Highlights
Jhunjhunwala trimmed his investment in Titan in the March quarter.
He sold a little over 1.5 lakh shares of ION Exchange in the March 2021 quarter.
GMR Infrastructure is yet another stock that Jhunjhunwala appears to be maintaining distance from.
Rakesh Jhunjhunwala, the stock market veteran also known as the big bull, is followed by many investors. Who can forget his key investments in firms like Titan, which also helped him become a billionaire.
However, in the March quarter, Jhunjhunwala reduced in several firms, including Titan Company. Here’s a list of all the companies, whose stocks were sold by Jhunjhunwala in the March quarter:
NEW DELHI: Big Bull Rakesh Jhunjhunwala exited four of his stock holdings during the March quarter, even as he hiked stakes in five others and cut it in six, latest shareholding data showed.
Among the stocks Jhunjhunwala exited was Ion Exchange, where he had held 5.3 per cent stake in the past six quarters. The Big Bull, who had been a key shareholder in Ion Exchange at least since December quarter of 2015, was not among its top shareholders at the end of the March quarter, BSE shareholding data showed.
GMR Infra was another stock that Jhunjhunwala seems to have sold. He had kept his stake unchanged at 1.4 per cent for at least past four quarters. But March quarter shareholding data did not list him as a key shareholder.