Rakesh Jhunjhunwala portfolio: Seven stocks that big bull sold in March quarter
Rakesh Jhunjhunwala reduced his stake in stocks such as Titan Company, Tata Communications and VIP Industries among others in Q4
BusinessToday.In | May 7, 2021 | Updated 18:42 IST
Stock market veteran Rakesh Jhunjhunwala reduced his stake in stocks such as Titan Company, Tata Communications, VIP Industries, ION Exchange, Indiabulls Real Estate, Firstsource Solutions, and GMR Infra in the last quarter.
Stock market veteran Rakesh Jhunjhunwala reduced his stake in stocks such as Titan Company, Tata Communications, VIP Industries, ION Exchange, Indiabulls Real Estate, Firstsource Solutions, and GMR Infra in the last quarter. On the other hand, he raised his stake in stocks such as MCX, Fortis Healthcare, and Agrotech Foods in the last quarter.
Jhunjhunwala’s investment in Nazara Tech rises to ₹432 crore
March 14, 2021
Rakesh Jhunjhunwala, stock-market investor - PAUL NORONHA×
India’s Warren Buffett had invested about ₹180 crore in the Mumbai-based diversified gaming and sports media platform in 2018 Big bull Rakesh Jhunjhunwala’s investment in Nazara Technologies Ltd is pegged at about ₹432 crore as the gaming and sports media platform hits the market with a ₹583-crore Initial Public Offering on Wednesday.
This is based on the upper price band of ₹1,101 a share as Jhunjhunwala holds 32.94 lakh shares or 10.82 per cent in the company. While the entire IPO is an Offer For Sale (OFS) only issue, and there will not be any fresh offering by Nazara Technologies, the ace investor is not diluting any stake.
Exclusive content, features, opinions and comment - hand-picked by our editors, just for you.
Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
Track the industry of your choice with a daily newsletter specific to that industry.
Stay on top of your investments. Track stock prices in your portfolio.
NOTE :
This product is a monthly auto renewal product.
Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
To cancel, communicate from your registered email id and send the mail with the request to assist@bsmail.in. Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon.