment (2.76 lakh shares or 1 per cent), Deepak Spinners (1.49 lakh shares or 2.1 per cent) and Aries Agro (1.94 lakh shares or 1.5 per cent).

dolly khanna picks: Dolly Khanna hikes stakes in two smallcap stocks in June quarter

dolly khanna picks: Dolly Khanna hikes stakes in two smallcap stocks in June quarter
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